Why HSBC Life?

Why HSBC Life?

What we do

With our quality products, we aim to make it easy and efficient for you to address your clients’ investment needs.

1

Our Financial Strength

You already know HSBC is one of the world’s largest banking and financial services organisations. But did you know that HSBC Life (UK) Limited has been committed to working with financial advisers for over 30 years to support them in building more business?

2

Easy to do Business with

We offer advisers support to develop their financial planning and investment business. This includes access to our dedicated Business Development and Adviser Support Teams, the HSBC Life Portal – and great value for money products.

3

Award winning product

HSBC Life’s Onshore Investment Bond product Select and three out of the four* platform versions have a 2023 Defaqto 5 Star Rating and a Defaqto Gold Service rating – for the fourth consecutive year. In April 2024**, Defaqto awarded the HSBC Life Onshore Investment Bond first place for product design and management.

Source:Defaqto *Platform versions with 5 star ratings: M&G Wealth, Succession/Openwork and Fusion Wealth. 4 star ratings: True Potential.

**Extract from Defaqto Investment Bond Review April 2024

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There are lots of great reasons to choose the HSBC Life Onshore Investment Bond:

  • Open Architecture
  • Award-winning
  • Investment Wrapper Comparison Tool
  • Inheritance Tax calculator
  • Product options – off or on platform
  • Multiple lives assured
  • Trust choice & Technical expertise
  • No maximum age
  • Accidental Death Benefit
  • Tax advantages
  • Simple administration
  • Multiple policy and income options
  • Option for limited companies to invest
  • HSBC Brand

Awards and recognition

HSBC Life’s Onshore Investment Bond product Select, and three out of the four* platform versions have a 2025 Defaqto 5 Star Rating and a Defaqto Gold Service rating for the sixth consecutive year.

**Defaqto independently rates products across more than 60 categories, and a product with a 5-star rating is considered by Defaqto to be an ‘excellent product with a comprehensive range of features and benefits.

Source:Defaqto *Platform versions with 5 star ratings: M&G Wealth, Succession/Openwork and Fusion Wealth. 4 star ratings: True Potential. 

**Extract from Defaqto Investment Bond Review April 2024 

What Advisers say

Lee Robertson, OCTO

“The HSBC Life Onshore Bond is a very strong addition to the planning opportunities for financial advisers, delivering tax efficient advice to their clients. Additionally, the superb technical support means advisers are very well catered for in terms of taxation, technical and scenario planning.”

Paul Eason, RMI

“Since investment bonds are highly relevant to clients due to recent tax changes, our contact at HSBC has been instrumental in supporting our team with regular updates, assistance on complex cases and technical guidance. The products and servicing are first rate and we feel well looked after.”

Our approach to sustainability and responsibility

HSBC Life (UK) Limited – our approach to considering sustainability risks and impacts of investment decisions environmental, social and governance (ESG) matters.

HSBC Life Onshore Investment Bond

As a manufacturer of the HSBC Life Onshore Investment Bond, HSBC Life (UK) Limited (HSBC Life) is not directly involved in making investment decisions including considering ESG factors.

The HSBC Life Onshore Investment Bond has an ‘open architecture’ structure, which enables clients to invest a lump sum in a professionally managed portfolio of collective investment schemes (such as open-ended investment companies and unit trusts) available from a variety of fund management companies.  We make ESG funds accessible via the HSBC Life Onshore Investment Bond and Financial Advisers have the ability to select these ESG funds as part of the recommended investment strategy to their clients.

 

HSBC Life makes no assessment on the  funds selected. The Fund Managers of the chosen underlying funds assess and evaluate the risks and associated impacts of ESG policies, as well as the ongoing monitoring during the time the fund is included within the HSBC Life Onshore Investment Bond.

 

HSBC Life Funds*

HSBC Asset Management (UK) Limited manage these funds on behalf of HSBC Life.

We continue to embed our Global Insurance Sustainability procedures, which incorporates ESG considerations into our investment governance and processes. This policy includes restricting certain investments that may have a high adverse impact on society and the environment in line with HSBC’s sustainability risk policies and HSBC’s ambition to align their financed emissions to net zero by 2050 or sooner.

HSBC Asset Management (UK) Limited are signatories to Principles of the Responsible Investment and the Montreal Carbon Pledge. They have ESG responsible investing and investment stewardship practices in place, which can be found at:
www.assetmanagement.hsbc.co.uk/en/institutional-investor/about-us/responsible-investing

www.assetmanagement.hsbc.co.uk/en/institutional-investor/about-us/responsible-investing/stewardship

*HSBC life funds are not available in the HSBC Life Onshore Investment Bond. Instead they were fund options within a range of older savings and investment products that are no longer open to new business.

Doing Business

We work hard to make it easy for you to support your clients and their families and their businesses.

Technical Centre

Get technical details about the Bond, Trusts and tax treatment.

Tools and literature

Explore our tools and literature, designed to support your conversations with clients about their needs.

Learning and Insights

Take a look at our latest reports and tools to assist your advice process and Continuous Professional Development.