Property News · October 28, 2017

Former HSBC employees fight clawback of pension income


Bank retirees can end up losing as much as £2,500 every year in a practice that’s legalHSBC announced profits of almost £8bn for the first half of 2017, so why is it penalising former employees by taking away some of their pension cash?That is what thousands of the bank’s former workers are asking after it emerged some are having as much as £2,500 a year – money they say is rightfully theirs – lopped off their company pension payouts. Continue reading…

Source : theguardian.com
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