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A sorry scandal

23 July 2004 By Edward Hadas

If Federal Mogul had provided enough, its UK pensioners would not be losing half their pensions. The new law will not resolve this problem. The lessons: Trustees should be more assertive. Companies should be less reckless. And more probelms should be expected. The lessons: Trustees should be more assertive. Companies should be less reckless. And more problems should be expected.

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