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Ladbrokes chooses L&G master-trust for auto-enrolment

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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.”

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