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A Qualifying Recognised Overseas Pension Scheme, or QROPS is an overseas pension scheme that meets certain requirements set by Her Majesty’s Revenue and Customs (HMRC)
If you have accumulated a pension pot in the UK and are looking for an option of investing it through a QROPS, we can help you achieve your retirement goals by facilitating your fund transfer through an insurer QROPS solutions.
What is QROPs?
A pension scheme which is administered outside the UK and is registered with HMRC (Her Majesty’s Revenue & Customs). QROPS facilitates easy and convenient pension fund transfer from the United Kingdom.
Why do you need QROPs?
You can opt for QROPS if you have accumulated a pension fund in the UK and wish to transfer the same to India, in a tax efficient1 retirement product registered as QROPS with HMRC.
How will QROPs help you?
Tax Efficient transfer of your pension pot accumulated in the UK to India
Provides steady income for you post retirement in India
Allows your funds with a growth opportunity in India