PARLIAMENTARY WRITTEN QUESTION
HSBC: Workplace Pensions (18 October 2024)

Question Asked

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.

Asked by:
James MacCleary (Liberal Democrat)

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.


Answered by:
Emma Reynolds (Labour)
29 October 2024

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