# HSBC Bank UK Pension Scheme

HSBC Bank UK Pension Scheme is a Pension Fund based in London, United Kingdom.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** 8 Canada Square, London, United Kingdom
- **Founded:** 1865
- **Assets under management:** 35,043 (Altss estimate)
- **Website:** www.hsbc.com
- **LinkedIn:** https://uk.linkedin.com/company/hsbc

## Regulatory record

- **Reports private funds:** No

## About

HSBC Bank UK Pension Scheme began in 1950. It operates from London as a private sector pension fund. It covers HSBC Bank employees and certain other HSBC employees through a defined benefit scheme and a defined contribution scheme.

## Sectors

- Infrastructure
- Real Estate
- Renewable Energy
- Private Markets

## People

- Ruston Smith — Chair of the Trustee Board
- Russell Picot — Former Chair of the Trustee Board

## Questions

### Who runs investment decisions at HSBC Bank UK Pension Scheme?

The trustee board chaired by Ruston Smith sets investment policy. Day-to-day advice is provided by Lane Clark & Peacock and Willis Towers Watson. The board approves allocations and monitors external managers.

### Does HSBC Bank UK Pension Scheme participate in fund commitments or only direct deals?

The scheme uses both approaches. It holds fund interests such as the Threadneedle Pensions Property Fund and L&G Global Real Estate Fund. It also maintains direct ownership of UK commercial property through HSBC Bank Pension Trust (UK) Limited.

### What investment stages does HSBC Bank UK Pension Scheme typically target?

The scheme targets mature private equity strategies including buyout and secondaries. It also allocates to infrastructure and real estate assets that generate stable cash flows to match long-duration pension liabilities.

### How is HSBC Bank UK Pension Scheme related to HSBC Bank plc?

HSBC Bank plc is the principal employer and scheme sponsor. The bank provides ongoing contributions and stands behind the defined benefit liabilities. The pension scheme operates as a separate trust with its own trustee board.

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- [Commercial Bank of Dubai](https://altss.com/profile/commercial-bank-of-dubai)
- [Harris Fraser Family Office](https://altss.com/profile/harris-fraser-family-office)

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Last updated: 2026-07-08T20:48:41.365Z

Canonical page: https://altss.com/profile/hsbc-bank-uk-pension-scheme

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology