BP Pensioner Group
Information PostsBP Pension Dispute: Time for Scrutiny by a Court or Ombudsman – (28/10/2024)
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 Battle to Come over Companies Pensions Billions (25/04/2024)
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?
BP Pensioner Group Response to Options for Defined Benefit Schemes (17/04/2024)
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 Shareholders Raise Questions For The Board At The BP Annual General Meeting (12/04/2024)
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...
Judge Rules Against BP In US Pension Dispute (30/03/2024)
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...
BP Pensioner Group’s Solicitors receive BP’s response to the campaign’s legal letter (29/03/2024)
The BP Pensioner Group has reported today (29 March 2024) that the campaign’s solicitor has after 108 days, received a substantive response from BP’s solicitor to the legal letter sent in December 2023. The response will be considered by the campaign’s legal team.
BP Pensioner Group’s Solicitors receive BP Pension Trustees’ response to the campaign’s legal letter (27/03/2024)
The BP Pensioner Group has reported today (27 March 2024) that the BP Pension Trustees have responded to the legal letter from the Group. The Group has still to hear from BP.
Important Information for BP UK staff (21/03/2024)
The BP Pensioner Group released important information to BP staff by distributing leaflets at various UK locations about the BP Pension Dispute. For those who were blocked from receiving this, you can see this information by clicking here.
UK Pensions Q&A Issued by BP – A Response and Rebuttal by the BP Pensioner Group (29/02/2024)
BP’s 20 February 2024 Pensioner Information Session – an online TV programme with 1300 pensioner viewers on the day and presented by Kerry Dryburgh (BP VP), Kate Thomson (BP CFO) and Gary Hibbard (ex-Head BP Pensions) – left many unresolved issues in the growing BP pension dispute. The BP...
BP Board Dismisses Former CEO Bernard Looney for Serious Misconduct – (13/12/2023)
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 clawback of remuneration from July...
For further information email: comms@bppensionergroup.org