16 October 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 9 scheme names added to the list, seven removed.
HMRC list the updates, as follows.
Schemes added
Australia
FLT SMSF
Iannuzzelli Super Fund
McCormick Global Super
Sprason Super Fund
The Setchell Superannuation Fund
The Vespera Super Fund
Netherlands
European Regional Affairs Consultants (ERAC) B.V.
Maeve Aerospace B.V.
MrWork B.V.
Schemes removed
Australia
AM & SJ Hirst Super Fund
Ludlow Super Fund
Maidenhead Super Fund
Penn Super Fund Removed
PD Withers Superannuation Fund
Bradbury Super Fund
Jersey
Rozel QROPS
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.