Steven White is being appointed managing director Europe at Buck Consultants as Fraser Smart moves to New York to take the role of head of Buck Consultants worldwide.
White was formerly managing director of Buck Global Investment Advisors (BGIA) and Global Benefits Administration. His new role gives him responsibility for the combined administration and consulting business in Europe.
Smart was appointed managing director of Buck in Europe in 2010. He joined Buck in 2006 to manage Buck’s Edinburgh and Manchester offices.
White joined Buck in September 2005 as head of the UK investment consulting team, becoming managing director of Buck Global Investment Advisors in 2010 and of the European Benefits Administration business of Buck and Xerox in 2013. He started his pensions career in 1991 at the Government Actuary’s Department, working in the Pensions Directorate, following which he spent seven years as an investment consultant and investment partner at a UK firm of actuaries and consultants.
Smart says: “I am taking on this role during an exciting time for Buck. Employers and employees globally are facing challenges and opportunities in retirement and health care, for example health care reform in the United States, the growth of a vibrant Brazilian economy, active de-risking of pension plans and overall HR spend optimization for Canadian companies and other changes and developments around the world. I look forward to bringing insights into the successes we have had in the United Kingdom and applying them broadly across Buck so that we continue to anticipate the needs of our clients around the world, and deliver on our promises to them. ”
“Since joining BGIA, Steven has developed a global investment consulting team, providing advice to a range of institutions with assets totaling more than $75 billion, and has managed our benefits administration business in Europe. Steven is well placed to drive Buck’s combined administration and consulting business forward in Europe.”