Tag Archives: Shell

The scandal of our “DB capitulation” to “de-risking”.

Meg Baynes’ piece in the Times which I featured on this blog is beginning to get some traction around the world Astounding. I think because investment literacy is so low in the UK and saving-via-homebuying is so embedded, people don’t … Continue reading

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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

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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

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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

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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

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Shell’s failure to keep its pension promise appears in the public domain Paddy Briggs

  The senior management of Shell is used to dealing with criticism – enormous profits, high levels of remuneration for top executives and continuing criticism of their environmental record and plans come with the job. But this story on UK … Continue reading

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My ethics are my own

I appear to be under fire on twitter for claiming I am investing ethically by purchasing units in the LGIM FutureWorld fund. I am aware that this fund is not strictly an ethical fund and that my investment isn’t an … Continue reading

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The demise of Pan-European-Pensions

This blog was prompted by reports that Britain is fast withdrawing QROPS status to many of our European partners. A Qualifying Recognised Overseas Pension Scheme, or QROPS, is an overseas pension scheme that meets certain requirements set by Her Majesty’s … Continue reading

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How Shell announced the closure of its DB Scheme to members

UK Retirement Benefits Review – 2011                                                                                                       December 2011 This update is primarily aimed at employees of the Member Companies of the Shell Contributory Pension Fund (SCPF) and Shell Overseas Contributory Pension Fund (SOCPF) who are members of those funds or … Continue reading

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(S)hell’s well at Christmas

Popped into a Shell garage this morning – big sign tells me that I get 2 p off a litre if I buy a fourpack of Red Bull. I fancy giving a fourpack to my colleague and chum Peter Shellswell (real name) who survives on Morrisons own label energy drinks. … Continue reading

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