HSBC: Workplace Pensions
Commons · Question 10011 · Tabled 18 Oct 2024 · Department for Work and Pensions · Official record
Answered 29 Oct 2024
Question
Asked by James MacCleary
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.
Answer
Answered by Emma Reynolds, 29 Oct 2024
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.