Finance

Exclusive: GVC set for £9m windfall as Ladbrokes pension scheme is wound up

Up-in-arms former employees write to trustee to question decision to return pension plan excess to FTSE 100 bookmaker

GVC is primed to receive a lump-sum payment of £9m in excess plan benefits relating to Ladbrokes’ employee pension plan, EGR can exclusively reveal. The lump sum is due to be paid as scheme benefits wind up before being transferred from an internal pension scheme to external management by Rothesay Life. This forms what is…

Finance | GVC | Ladbrokes | Ladbrokes Coral | pension | People

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