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Thread: Hello everyone!

  1. #1
    NewBie
    Join Date
    Nov 2013
    Location
    Madrid
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    Default Hello everyone!

    Hi everyone, my name is Andrew and, as my username suggests, I am a specialist in QROPS pensions transfers.

    I actually originally from the UK, and advise clients all over the world in relation to transferring their UK pension into a QROPS.

    The main reason that I have joined Policy Wala is to get a better understanding of the Indian insurance market, and in particular the QROPS market.

    Over the past two years, I have helped an increasing number of returning NRI's and resident Indian clients to understand the different options open to them when it comes to transferring their UK pension into a QROPS.

    In this respect, I hope to be able to offer a different perspective to the QROPS market for members of Policy Wala. Whilst traditionally returning NRI's have looked to local companies such as LIC, ING Vysya, etc, there are also schemes based in other countries which may be more suitable, depending on the individual client's circumstances and requirements.

    I hope to be active on this forum, answering questions on QROPS, and asking lots of questions about the Indian market.


  2. #2
    Super Moderator PolicyWala's Avatar
    Join Date
    Feb 2009
    Location
    New Delhi
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    670

    Default

    Hello Andrew,

    Welcome to policywala!

    there are also schemes based in other countries which may be more suitable, depending on the individual client's circumstances and requirements
    As far as I am aware that you have to buy the insurance policy from the countries you are returning in (eg. Indian companies for NRIs).

  3. #3
    NewBie
    Join Date
    Nov 2013
    Location
    Madrid
    Posts
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    Default

    Quote Originally Posted by PolicyWala View Post
    Hello Andrew,

    Welcome to policywala!



    As far as I am aware that you have to buy the insurance policy from the countries you are returning in (eg. Indian companies for NRIs).
    Hi,

    Thanks for the welcome, and apologies for the delay in responding to your query.

    It is a popular misconception that Indian residents must transfer their UK pension into a QROPS scheme which is based in India. This is simply not true. The QROPS regime is governed by UK law, and the rules clearly state that you can transfer your UK pension into any QROPS scheme which appears on the HMRC list of approved QROPS schemes.

    Feel free to let me know if you have any other questions.

    Andrew

  4. #4
    Banned
    Join Date
    May 2014
    Location
    India
    Posts
    5

    Default

    Hi Andrew. You are welcome to policywala.com

  5. #5
    NewBie
    Join Date
    May 2012
    Location
    Delhi
    Posts
    19

    Default

    Welcome to the community Andrew, you are on the right place Policywala is the best place to understand the Indian insurance market.

  6. #6
    NewBie
    Join Date
    Mar 2015
    Location
    Delhi
    Posts
    1

    Default

    Hey all this is Anderio i am new on this forum. I am doing studies with my part time job.

  7. #7
    NewBie
    Join Date
    Sep 2019
    Location
    India
    Posts
    1

    Default

    Hi, Everyone derick here i am here to gain knowledge as well to share my experience. Hope together will build our experience of life.


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