BP Pensioner Group

A significant milestone has now been reached with the BP Pensioner Group’s (BPPG) submission of a detailed complaint to the Pensions Ombudsman (PO) concerning both BP and the BP Pension Fund Trustees. Because of the PO’s strict confidentiality rules — and because some of the information used in...

The Work and Pensions Committee has taken evidence on the impact of non-inflation indexation from leading figures from affected retirees’ campaign groups. This includes evidence provided by Jonathan Popper on behalf of the BP Pensioner Group....

The BP Pensioner Group (BPPG) has submitted pensions context, evidence and proposals to the Parliamentary Committee scrutinising the Pension Schemes Bill. In brief BPPG would like to see that the Pension Schemes Bill serves members first - explicit protections, no employer veto, and independent...

The BP Pensioner Group (BPPG) has submitted a detailed complaint - supported by extensive evidence - to the Pensions Ombudsman regarding BP and the BP Pension Fund Trustees. BP can no longer assert the ‘pension matter is closed’.

After 18 months of trying to engage BP and the Trustee in a meaningful dialogue, our campaign is forced reluctantly to seek to have matters determined either in a court or by the Pension Ombudsman. The Pension Increase Policy will be just one of several of these matters to be scrutinised. This a...

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?  

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 here.

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 Company. The BP Pensioner Group...

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...