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House of Commons Pensions Debate Criticises BP – (03/05/2024)

by James Murphy | May 3, 2024 | Media Statements

“Moral bankruptcy” at the heart of company’s approach to pensioners In a Parliamentary debate on UK pensions in the House of Commons on 2 May 2024, Alistair Carmichael, Liberal Democrat MP (Orkney & Shetland) told the House there appeared to be a “moral...

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 Welcomes Parliament Select Committee Report on UK Defined Benefit Pensions – (26/03/2024)

by alexgkent | Mar 26, 2024 | Media Statements

“The report resets the UK pension debate – by reminding employers and trustees that the interests of pension scheme members are paramount.” The BP Pensioner Group – representing 2,800 members of the BP Defined Benefit Pension Scheme – strongly welcomed the...

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...
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