HSBC launches World Selection Personal Pension

HSBC has launched a flexible and straightforward Personal Pension Plan based on its innovative and globally diverse multi-manager, multi-asset class World Selection portfolios.

The new Personal Pension, which is provided by HSBC Insurance UK, offers pension customers the means to invest in these portfolios and combine a tax-efficient wrapper with a more stable investment, helping customers prepare for their retirement.

HSBC World Selection launched in January of this year, offering access to globally-diverse, multimanager, multi-asset portfolios. The new Personal Pension, which is provided by HSBC Insurance UK, offers customers the means to invest in these portfolios within a pension plan - combining a tax-efficient wrapper with a more stable investment, helping customers prepare for their retirement.

David Wells, Head of Investments, Pensions & Savings at HSBC, said: "Customers have consistently told us they don't want the roller-coaster ride of volatile investments, but they do want the ability to share in global growth opportunities. The World Selection portfolios already have over £140 million invested, demonstrating how important it is to customers to have a global team of experts monitoring and managing their money. We are very pleased that our customers can now take advantage of this superior investment proposition for their retirement needs."

The HSBC World Selection Personal Pension also helps customers to track and influence what their retirement income may look like - online servicing allows customers to view the size of their pension fund and proactively manage their contributions. In addition, the pension allows employer contributions and lump sum payments, so that customers can maximise their retirement income.

Each portfolio in the World Selection range harnesses the expertise of what HSBC considers to be among the best fund managers across the globe. This dedicated, global team of experts monitor the markets around the world, around the clock, with the aim of delivering consistent returns over the long term.

The World Selection Personal Pension is available through HSBC Financial Planning Managers in branches. More information can be found at hsbc.co.uk