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NAAFI Pension Fund appoints Buck Consultants as investment consultant

THE £325m Navy, Army and Air Force Institutes Pension Fund has appointed Buck Consultants to provide investment consulting services.

The NAAFI scheme has more than 7000 members.

Trustee chairman Alan Cole said: "We believe that Buck Consultants has the combination of experience and creativity we require, along with the ability to explain complex issues in a clear and concise way."

Buck Consultants head of investment consulting Steven White said: "The team at Buck is delighted by this appointment and is relishing the opportunity to assist the trustees in achieving a successful investment policy."

The organisation supports Britain’s Armed Forces, side by side in campaigns all around the world, by providing a taste of home life abroad. It currently has a large established base in Germany and on the front line in Afghanistan and Iraq.

Its facilities troops with stores, restaurants, bars and coffee shops, as well as supporting the military community by paying back a proportion of profits through welfare return.

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