BP ‘Information Session’ Fails Pensioners ‘Top 8 Questions’ Test – (21/02/2024 – updated 23/02/2024)

by alexgkent | Feb 21, 2024 | Media Statements

“A missed opportunity and lack of good faith by BP leadership” BP held an ‘on-line’ Information Session for members of its UK Pension Scheme on 20th February 2024. This one-way broadcast was arranged to address concerns raised by thousands of pensioners regarding...

Westminster MPs Criticise BP’s leadership for “dealing from the bottom of the deck” on UK pensions. – (17/01/2024)

by alexgkent | Jan 17, 2024 | Media Statements

Pensions Minister agrees to look into BP issue. In a Parliamentary debate in Westminster Hall today , Alistair Carmichael, MP (Orkney & Shetland) told UK Pension’s Minister Paul Maynard that BP appeared to be “dealing from the bottom of the deck” when it came to...

A Rebuttal by the BP Pensioner Group to BP’s Statement: ‘An Update on UK Pension Concerns’ – (Updated: 15/1/2024)

by alexgkent | Jan 15, 2024 | Media Statements

On 30 November 2023, BP posted a ‘standard’ response statement ‘An Update on UK pension concerns’ on its company website regarding its dispute involving thousands of its UK pensioners.  The BP Pensioner Group rebuts a number of the claims and assertions made. bp...

BP Board Dismisses Former CEO Bernard Looney for Serious Misconduct – (13/12/2023)

by alexgkent | Dec 14, 2023 | Information

On 13 December the BP Board announced the dismissal of former CEO Bernard Looney for reasons of serious misconduct.   BP also stopped Mr Looney from receiving remuneration of £32,460,000 consisting of salary, benefits and annual bonus, unvested share awards and...

Pensioners Commence Legal Process to call to account BP and the BP Pension Fund Trustee for actions taken in relation to Pension increases – (08/12/2023)

by alexgkent | Dec 8, 2023 | Media Statements

Following the appointment of Andrew Spink KC and solicitors Stephenson Harwood LLP, by the BP Pensioner Group, confidential legal letters have today been issued to senior members of BP management and directors of the BP Pension Fund Trustee. This is the culmination of...