UK DB profit warnings reach highest quarterly level of 2024

EY-Parthenon finds Q3 saw a 33% increase compared to Q2

Martin Richmond
clock • 2 min read
UK DB profit warnings reach highest quarterly level of 2024

Profit warnings from UK sponsors with defined benefit (DB) schemes in 2024 reached their highest quarterly total for the year in Q3, research from EY-Parthenon has shown.

The data from the firm's latest Profit Warnings report revealed from July to September, UK-listed companies with a DB scheme issued 20 profit warnings. This equalled the number of profit warnings i...

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

ACA members say low dependency the minimum level for surplus release

ACA members say low dependency the minimum level for surplus release

Actuaries also believe there is a minimum scheme size suitable for DB surplus release

Jonathan Stapleton
clock 07 July 2025 • 3 min read
LCP launches Visualise+ to give schemes 'integrated picture'

LCP launches Visualise+ to give schemes 'integrated picture'

LCP updates Visualise technology platform in latest iteration of its flagship technology

Alexandru Antoniu-Martin
clock 07 July 2025 • 1 min read
Barnett Waddingham submits first valuation under new DB funding code

Barnett Waddingham submits first valuation under new DB funding code

The Royal Society scheme’s submission comes after rules came into force last September

Jonathan Stapleton
clock 07 July 2025 • 1 min read
Trustpilot