When organizations hire candidates, they believe past behavior to be the best predictor of future performance. This is why you very rarely see the top positions in organizations being offered to freshers because there is no records or history to assess them by. That being said, however, multinational organizations like banks and investment firms have no qualms hiring inexperienced workers to handle their regular customer’s accounts. This is because the accounts are too many in number for experienced personnel, and hence the solutions they offer have to be mass produced templates that can be copied and pasted by anyone who knows how to use a computer. If you’ve lived and worked in the UK, have since moved to India, and are considering transferring your pension here, look for someone with a track record that can be assessed.
The American author and orator, John C Maxwell, was quoted stating, “a proven leader always has a proven track record.” Unlike the multinational organizations that save their best advisors for their elite customers, we believe every account, no matter how small, deserves the attention of our best financial advisors. Additionally, with a proven 16 year track record transferring pensions from the UK to India to the tune of over 2.5 billion INR, you can count on us to cross all our t’s and dot all our i’s. While you may be tempted to think it would be easier to just deal with your bank or directly in insurance companies, try calling your bank for something and see how long it takes to get a human on the phone. Interestingly enough, we are the only ones who acknowledge that all the pension schemes listed on the HMRC (Her Majesty’s Revenue and Customs) website are not approved pension schemes.
While there is a list of pension schemes listed on the HMRC website, what most agencies don’t tell you is that the site clearly states that it is our responsibility to check that all parameters of the scheme we choose match with the HMRC requirements and guidelines. This is why it is important to have experienced qrops advisors, especially since we are talking about a retirement fund which most people have worked their entire lives for.
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%.
How difficult is it to transfer a UK Pension fund to India?
The problem that a lot of people face while attempting this transfer themselves is a lack of information and stringent-guidelines by Her Majesty’s Revenue and Customs. That being said, QROPS DIRECT has been helping people transfer their pensions to India, quickly and efficiently since 2008, and to the tune of over 2.5 billion INR.
How long does it take?
While most websites and “agencies” claim it can take up to six months to complete the transfer, at QROPS DIRECT we can get the job done in a matter of 30 days.
For further details, get in touch with our team of financial advisors at QROPS DIRECT where we have been helping people transfer their pensions from the UK to India since 2008 and to the tune of over 2.5 billion INR.