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Important pension tax changes from 6 April 2023
The Chancellor’s March 2023 budget included some important changes to pensions tax which took effect from 6 April 2023. These relate to the Lifetime Allowance (LTA), the Annual Allowance (AA) and the Money Purchase Annual Allowance (MPAA).
Scheme Communications
Please note that the Scheme Trustee uses external suppliers to deliver some member communications.
Latest financial result is now available…
If you have defined benefits in the Scheme, you will want to know that they can be paid as and when they are due.
Notice to Members – change to Trustee Board
The Trustee of the HSBC Bank (UK) Pension Scheme (the Scheme) invited applications from members who were interested in joining the Trustee Board as a Member-Nominated Trustee Director.