The government-backed “unfunded” public sector schemes transfer out is legally blocked
• NHS Pension Scheme
• Teachers’ Pension Scheme
• Civil Service Pension Scheme
• Armed Forces Pension Scheme
• Police Pension Scheme
• Firefighters’ Pension Scheme
• UK State Pension (cannot be transferred under any circumstances)
Also Cannot Be Transferred:
• Any pension where you have already drawn 25% tax free lumpsum or purchased an annuity
1. Confirm the Indian plan is QROPS listed and obtain its QROPS reference number.2. Complete the receiving scheme administrator form so the Indian plan is in place.3. Collect the IRDAI certificate, HMRC QROPS certificate and plan brochure.4. Submit the member form to your UK provider. This starts the 60-day APSS263 clock.5. Return APSS263 and the […]
A UK pension transfer to India (a QROPS transfer) requires four application forms. The member form, the transfer-out form, HMRC form APSS263 and the receiving scheme administrator form. Along with these four forms, you need four supporting documents: the IRDAI certificate for the QROPS compliant Indian pension plan, the HMRC QROPS certificate for that plan, […]
Client Profile Mr. Ram aged 40 held a UK pension fund worth approximately ₹45 lakhs with LifeSight, a UK workplace pension provider. The Situation Mr. Ram reached out to QROPS Direct three months before his planned relocation from the UK to India. At this early stage, we advised him that the formal transfer process could […]
