If your pension is a private or workplace pension (defined contribution or defined benefit) you have the legal right to transfer it to an HMRC-approved QROPS in India. Here are the 20+ major UK providers we regularly work with:
UK Pension Providers That Allow QROPS Transfer to India
1. Standard Life – One of the most common workplace pension providers. Transfers accepted.
2. Aviva -Large personal and workplace pension provider. DC pensions transferable.
3. Scottish Widows-Transfers processed smoothly.
4. Royal London – Personal and workplace pensions transferable.
5. Legal & General – Major workplace pension scheme. Transfers permitted.
6. Aegon – Personal and group personal pensions eligible.
7. Fidelity – Workplace and SIPP pensions transferable.
8. Hargreaves Lansdown – SIPP holders can initiate QROPS transfer.
9. The People’s Pension – Auto-enrolment workplace scheme. Transfers allowed.
10. NEST (National Employment Savings Trust) – Workplace pension. Transfers out permitted.
11. Zurich – Personal and corporate pensions. QROPS transfers accepted.
12. Phoenix Group (formerly Friends Provident & ReAssure) – Legacy pension books transferable.
13. ReAssure (now under Phoenix) – Older workplace and personal pensions eligible.
14. Prudential / M&G – Long-standing pension provider. Transfers processed.
15. NOW: Pensions – Auto-enrolment scheme. Transfers out allowed.
16. Nest Insight / Smart Pension – Workplace DC pensions transferable.
17. Mercer – Corporate pension administrator. Transfers case-by-case with employer consent.
18. Clerical Medical (now part of Scottish Widows/Lloyds) – Legacy policies transferable.
19. Sun Life Financial of New York / Canada Life – UK pension policies eligible.
20. Vitality – Newer pension provider. QROPS transfers permitted.
21. True Potential – Personal pensions eligible for transfer out.
22. HSBC – Personal and group pensions. QROPS transfers allowed.
