BP

The BP Pension Scheme has purchased a Worcester-based Sainsbury's supermarket store from M&G Investments in a deal worth £27.25m.

Insurance companies in the FTSE100 have some of the best defined benefit (DB) scheme funding levels as a result of Solvency II, research from JLT Employee Benefits (JLTEB) shows.

The BP Pension Fund will appoint RPMI's chief investment officer Keith Shepherd to its trustee executive team at the beginning of next year.

Trustee boards should not try to cut back on their advisers' fees as it is a false economy and affects goodwill, the head of BP Pension Trustees Limited says.

BP has agreed to make more than £1.4bn of additional contributions to its pension schemes over the next five years in a bid to wipe out its deficit by 2017.

Revisions to the accounting standard used for employee benefits have reduced BP's profits by more than $1.27bn (£830m) over the last 18 months, its interim results reveal.

UK pension schemes and asset managers are suing BP in the Texas courts for tens of millions of pounds over alleged fraud and negligence before and after the Deepwater Horizon oil spill.

UK pension funds should sue BP for billions of pounds in compensation through the Texas courts for negligence in the run-up to the Deepwater Horizon oil spill, a US law firm argues.

Andrew Short looks at why dividends could be making a comeback

Investors must ensure BP's "lessons have been learnt" from the Deepwater Horizon oil spill in the Gulf of Mexico last year, according to FairPensions.