EY-Parthenon research finds credit tightening cited as key reason for profit warnings
Increases in overheads cited as reason for issue of profit warnings
Climate change ‘progressively impacting’ scheme sponsor covenants
2021 year-end saw a jump despite overall warnings remaining lower than in 2020
Our monthly round-up of the most important articles PP has published over the last month
Profit warnings almost double between Q2 and Q3 but remain below the 2020 peak
The long-debated Pension Schemes Bill has received parliamentary approval, guaranteeing its place on the statute book.
Oversimplification must be avoided in The Pensions Regulator’s (TPR) proposed revision of the defined benefit (DB) scheme funding code, and a third way might be necessary, the industry has said.