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Remuneration policy and sustainability risks

HSBC Life (UK) Limited adheres to the HSBC Group Remuneration Policy. HSBC Life (UK) Limited is committed to reward competitively the achievement of long-term sustainable performance, and attract and motivate the very best people who are committed to maintaining a long-term career with HSBC, while at the same time acting in the best interest of our customers.

Annual awards are made to drive a performance-based culture. These are based on annual financial and non-financial measures consistent with the medium to long-term strategy of the Bank, shareholder interests and adherence to HSBC values.

A mandatory global risk objective is included in the scorecard of all other employees. All employees receive a behaviour rating as well as a performance rating, which ensures performance is assessed not only on what is achieved but also on how it is achieved.