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
All members of the betting company scheme are insured
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All members of the betting company scheme are insured

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...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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