Right time to transfer Pensions from UK to a QROPS in India

W.e.f October 2013, all the existing Life insurance company products, which  are not meeting the new IRDA guidelines will be withdrawn as on 30th, September 2013.

As per the information we gathered as of now in regards to 'LIC's Jeevan Akshay V1, the scheme is meeting all most all the New IRDA guidelines. So, we hope this pension scheme will not be withdrawn by IRDA(Insurance regulatory & development authority).

Anyway, on safer side, LIC officials advises that ,it is better to to initiate UK pension transfer as soon as possible to 'LIC's Jeevan Akshay V1. At the same time, the current Exchange rate is very good.

Click on the link below for more details details.

http://www.moneycontrol.com/news/economy/irda-deadline-nears-insurance-cos-re-filing-products_891789.html

1 British Pound Sterling equals 92.51 Indian Rupee. Click on the following link for more details.

https://www.google.co.in/search?q=GBP+rate+over+INR&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-beta

Click on the link below to know the complete details of ‘LIC’s Jeevan Akshay V1- the only QROPS in India.

http://qropstoindia.blogspot.in/2012/10/lics-jeevan-akshay-qrops-pension-scheme.html?spref=fb

(If you find difficult to open the link, request you to copy the URL and paste the same on the address bar. Please let me know if you really find difficult to open the link, so that i can send the attachments of related files.)

FOR STARTING UP OF THE PROCESS CONTACT :

 

Anusuya .R

Financial Advisor- (Advisor Code:02747603)

Life Insurance Corporation Of India 
Civil Station East Branch (C.B-5-603), 
Ground Floor, Oriental building, M G Road, 
Bangalore: 560001.

M +91  9980927393

Email:  qropstoindia@gmail.com