The woman and Man with a pension plan

UK pension trustees face the possibility of their schemes failing, and pulling their sponsoring company under with them if they do not look beyond their typical 60% equities and 40% bond allocation, according to Ros Altmann, a leading UK independent consultant on pensions.

Speaking at a Man Investments briefing in London in late October, Altmann said: "It's inevitable there will be big companies being bankrupted by their pension schemes," if a change of trustees' mind-sets was not forthcoming