UK DB company profit warnings reached four-year high last year

Research finds almost one in four UK firms with DB schemes issued a profit warning

Jasmine Urquhart
clock • 2 min read
UK DB company profit warnings reached four-year high last year

Profit warnings from UK companies with a defined benefit (DB) pension scheme reached a four-year high last year, according to EY Parthenon.

The research found almost one quarter (24%) of UK-listed companies with a DB scheme issued a profit warning in 2024, totalling 81 profit warnings. These warnings accounted for almost one third (...

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

Partner Insight Video: Risk settlement for defined benefit pension schemes

Partner Insight Video: Risk settlement for defined benefit pension schemes

Leah Evans, partner at Aon
clock 14 March 2025 • 1 min read
Balfour Beatty scheme reveals 'phased withdrawal' from growth assets

Balfour Beatty scheme reveals 'phased withdrawal' from growth assets

Move comes ahead of triennial valuation this year and posting of IAS 19 surplus

Jonathan Stapleton
clock 12 March 2025 • 2 min read
PPF 7800 index shows muted response to 'considerable' intra-month volatility

PPF 7800 index shows muted response to 'considerable' intra-month volatility

Funding levels show only slight fall in response to geopolitical news

Jonathan Stapleton
clock 11 March 2025 • 1 min read
Trustpilot