Oil price falls will have a significant impact on scheme liabilities
UK/GLOBAL - BP directors will face "testing questions" from schemes in the wake of the firm's decision to suspend dividends for the remainder of the year, the National Association of Pension Funds said.
GLOBAL - BP will not pay dividends for the remainder of the year as it has to put us$20bn in a compensation fund for victims of the Gulf oil spill.
BP directors will face "testing questions" from schemes in the wake of the firm's decision to suspend dividends for the remainder of the year, the National Association of Pension Funds says.