Two-in-three DB sponsors issue profit warnings in 2020

Hope William-Smith
clock • 2 min read

“Mounting red flags of financial stress” have meant almost two-thirds of listed companies with defined benefit (DB) schemes have issued profit warnings this year, EY says.

The auditor's quarterly analysis of UK profit warnings, released today (26 October), showed a total of 228 profit warnings were issued by listed DB scheme sponsors in the first nine months of 2020....

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

More on Defined Benefit

Six pension funds formally announce intention to join LGPS Central

Six pension funds formally announce intention to join LGPS Central

Pool set to manage £100bn with total number of partner funds to be 14

Holly Roach
clock 30 October 2025 • 4 min read
Partner Insight: Run-off insurance for trustees - What you need to know

Partner Insight: Run-off insurance for trustees - What you need to know

Susannah Calder, Partner, Aon
clock 29 October 2025 • 4 min read
Railpen's Nick Ranson: Adequacy, UK investment and the potential of AI

Railpen's Nick Ranson: Adequacy, UK investment and the potential of AI

The CFO of the railway schemes’ provider talks about getting great outcomes for members

Jonathan Stapleton
clock 24 October 2025 • 5 min read
Trustpilot