01 September 2023
The list of Recognised Overseas Pensions Schemes (ROPS) notifications has been updated.
The list is of schemes that have told HMRC they meet the conditions to be a ROPS and have asked to be included on the list.
There have been 16 scheme names added to the list and two removed.
HMRC list the updates, as follows.
Schemes added
Australia
ABSLI Guaranteed Annuity Plus
Branes 42
Chris Mole Retirement Fund
Coxall Super Fund
Desmond Doyle SMSF
Enders ROPS Fund
Haigh ROPS Fund
I & J Metcalfe SMSF
M & A Roberts SMSF
M and P Barrett Super Fund
Nine Planets Superannuation Fund
Stroud Family SMSF
The Aitken Family Superannuation Fund
The Trustee for Sandford Super Fund
Three Cs
India
Max Life Guaranteed Lifetime Income Fund
Schemes removed
Australia
Paul Hirst Superannuation Fund
Isle of Man
Sandman SIPP
An updated list of ROPS notifications is published on the first and 15th day of each month. If this date falls on a weekend or UK public holiday the list will be published on the next working day. Sometimes the list is updated at short notice to temporarily remove schemes while reviews are carried out, for example, where fraudulent activity is suspected.
The requirements to be a ROPS changed from 6 April 2017 - find out about the changes for ROPS requirements.
Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information.