Buck Consultants announced that Fraser Smart has been appointed head of Buck Consultants worldwide and will relocate to the New York office.

"I am taking on this role during an exciting time for Buck," says Smart. "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."

Smart, who has more than 20 years of industry experience, was appointed managing director of Buck in Europe in 2010. He joined Buck in 2006 to manage Buck's Edinburgh and Manchester offices. He is a graduate of Edinburgh University and a Fellow of the Institute and Faculty of Actuaries.

Meanwhile, the firm also announced that Steven White, managing director of Buck Global Investment Advisors (BGIA) and Global Benefits Administration, will replace Fraser Smart as the managing director, Europe of Buck Consultants. This role will have responsibility for the combined administration and consulting business in Europe.

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