A safe bet? Ladbrokes go with L&G for AE

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Ladbrokes has selected Legal and General (L&G) to provide its auto-enrolment scheme.

The bookmaker's 14,000 eligible employees with be enrolled into L&G's defined contribution master trust at the beginning of March next year. This is one in a string of announcements for L&G which has seen workplace savings revenue rise by 189% of the back of auto-enrolment for retailers. Ladbrokes pensions and benefits manager Phil Rixon said L&G's commitment to long-term partnerships and focus on retirement outcomes impressed him. He added: "The appointment of Pitmans to the master trust's trustee board is further evidence of a compelling attitude to governance." L&G developmen...

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