This information is not to be construed as investment advice. The Plan invests in HLM Funds and offers no capital protection or guarantees of performance. The value of the investment can go down as well as up and capital is at risk. Past performance is not a guarantee for future performance. Currency fluctuations may affect the value of the investment.
The Plan is designed as a savings plan for retirement purposes and an early surrender of the Plan is not allowed.
The Employee Pension Plan is a Registered as a Qualifying Scheme in terms of the Voluntary Occupational Pension Scheme Rules (LN 228 of 2017) with the Office of the Commissioner for Revenue to enable tax concessions on employee and employer contributions and cannot be surrendered or withdrawn prior to the benefit stage. Benefits from the Employee Pension Plan cannot be accessed prior to the policyholder reaching the age of 61 and subject to that the policy has been in place for at least 10 years.
It is important that you read this information in conjunction with the Brochure, Key Features Document, Policy Terms & Conditions, Proposal Form and the Policy Schedule. Further information including the general risk factors of each underlying fund can be found in the prospectus andthe Key Information Document, which can be obtained through this website or upon request, free of charge, from HSBC Life Assurance (Malta) Ltd. or HSBC Bank Malta p.l.c..
The Employee Pension Plan is manufactured by HSBC Life Assurance (Malta) Ltd. The Plan is distributed to investors in Malta through HSBC Bank Malta p.l.c.
Approved and issued by HSBC Bank Malta p.l.c, (116, Archbishop Street, Valletta VLT 1444). HSBC is a public limited company regulated by the Malta Financial Services Authority and licensed to carry out the business of banking in terms of the Banking Act (Cap.371 of the Laws of Malta). HSBC is licensed to conduct investment services in terms of the Investment Services Act (Cap.370. of the Laws of Malta) and is enrolled as a Tied Insurance Intermediary for HSBC Life Assurance (Malta) Ltd under the Insurance Distribution Act (Cap. 487 of the Laws of Malta).