Defined Contribution

Smart Pension adds director of U.K. distribution

Paul Bucksey was named director of U.K. distribution at Smart Pension, a multiemployer defined contribution plan, a spokeswoman said.

The position is new. Mr. Bucksey strengthens Smart Pension's management team and helps to broaden the technology offering to larger employers.

"(Mr. Bucksey) has extensive expertise in the U.K.'s pension industry spanning two decades and at a very senior level," said Andrew Evans, co-founder and CEO, in a news release. "His deep understanding and impressive market influence will be key as we evolve into a leading player in the wider DC marketplace."

Mr. Bucksey was a director at Aegon U.K., leading its workplace savings business, and left in June 2018, an Aegon spokesman said. He was not replaced, the spokesman said.

Smart Pension has 100 million ($129 million) in assets.