Increasing insolvency levels likely to put DB sponsors at 'tipping point'

LCP analysis finds schemes should prepare for further challenging economic times

Martin Richmond
clock • 2 min read
Increasing insolvency levels likely to put DB sponsors at 'tipping point'

The UK’s challenging economic climate is likely to put companies at increased risk of insolvency meaning defined benefit (DB) sponsors and trustees should prepare accordingly, Lane Clark & Peacock (LCP) has urged.

In a blog published today (9 November), head of covenant and financial analysis Jonathan Wolff said the high inflation environment was leading to increased costs for companies, which were likely to...

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