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Tag Archives: BP
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
“For countless pensioners, BP will forever be known as ‘Broken Promises'”
Everyone gets to talk about pensions except pensioners. Many people will feel that the BP pensioners are impertinent in responding to a Government consultation on the use of pension surpluses. But this blog supports the calls on BP to keep … Continue reading
Anger at corporate scrooges grows
A pension is for life – not just for Christmas, but it would be well to think of the corporate misers who fail to share their windfall pension surpluses with staff as Scrooges. Patrick Hosking in the Times writes on … Continue reading
Posted in pensions
Tagged 3M, Amex, BP, Chevron, Goldman Sachs, Hewlett-Packard, pfizer, Shell
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BP silent as parliament speaks for their pensioners.
The BP pensioners are getting no response from BP and are asking “is this breaching BP’s Code of Conduct?” It has been argued on social media that the BP Pensioner Group should take BP and its pension trustees to court. … Continue reading