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Explained in plain English

Can I change my pension investments?

Yes, you generally can change your pension investments. Most pension providers offer a range of funds, including options that focus on ethical or sustainable investments. If you're concerned about your pension's exposure to companies like BP, you can usually switch to different funds that align better with your values.

Stories that explain this

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

Questions this opens up

What are ethical investment funds? How do I switch pension funds? Will changing funds affect my returns?

Related explainers

How do I check my pension investments? Do all pensions invest in oil? Are my pension funds invested in BP? How often does Ofgem change prices? Who benefits from BP's profits? Who benefits from the price cap? How much tax does BP pay? How often does Ofgem update it?

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