The BP Pensioner Group has confirmed it has begun a legal process against the directors of the BP Pension Fund in relation to a reduction in the value of members’ pensions.
The group, which is comprised of approximately 2,500 members, said it had sent confidential legal letters to senior members of BP management and directors of the BP Pension Fund Trustee in a disput...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date