Ladbrokes has chosen Legal & General to provide a master-trust defined-contribution pension scheme for its 14,000 staff.
The new scheme will be available to all of the bookmaker’s eligible staff from its 1 March 2013 automatic enrolment staging date.
Independent trustee firm Pitmans Trustees has been appointed to the scheme’s trustee board.
L&G workplace savings development director Ian Foster says: “This appointment reflects the culmination of a 14 month project and Ladbrokes enthusiastic commitment to preparing for auto-enrolment is a testament to the collaborative approach to this partnership.
“I am confident that we are ready to meet the challenge of auto enrolling thousands of eligible staff in a few months time.”