HSBC: Workplace Pensions

Summary

To ask the Secretary of State for Work and Pensions, what discussions she has had with HSBC on pension clawback policy; and if she will make representations to HSBC on reviewing that policy.

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Timeline

1. 18 October 2024

   Written question

   To ask the Secretary of State for Work and Pensions, what discussions she has had with HSBC on pension clawback policy; and if she will make representations to HSBC on reviewing that policy.

   Source: Commons

2. 29 October 2024

   Answer

   No discussions on this subject have taken place with HSBC. The design of a pension offered as part of an employer’s reward package is a matter for that employer, provided that it meets the relevant legal requirements.

   Source: Written answer

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Sponsors

• · Department for Work and Pensions · Answering body

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