The Shell pension scheme deficit is caused by th eeconomic downturn - a cyclical event which will be reversed within a couple of years.
Pension funds are long term investments - not short term... headlines such as the one linked to by Mr Jones are nothing but scaremongering and sensationalist.
I seem to recall that at the beginning of the pensions brief, we were told specifically that the current financial climate was not an issue to the long term state of the fund