Tag Archives: BP
BP must “return to its Code of Conduct” – and how it spends its member’s pension surplus.
BP has ditched another CEO and will have a new one in April. Here is comment from Stephen Rees. Members of the BP Action Group are not short of a voice, they have created a BP Pensioner Group to ensure … Continue reading
Pension heroes or Pension zeroes – pre-97 and under payment of indexation.
The Minister termed those with a pension vocation “pension heroes”. This is a blog in praise of such people and against those who I call Pension Zeroes, those who stand against people getting their fair share. Readers of this blog … Continue reading
BP pensioners demonstrate against “social mobility” white-wash
BP Pensioner Group is a collection of mature workers looking to protect BP pensions. I support BP Pensioner Group for two reasons BP pensioners and deferred pensioners deserve better from their trustees and their sponsor- BP The rights of ordinary … Continue reading
Is Shell De-risking or De-stroying its pension good will?
I’ve been outing poor practice at the BP DB scheme. It may just have become too big for the insurers but it hasn’t woken up to the advantage of running on. Now the champion Beverly Ord has brought to my … Continue reading
BP show a shameful lack of pension leadership.
There are a handful of British companies that carry our name. They stand for what we used to call the best of British in the corporate place. Among these “British ” Petroleum stands high, it is not- like Shell , … Continue reading
Posted in pensions
Tagged BP, British Petroleum, Business, Business and Economy, corporate governance, corporate risk, pension, Pension Regulator, Pensions, Retirement
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When a pension scheme loses its way…
We hear a lot about financial well-being , which is something we are taught by financial educators in the workplace. “We’ll help you look after yourself”, stuff. But for decades, companies took on the task of providing staff with … Continue reading
BP, Shell , Hewlett Packard – Parliament is watching the way you treat your pensioners.
Thanks to Alistair Carmichael, MP for the Shetlands and the Orkneys (a BP heartland) for securing a 90 minute debate on private pensions. Despite an attempt late in the debate to hi-jack the debate by Therese Coffey, this was not … Continue reading
BP, Shell , Hewlett Packard – Parliament is watching the way you treat your pensioners.
Thanks to Alistair Carmichael, MP for the Shetlands and the Orkneys (a BP heartland) for securing a 90 minute debate on private pensions. Despite an attempt late in the debate to hi-jack the debate by Therese Coffey, this was not … Continue reading
“Calpers will not be silenced” – what matters “over there” – matters here.
Here are the brutal facts. Two shareholders filed a case against Exxon (Esso to us) for its climate policy. The shareholders were forced to withdraw the filings and were pursued by Exxon after withdrawal with civil action. Marcie Frost of … Continue reading
Fortress BP – a British institution pulls up the drawbridge on its pensioners
I am sorry to hear from the BP Pensioners Group that BP has been less than transparent in its dealings with its pensioners. Reports from the meeting tell of the BPPG’s questions being deemed “not relevant to the AGM“. While … Continue reading