17 July 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 11 scheme names added to the list and five removed.
HMRC list the updates, as follows.
Schemes added
Australia
Bee Superannuation Fund
Hambalt SMSF
J & C Palmer Superannuation Fund
M & L Hingert Superannuation Fund
M&PJ Fund
McMillan ROPS Fund
Rainbird Family Superannuation Fund
SW & KT Crowley Superannuation Fund
Suthosuper
Taylor Newman Super Fund
Vivian ROPS Fund
Schemes removed
Australia
DPSS SMSF
Jackson Tims Super Fund
Limit Up
Powell Family Super Fund
Jersey
Clever Cat Limited
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.