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
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