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HSBC launches personal pension based on multi-manager portfolios

HSBC has launched a personal pension based on its multi-manager, multi-asset class and world selection portfolios.

HSBC world selection launched in January 2009 and offers access to globally-diverse, multi-manager, multi-asset portfolios.

The pension is available through HSBC financial planners in branches.

The pension allows customers to manage their contributions online and helps them track what their retirement income will look like.

HSBC head of investments, pensions & savings David Wells says: “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 £140m invested, demonstrating how important it is to customers to have a global team of experts monitoring and managing their money.”


Consortium turns up the heat on risk

The Consulting Consortium has set up a web-based Risk Frameworker tool to allow firms to self-assess their internal risk management systems and controls.

First stage of Credit Suisse acquisition complete

Aberdeen has completed the acquisition of Credit Suisse’s Asia Pacific ex Japan business. The deal is the first stage in Aberdeen’s acquisition of certain fund management assets and businesses from Credit Suisse.The first closing was satisfied through the issuance of 32,526,196 Aberdeen new ordinary shares to Credit Suisse. As at March 31, 2009, the Asia […]


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