What is QROPS?

QROPS is an overseas pension scheme accepted and listed by the Her Majesty’s Revenue and Customs (HMRC), UK to receive transfers of UK pension benefits without incurring an unauthorised payment and scheme sanction charge.

Exide Life Golden Years Retirement Plan is one of the popular QROPS in India, as the amounts are invested in a Capital Guaranteed Plan where the accumulated fund each year is the Guaranteed Capital.

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