Consider the following: you have an issue with your credit card and have called your bank about ten times, every time the person who answers finds a reason to transfer you to a different department or promises the issue will get resolved but it doesn’t. On the 11th call, however, you get through to a genuine customer service executive who goes out of his way to solve your problem and even apologizes for the previous 10 unsuccessful attempts even though there’s no fault of his there. Calling a customer service center nowadays is often like playing a game of roulette at the casino. If you actually do get through the complex maze of IVRs and manage to speak to a real person, it’s still about a 1 in 10 chance that they will be experienced and know what they’re talking about.
To put it plainly, large organizations like banks and insurance companies have one focus and that’s their bottom line. While almost all of them claim to be dedicated to providing the best possible customer experience, that doesn’t involve hiring experienced personnel to deal with regular customers. In fact, it’s more often than not that the most experienced agents are busy dealing with premium accounts where each transaction has at least 6 zeros after it while the regular customers are serviced with chatbots, IVR’s, template style emails, and freshers who have no idea what they are talking about. If you’ve lived and worked in the UK and have since moved to India, would you play roulette with your pension account? If you want to transfer your pension to India through QROPS, choose someone with a proven track record.
Unlike the banks and insurance companies where you need to call back ten times and each time explain your problem to a new person in the hope that they will solve your problem, we provide you with individual financial advisors to guide you every step of the way. Not only do we encourage people to transfer their pensions from the UK to India due to the rising Indian economy, but we do it in a matter of 30 days.
Why do I need to transfer my pension fund to India and what are the benefits?
Not only is it a lot easier to keep track of taxes and regulations locally, but transferring your pension to India helps avoid currency exchange complications while also making your pension fund a lot more accessible. The benefits include opportunities to invest in one of the world’s fastest-growing stock markets as well as in schemes with guaranteed interest rates of up to 10.5%.
Can I really invest my UK pension fund in Indian equities?
Our team at QROPS DIRECT have been helping people transfer their pensions from the UK to India since 2008, to the tune of over 2.5 billion INR. We have market-linked plans for people with a higher risk profile as well as non-market linked plans for the more cautious. You are also free to invest your pension in equities where returns aren’t guaranteed but there is no cap on rewards. Investors looking to invest through QROPS can invest in equity through pension plans, which are typically in the form of equity funds ( large cap, Flexi cap, prime Equity ) managed by insurance companies.
For further details, get in touch with our team of financial advisors at QROPS DIRECT.