Mercer is pleased to announce the recent appointment of Paramount Pension Trustees Limited (represented by Brian Buggy) as a co-trustee of the Mercer Master Trust in Ireland.
This addition to the trustee board further enhances the trustee oversight already provided by Irish Pensions Trust Limited (Ireland’s largest trustee company, serving clients for over 60 years).
Established in 2006, the Mercer Master Trust is one of the oldest master trusts in Ireland. It offers a complete, holistic, defined contribution (DC) solution governed by professional trustees.
Commenting on the appointment Anita Butler of Mercer said; “Mercer is pleased to welcome Brian Buggy to the Mercer Master Trust. He brings a wealth of experience including over 30 years as a practising solicitor in the areas of pensions, employee benefits law and pension trusteeship issues. This, alongside his long-term participation in a wide variety of pension related professional bodies in Ireland and the UK, positions him well to enhance the independent Trustee oversight of the trust alongside Irish Pensions Trust. In making this appointment our goal is to further enhance Mercer Master Trust’s reputation for excellence in governance and compliance”.
As the largest master trust of its kind in the country, the Mercer Master Trust has more than 90 employers and 20,000 people who benefit from its access to the Mercer Aspire Defined Contribution Solution, including unique investment capabilities supported by inbuilt communications, governance and administration. The Mercer Master Trust was the first Master Trust in Ireland to receive the IAPF QPS Award and was the recipient of the ‘Excellence in DC’ award at the 2019 Irish Pensions Awards.
Commenting on his appointment to the trustee board, Mr. Buggy said; “I am pleased to represent Paramount Pension Trustees Limited as an independent trustee to the Mercer Master Trust. I look forward to working with Irish Pensions Trust to serve the best interests of the Mercer Master Trust pension members”.
To find out more about the Mercer Master Trust, visit our website
About Brian Buggy
Brian Buggy has over 30 years’ experience as a practising solicitor, in particular in the area of pensions and employee benefits law, as well as pension trusteeship issues.
Brian is a member of a number of professional bodies in the UK and Ireland. He is a member of, and former Chairman of, the Association of Pension Lawyers in Ireland. He is a council member of (and currently the Secretary of) the Irish Association of Pension Funds, an associate member of the UK Association of Pension Lawyers, and a member of the International Pensions and Employee Benefits Lawyers Association (IPEBLA). He was also a member of the Pensions Board in the period 2000-2005.
Brian is joint author of Irish Pensions Law & Practice (2nd edition 2005) and has participated as speaker in seminars, both in Ireland and overseas, on pensions and employee benefit issues. He is a contributor on pension and employee benefit issues to periodicals, professional journals and newspapers and was named a leading individual for pensions and employee benefits by European Legal 500 (2019) and as a leading pensions lawyer by Chambers Europe 2020.
Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s more than 25,000 employees are based in 44 countries and the firm operates in over 130 countries. Mercer is a business of Marsh & McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with 76,000 colleagues and annual revenue of $17 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit www.mercer.ie. Follow Mercer on Twitter @Mercerireland.