DB schemes account for 26% of total Q1 2022 profit warnings

Increases in overheads cited as reason for issue of profit warnings

Martin Richmond
clock • 1 min read
UK pensions covenant advisory leader Karina Brookes
Image:

UK pensions covenant advisory leader Karina Brookes

Profit warnings from UK listed companies with a defined benefit (DB) scheme accounted for 26% of the total warnings in the first quarter of 2022, according to the latest analysis from EY-Parthenon.

The analysis revealed that of the 72 listed companies that issued a profit warning in the first quarter of the year, 19 of them came from firms with a DB scheme. Increases in overheads such as w...

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

Workplace pensions are 'bright star in a dark sky' for corporate UK

Workplace pensions are 'bright star in a dark sky' for corporate UK

LCP says corporations can benefit from high funding levels and schemes’ endgame opportunities

Jasmine Urquhart
clock 27 October 2025 • 1 min read
MHCLG releases LGPS statistics for 2024/25

MHCLG releases LGPS statistics for 2024/25

2024/25 statistics reveal 11.7% increase in expenditure and 5.2% increase in total income

Jasmine Urquhart
clock 22 October 2025 • 1 min read
Record low mortality in Q3, CMI says

Record low mortality in Q3, CMI says

Overall mortality in first three quarters of 2025 lower than same period of any other year

Jasmine Urquhart
clock 09 October 2025 • 1 min read
Trustpilot