How much will the advice cost?
The advice cost will vary depending on the amount of the investment and potentially the term to your chosen retirement date. Based on a 40-year old contributing £100 gross each month until retirement at the age of 60, HSBC Bank plc would expect to receive £307.47 once the contract starts. This will cover the sales costs incurred in setting up your plan. These costs of paying commission is included within the Total Annual Charge described above. If a personal illustration accompanies the Key Features document it will show the exact cost of providing advice on your plan. Alternatively, the cost of advice will be provided with the Key Features on joining the plan.