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The Battle to Come over Companies Pensions Billions (25/04/2024)

by alexgkent | Apr 25, 2024 | Information

The Times has published an article which looks at how companies have their eye on £359 billion pension fund surpluses. The article can be viewed by clicking here. An emerging national scandal with BP providing the blueprint?...

Pensioner group calls on Government to protect UK’s 9 million defined benefit pensioners from raids on fund surpluses – (19/04/2024)

by alexgkent | Apr 19, 2024 | Media Statements

“Easing controls on surplus extraction should only be considered alongside new measures that protect pension fund members”. The BP Pensioner Group (BPPG) has called for more measures to protect 9 million members of UK Defined Benefit (DB) pension funds, replying to...

BP Pensioner Group Response to Options for Defined Benefit Schemes (17/04/2024)

by alexgkent | Apr 17, 2024 | Information

The BP Pensioner Group has published its response to the public consultation by the Department of Work and Pensions on Options for Defined Benefit Schemes. The response can be viewed by clicking...

BP Shareholders Raise Questions For The Board At The BP Annual General Meeting (12/04/2024)

by alexgkent | Apr 13, 2024 | Information

BP Pensioner Group members who are BP shareholders are submitting questions for BP to answer at the BP Annual General Meeting on 25 April 2024. These questions include: The BP Annual Report and Accounts includes all of the UK Pension Fund surplus as an asset of the...

Judge Rules Against BP In US Pension Dispute (30/03/2024)

by alexgkent | Mar 30, 2024 | Information

In a long running BP pension dispute in the US a federal judge ruled that the company “committed fraud or similarly inequitable conduct” in how it announced a pension formula change more than 30 years ago. For details...
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