The Conservative party has promised a range of cuts if it wins power in the general election in May.
Party leader Nick Clegg has set out Lib Dem plans to pay off the deficit by 2017/18.
Labour has pledged that each of its policies will be fully funded and need no extra borrowing, as it launches its manifesto on Monday.
Mohamed Al Fayed decided to sell Harrods after the pension scheme trustee refused to clear a dividend payment.
The Confederation of British Industry (CBI) has called for a shift to a ‘notional defined contribution' model - effectively pay-as-you-go DC - to tackle the £1trn unfunded public sector pensions deficit.
Aggregate scheme funding improved by £60.1bn in December 2009, latest figures from the Pension Protection Fund reveal.