Independent financial advice

Inheritance Tax Planning

Planning exactly how you want your estate distributed is important. By taking advantage of our Estate Planning service, we'll be able to help you ensure that your wealth is preserved, protected and passed on to your heirs while minimising your tax exposure. Because everyone's needs are different it makes sense to take advantage of the professional advice we can offer. We help you to:

• Define and achieve your objectives in the organisation of your estate
• Distribute your estate in the most tax efficient way
• Put your wishes in writing with our advice on Will writing and trusts

Pensions

Our team of advisors can offer a range of investments that are both tax – efficient and offer good growth potential. We'll help you select a suitable pension plan from across the market and advise you on how to maximise the gains from your contributions. As a Premier customer receiving independent financial advice, you'll have a choice of pension arrangements. We will help you to review any existing schemes and select the right plan for your pension.

Of course, we'll work closely with other HSBC Group companies to ensure your portfolio is run effectively and efficiently. In the right circumstances, you can benefit from switching your pension arrangements right up until retirement.

Wealth Management (if you have at least £2million to invest)

If you have investment requirements of more than £2million, HSBC Private Bank (UK) Limited offers a range of wealth management and investment advisory services.

As a private banking client, your relationship manager will develop a thorough understanding of your wealth needs and aspirations, and can create bespoke solutions, both local and international, to meet your objectives.

Investment Management Services

We help your money work harder, whether you're looking for capital growth, an income or both. The Investment Management Agreement for investments of £150,000 or more, offers a range of discretionary portfolios including a collection of equities, gilts, bonds and collective investments. Whichever portfolio you select, we will:

• Ensure that the investments selected are right for your attitude to risk
• Manage the portfolio on your behalf
• Provide regular reports to update you on our progress
• Use appropriate tax efficient allowances

If you have investment requirements of more than £2 million, we recommend you talk to HSBC Private Bank, who offer a range of wealth management and investment advisory services.

Trusts

A trust allows you to protect your wealth and provide financial security for your beneficiaries. It may also help to reduce your Inheritance Tax liability, whilst income within the trust may be taxed at lower rates. Other features are:

• You can still retain some control over the money by naming yourself as trustee
• The trustees are responsible for distributing the assets to the people you have designated and under the terms you have specified. It is therefore vital to choose both the right type of trust and the right trustees
• We'll help you decide which type of trust is right for your needs, and can also act as your professional trustee
• We'll take care of the whole range of trust administration including:
  - Managing the trust's assets and investments
  - Maintaining the trust's accounting records
  - Completing all tax returns and payments to your beneficiaries

Protection and Investments

To help you meet your investment and protection needs we can offer you a wide range of products specifically selected from across the financial services market. Our dedicated research teams enable us to search through the products of hundreds of companies in the marketplace so that our advisers can offer you the best products to meet your requirements.

We will also help you to review your existing products to ensure that they are still suitable.