Please remember that the value of investments, and any income received from them can fall as well as rise, is not guaranteed and you may not get back the amount you invested. We always recommend that any Investments held should be viewed as a medium to long-term investment, at least five years.
This could also happen as a result of changes in currency exchange rates, particularly where overseas securities are held or where investments are converted from one currency to another.
Any tax information on this page is based on our understanding of current and proposed legislation and practice. The legislation and practice may be subject to change. The contents of this email should not be relied upon as tax advice and HSBC are not responsible for any use made of it. Whilst banking offshore may have tax benefits for you, tax rules differ from country to country. If you are unsure about your personal tax obligations, you should seek professional advice. It is your responsibility to disclose your income to the tax authorities.
For UK pensions, pensions may not be accessible until you take your retirement benefits.