UK DB profit warnings fall for first time in a year

EY-Parthenon report shows 18 profit warnings were issued by UK sponsors with a DB scheme

Holly Roach
clock • 2 min read
UK DB profit warnings fall for first time in a year

Profit warnings from UK sponsors with defined benefit (DB) pension schemes reach their lowest level in a year, according to EY-Parthenon.

The organisation's Profit Warnings report revealed 18 warnings were issued by the companies in the first three months of 2024, an 18% drop since Q4 2023 when 22 warnings were issued and Q3 2023 whe...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Industry supports DB surplus release so long as clear parameters set, Aon finds

Industry supports DB surplus release so long as clear parameters set, Aon finds

Poll finds industry favours prudent thresholds and detailed consideration when it comes to future plans for surplus release

Holly Roach
clock 23 April 2025 • 3 min read
Sponsoring employers facing less pressure after 'radical' funding improvements

Sponsoring employers facing less pressure after 'radical' funding improvements

Broadstone says employer contributions needed to plug scheme shortfalls have ‘plummeted’

Holly Roach
clock 22 April 2025 • 1 min read
Tender Watch: LGPS re-appoints Equiniti as admin software supplier

Tender Watch: LGPS re-appoints Equiniti as admin software supplier

LGPS re-appoints Equiniti as software supplier on national framework for a further four years

Professional Pensions
clock 15 April 2025 • 1 min read
Trustpilot