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SPY’s enjoyable retirement
Plan early for a carefree retirement! SPY, the cute corgi of Uncle Siu, is here to demonstrate ways to achieve a perfect retirement plan! Join HSBC’s Qualifying Deferred Annuity Plan while working to accumulate considerable savings, so you can enjoy a stable income as well as life insurance after retirement. Click here to learn more and see what he has to say!
Save more and retire well
Promise yourself a prosperous retirement with guaranteed monthly annuity payments
HSBC Early Income Deferred Annuity Plan
Life insurance that enables you to pay in to your early retirement plan for a short period when your earning power is at its peak.
HSBC Income Goal Deferred Annuity Plan
Helps you accumulate your savings, provides life protection and creates a steady stream of income for the future.
The above supplementary benefit and annuity plan are long term life insurance plans underwritten by HSBC Life (International) Limited (“HSBC Life”). They are not equivalent or similar to any kind of deposit. If the policyholder discontinues and / or surrenders the insurance plan in the early policy years, the amount of the benefit he / she will get back may be considerably less than the amount of the premium he / she has paid.
Policyholders are subject to the credit risk of HSBC Life. Your premiums paid will form part of HSBC Life's assets. You do not have any rights or ownership over any of those assets. Your recourse is against HSBC Life only. This product is a product of HSBC Life but not The Hongkong and Shanghai Banking Corporation Limited (“HSBC”) and it is intended only for sale in the Hong Kong SAR.
All information shown in this video is for general reference only. The qualifying deferred annuity policies (“QDAPs”) mentioned in this video are life insurance plans with a savings element underwritten by HSBC Life (International) Limited (“HSBC Life”) and are not equivalent or similar to any kind of deposit. You are subject to the credit risk of HSBC Life. If the policy is surrendered early, the amount to be received by the policyholder may be considerably less than the total premiums paid. The QDAPs mentioned in this video offer are features certified by the Insurance Authority (“IA”) to be compliant2 with its GL19 - Guideline on Qualifying Deferred Annuity Policies. Nonetheless, certification by the IA does not imply official recommendation nor does it guarantee you will be eligible for a tax deduction on the premium paid under QDAP in any year of assessment. Whether a tax deduction is allowable for all or any part of qualifying annuity premiums paid shall be subject to your individual circumstances (as a taxpayer), the provisions of the Inland Revenue Ordinance (Cap. 112 of the Laws of the Hong Kong SAR) and the Inland Revenue Department's discretion. You are reminded to refer to the website of the Inland Revenue Department for details, or to contact them directly for any tax related enquiries.
This video provides general information issued from publicly available sources in the Hong Kong SAR. It is not intended to provide any form of tax advice. HSBC Life or The Hongkong and Shanghai Banking Corporation Limited (“HSBC”) does not provide tax advice. You are advised to seek independent tax advice if in doubt.
Please note that the tax law, regulations and/or interpretations are subject to change and may affect any related tax benefits including the eligibility criteria for tax deductions. HSBC Life or HSBC is not responsible for informing you about any changes in laws, regulations and/or interpretations, and how they may affect you. Further information regarding tax concessions applicable to Qualifying Deferred Annuity Policies may be found at the website of the Insurance Authority: www.ia.org.hk.
The information shown in this video is for general reference only and is not intended to constitute a recommendation or advice to any person or to be as basis for any financial decision. Any person should not act on any information in the video without seeking professional advice.
The information contained in this video does not constitute an offer for the purchase or sale of any banking or insurance products or services. Products and services are subject to an individual’s needs. Contact your financial planner to review your financial needs and risk acceptance level.
This video should not be reproduced or further distributed to any person or entities, whether in whole or in part, for any purpose.
HSBC Life has based this video on information obtained from sources it believes to be reliable, but which it has not independently verified. HSBC Life or HSBC make no guarantees, representations or warranties and accept no responsibility or liability as to its accuracy or completeness. Information in this video is subject to change without notice.
HSBC Life is authorised and regulated by the IA to carry on long-term insurance business in the Hong Kong SAR. HSBC Life is incorporated in Bermuda with limited liability, and is one of the HSBC Group‘s insurance underwriting subsidiaries. Insurance products provided by HSBC Life are only intended for sale through HSBC in the Hong Kong SAR. For monetary disputes arising between HSBC and you out of the selling process or processing of the related transaction, HSBC will enter into a Financial Dispute Resolution Scheme process with you; however any dispute over the contractual terms of the product should be resolved between HSBC Life and you directly.
All the information in the video is updated as of April 2019
Issued by HSBC Life (International) Limited
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