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Yes, transfers can be made from The Peoples Pension to a Qualifying Recognised Overseas Pension Scheme (QROPS) at your request.
For a period of 10 years after a transfer completes, QROPS providers must report any unauthorised withdrawals from your pension to HMRC this means if you take benefits from your QROPS before age 55, you could still face a 55% tax charge for doing so.
A Qualified Recognised Overseas Pension Scheme (QROPS) is a pension scheme designed to work outside the UK. It allows you to transfer your UK-registered pension scheme to an Indian provider without paying UK tax charges. HMRC must approve every QROPS, and they publish a list of eligible schemes twice a month.
If you return to the UK within 5 years You may have to pay tax on certain income or gains made while you were non-resident. This doesnt include wages or other employment income.
The overseas transfer charge is due when the transfer is made. The charge is 25% of the transfer value.
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As detailed above, currently when a members benefits or rights are transferred to a qualifying recognised overseas pension scheme (QROPS) their pension funds are tested against the available Lifetime Allowance (BCE8) and an LTA charge of 25% is applied on any excess, if the transfer value is below the available LTA
Simply put, QROPS enables you to get your UK pension transferred to India. The UK Registered Pension Scheme entitles the expats to get annuity benefits in their new country of residence. Alternatively, QROPS allows people to enjoy annuity benefits back in India in a tax-effective manner.
Almost all pension transfers from overseas pension schemes to UK registered pension schemes are allowable and treated in a similar way to recognised transfers. However, a registered pension scheme isnt obliged to accept the transfer. Overseas transfers into registered pension schemes arent recognised transfers.

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