With offices across the UK, Buck draws upon its 100 years of expertise in pensions and employee benefits to offer high quality advice and service delivery to clients. The team will be led by David Piltz as UK Managing Director.
In the UK, the business will have a joint focus. The first will be to provide a wide range of actuarial and investment consulting services to trustees as well as company sponsors of UK pension schemes, and also outsourced/co-sourced pensions administration. This covers both defined benefit and defined contribution provision.
The second will be on improving the employee experience through effective benefits programmes which increase staff engagement and motivation. This will be supported through innovative technology and data analytics solutions that not only streamline the benefits process, but also provide insights from and connect the disparate data present in many HR departments.
A key area of focus for Buck is the social contract, a two-way, mutually beneficial agreement between employers and employees, and trustees and members, where all parties are rewarded for their contributions toward desired business outcomes. With constantly shifting expectations, the social contract will identify the best ways to engage employees and members – from offering the best employee benefits packages to suit a wide range of staff to supporting employers and trustees on every step of their pension plan journey through risk management and pensions administration.
David Piltz, UK Managing Director at Buck says: “The UK launch of the new Buck aims to use the extensive experience of our team with the advantages that technology-driven solutions bring to both pension schemes and employee benefits within a business. Financial and personal wellbeing are key issues that both trustees and employers need to prioritise in the coming years. Whether it’s providing an effective pension fund risk management strategy, or offering opportunities for individuals to better understand their personal finances, we aim to exceed our clients’ expectations by being nimble and easy to do business with, and combining our vast expertise with the very latest technology and decisioning tools.”
Jack Freker, Chief Executive Officer at Buck comments: “At Buck, we are dedicated to working with organisations to meet the changing expectations of their people by drawing upon on the breadth of expertise and talent within our team whilst looking to the future through our technology innovation. Our UK business has always been fundamental to the strength and growth of our organisation and I’m confident that this new chapter in our history will build upon this as we continue to evolve and expand.”
|
