BP Pensioner Group launches legal process against BP Pension Fund

Group commences legal challenge over 11% reduction in value of members’ pensions

Martin Richmond
clock • 3 min read
BP Pensioner Group launches legal process against BP Pension Fund

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

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Martin Richmond
Author spotlight

Martin Richmond

Senior Correspondent at Professional Pensions

More on Industry

UK Pensions Awards 2026: Enter now!

UK Pensions Awards 2026: Enter now!

This year’s awards will be held on 11 June at The Brewery in London

Professional Pensions
clock 07 January 2026 • 3 min read
News Digest: Pensions not a 'plaything' in domestic investment drive, governments warned

News Digest: Pensions not a 'plaything' in domestic investment drive, governments warned

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 07 January 2026 • 1 min read
Buzz: Do you plan to increase your investments in private markets this year?

Buzz: Do you plan to increase your investments in private markets this year?

Private markets investment, member interest in pensions and 2026 PRT buy-in volumes

Professional Pensions
clock 05 January 2026 • 1 min read
Trustpilot