From your first day working with us, HSBC puts money into your DC pension pot. If you also contribute to your DC pension pot, HSBC will put in even more. It's quick and easy to change how much you're contributing and you can change your contributions once a month.
then 9% of anything over £26,400 up to the scheme earnings cap, currently £180,000.
HSBC pays the administration and investment management fees for the investment options currently available. However depending on the fund, there may be other investment costs which will be reflected in the price of the fund. These costs are variable and likely to be between nil and 0.2% pa.
7%
Review and change how much you’re contributing to make help ensure you’re on track for your desired income at your Target Retirement Age. You can change your contributions once a month, by selecting an anytime event through My Choice.
If you have lost track of any of your pensions, take a look at the Pay Your Pension Some Attention campaign https://www.pensionattention.co.uk/ to find out more.
If you're not on the HSBC network you can click here to access My Benefits. You'll need your username and password to log in. Once logged in click on the My Choice tab to adjust your pension contributions.
Whether you are about to take your Defined Contribution (DC) pension pot, or your retirement is a long way off, it’s worth understanding more about your benefit options.
