EY-Parthenon research finds 26% of UK listed companies with a DB scheme issued a warning in last 12 months
EY-Parthenon finds Q3 saw a 33% increase compared to Q2
EY-Parthenon report shows 18 profit warnings were issued by UK sponsors with a DB scheme
EY-Parthenon research finds credit tightening cited as key reason for profit warnings
One quarter of profit warnings in the UK in Q3 came from companies with DB schemes
Over a quarter of warnings were issued by companies in the consumer-facing industry
Mercer sells UK admin arm to form employee benefits and pensions company Aptia
Profit warnings are up, but majority of DB schemes have long-term funding plan in place
Guide comes in a bid to help consultants and trustees navigate ESG covenant risks
Increases in overheads cited as reason for issue of profit warnings