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Explained in plain English

Are my pension funds invested in BP?

Many UK pension funds do invest in major companies like BP, as they aim for long-term growth. Your pension provider might hold shares directly or through investment funds. This means your savings could benefit from BP's strong profits, like the $8.46bn announced today, but also carry some risk.

Stories that explain this

BP Profits Nearly Quadruple to $8.46bn on Middle East War

Questions this opens up

How do I check my pension investments? Do all pensions invest in oil? What are ethical pension funds?

Related explainers

Will changing funds affect my returns? Can I change my pension investments? Who benefits from BP's profits? Who benefits from the price cap? How much tax does BP pay? How often does Ofgem change prices? How often does Ofgem update it? How is the price cap calculated?

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