Pensions minister to investigate BP Pension Fund dispute

Minister says investigation will look to see if regulation is ‘working as intended’

Martin Richmond
clock • 2 min read
Pensions minister Paul Maynard
Image:

Pensions minister Paul Maynard

Pensions minister Paul Maynard has announced his intention to investigate the ongoing dispute between the BP Pensioner Group and the BP Pension Fund.

In a parliamentary debate held in Westminster Hall yesterday (17 January), MP for Orkney and Shetland Alistair Carmichael briefed Maynard on the dispute and accused BP of "dealing from the bottom o...

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

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