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

STS Field Grant scheme secures £5m buy-in with Aviva

STS Field Grant scheme secures £5m buy-in with Aviva

Transaction secures the benefits of 14 deferred and 34 pensioner members

Holly Roach
clock 06 July 2026 • 2 min read
Oil and gas sector scheme secures £48m buy-in with Canada Life

Oil and gas sector scheme secures £48m buy-in with Canada Life

Transaction secures the benefits of 500 pensioner and deferred members

Holly Roach
clock 02 July 2026 • 1 min read
Royal Institute of British Architects scheme completes £35m buy-in with PIC

Royal Institute of British Architects scheme completes £35m buy-in with PIC

Transaction secures the benefits of 186 scheme members

Holly Roach
clock 25 June 2026 • 2 min read
Trustpilot