Welcome to the Group Self Invested Personal Pension section (GSIPP), which has been set up for employees of HSBC.
The GSIPP enables you to choose from a wide range of pension, mutual and insured funds. Or you can find your own opportunities in stocks and shares, commercial property and bonds, for example Shares in HSBC [from your employer] from a maturing share scheme.
You can change your investment decisions at any time and you can choose how your dependants will benefit in the event of your death. When taking your benefits, you can vary the amount and frequency. The level of benefits you can take from your GSIPP will depend on several factors, including the performance of your investments.
The value of your investments may go down as well as up. Please note that additional terms and conditions and charges may apply to a GSIPP.
It is recommended that you seek financial advice before you consider investing in a GSIPP.
For additional details of the pension plan and information on how to join, please email firstname.lastname@example.org.