Ladbrokes scheme agrees buyout with Rothesay

Gambling company scheme prepares to wind up as insurer takes on DB policies

James Phillips
clock • 1 min read

The Ladbrokes Pension Plan has agreed a buyout with Rothesay as it completes its final stages of wind up, Professional Pensions understands.

The betting and gambling company final salary scheme agreed the transaction in February, converting an existing £420m full buy-in policy that had been agreed in 2019. Members were contacted earl...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Risk Reduction

One third think most schemes will reach buyout within three years

One third think most schemes will reach buyout within three years

SPP finds most professionals think fewer than half of schemes will complete buyout in three years

Jasmine Urquhart
clock 25 February 2026 • 1 min read
Mouchel Business Services scheme agrees £9.5m buy-in with Just Group

Mouchel Business Services scheme agrees £9.5m buy-in with Just Group

Transaction secures the benefits of all 220 scheme members

Holly Roach
clock 25 February 2026 • 3 min read
Trinity Retirement Benefit Scheme completes £270m buy-in with M&G

Trinity Retirement Benefit Scheme completes £270m buy-in with M&G

Bulk purchase annuity transaction secures the benefits of over 3,200 members

Martin Richmond
clock 25 February 2026 • 2 min read
Trustpilot