QROPS India Pension Schemes

What is a qualifying recognised overseas pension scheme ( QROPS )  http://www.hmrc.gov. uk/pensionschemes/transfer- overseas.htm To qualify as a  QROPS  the scheme must meet the requirements set by UK tax law. The pension scheme must notify HM Revenue & Customs (HMRC) and confirm that it meets the legal requirements. A  QROPS  must broadly mirror the way a UK pension scheme works - meaning you should still get a lump sum and pension when you retire. However, this is subject to any local law or taxes in the country where the  QROPS  is operating or the country where you're living. pls take note of the definition that I have highlighted in bold and red in the paragraph above. The link shared below where this is available: Conditions a scheme must meet to become a  QROPS     http://www.hmrc.gov. uk/pensionschemes/ qrops .htm The scheme must be set up outside the UK and not be a registered pension scheme. The scheme must meet a...

Have you returned to India and still have your NHS Pension? From 2015 you will no longer be able to transfer your NHS pension to a QROPS plan as a result of a UK government  ban on NHS pension transfers  – meaning you will have to wait until you are at least 60 before you can draw an income or take a tax free lump sum – as opposed to 50 under a QROPS pension. For a free consultation on how you can still transfer your NHS pension into a QROPS pension plan before the deadline expires, please  contact us  immediately. About the Blogger :  J. N. Yuvaraj is a Personal Financial Planner specialized in Financial Planning certified by IRDA (Insurance), AMFI ( Mutual Funds), CIEL (Wealth Management) & FChFP (Asia Pacific Financial Services Association). He has worked with Leading MNC Banks and Financial  Institutions. He is associated with all the Investment Companies in India. He is an active Member of Junior Chambers International & Human ...

PensionFund Transfer to INDIA from UK - QROPS's Summary QROPS PENSION FUND TRANSFER is a company to company transfer under the strict regulations of HMRC, UK.  Transfer your UK Pension to QROPS Anyone who has worked in the UK and now have moved to India or any other country can transfer their UK Pension funds to QROPS (Qualifying Recognized Overseas Pension Scheme).  What are the advantages of doing a QROPS.  No UK Tax liability.  Early retirement i.e. before 60 years.  Full Pension for Spouse and Capital Refund for Children/Nominee.  No inheritance tax/death tax of 55%.  Indian QROPS :- HDFC Life Immediate Annuity Plan. ICICI Prudential Immediate Annuity Plan, SBI Life – Annuity Plus.ING Vysya – Golden Years Retirement Plan.  WE ARE PROUD TO ANNOUNCE THAT, NOW WE ARE EXPANDING OUR SERVICES FOR UK NHS PENSION TRANSFERS IN TO OFFSHORE PENSION FUNDS IN GIBRALTAR, MALTA & ISLE OF MAN. OFFSHORE PENSION FUNDS ARE TAX EFFICIENT & CLIENT CAN CHOOSE THE CURRENCY...

WE ARE PROUD TO ANNOUNCE THAT, NOW WE ARE EXPANDING OUR SERVICES FOR UK NHS PENSION TRANSFERS IN TO OFFSHORE PENSION FUNDS IN GIBRALTAR, MALTA & ISLE OF MAN. OFFSHORE PENSION FUNDS ARE TAX EFFICIENT & CLIENT CAN CHOOSE THE CURRENCY DENOMINATIONS EXAMPLE -  DOLLARS, EUROS, POUNDS & YEN. CLIENT CAN CHOOSE THE MARKET IN THE WORLD WHERE THEY WANT TO INVEST, NO NEED TO RESTRICT WITH ONE COUNTRY. WE CAN DIVERSIFY YOUR INVESTMENTS ACROSS THE GLOBE. 1000 OF FUND OPTIONS. THE PROCESS IS VERY TRANSPARENT IN NATURE, WE WILL UPDATE YOU ON EACH & EVERY DEVELOPMENTS ON YOUR PENSION TRANSFER. FOR FREE ESTIMATION OF YOUR NHS PENSION POT &  QUICK TRANSFER OF YOUR NHS PENSION FUND IN TO QROPS , PLEASE CALL US. OUR SERVICES IS ALL OVER THE WORLD. OUR CLIENTS ARE SPREAD ACROSS THE GLOBE, UK, SCOTLAND AUSTRALIA, SINGAPORE, UAE, INDIA.   About the Blogger :  J. N. Yuvaraj is a Personal Financial Planner specialized in Financial Plann...