Step by Step QROPS Transfer Guide

Step 1: Obtain a transfer value for your UK Pension (check with your Annual Pension statement or ask your financial advisor).

Step 2: Discuss and Identify the target Indian Pension Scheme (Check and verify that it is registered with HMRC).

Step 3: Contact your UK Pension house to get the pension transfer documents (Outside UK).

Step 4: Complete the transfer paperwork.

Step 5: Contact the respective Life Insurance Company and send the pension transfer documents to them.

Step 6: Life Insurance Company shall send you the completed documents back to you in UK.

Step 7: Once you receive the documents, you would need to submit it with the UK Pension house, who shall do a check to ensure that all is rightly filled.

Step 8: Once all in place, your UK Pension shall be closed and funds shall be sent via Wire Transfer to your Life Insurance Company.

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