15 April 2025
The list of Recognised Overseas Pensions Schemes (ROPS) notifications has been updated.
This news item will look slightly different from our usually fortnightly update. This is due to some changes to the requirements to be a ROPS established in the European Economic Area (EEA). These changes came into play from 6 April 2025.
The changes mean the conditions of Overseas Pension Schemes (OPS) and ROPS established in the EEA, will be aligned with OPS and ROPS established in the rest of the world, meaning:
- OPS established in the EEA will be required to be regulated by a regulator of pension schemes in that country
- ROPS established in the EEA must be established in a country or territory with which the UK has a double taxation agreement providing for the exchange of information, or a Tax Information Exchange Agreement.
From 6 April 2026, scheme administrators of registered pension schemes must be UK resident. Further information can be found here.
Please note you’ll need to ensure the scheme you’re transferring to on or after that date meets the new requirements.
The list shows 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 26 schemes added and nine removed.
HMRC list the updates, as follows.
Schemes added:
- Andrew Gilbert SMSF
- Animal Super Fund
- Anjala Super Fund
- Bindloss Superfund
- Buchanan Personal Pension Scheme
- Cook Family Superannuation Fund
- Cope ROPS Fund
- D A Johnstone Superannuation Fund
- DMG and PJH Superannuation Fund
- Finter Super Fund
- F&T Johnston SMSF
- HWK SuperFund
- LOVERNJ
- McIntosh ROPS Fund
- Mikarin SMSF
- Mills Family Super Fund
- PearTree Investments Limited
- Penny Superannuation Fund
- PETTMEL Superannuation Fund
- Ribbons Evans SMSF
- Super Gondy Fund
- The Bill & Claudia Super Fund
- W Power SMSF Pty Ltd
- Les Coates Personal Pension DPP Scheme
- The Equilibrium SIPP
- John Robson Approved Drawdown Contract
Schemes removed:
- Barnes Family Superannuation Fund
- Bottomley Super Fund
- McFadden Family Superannuation Fund
- Raybould Retirement Fund
- Rodd & Ase Smith Superannaution Fund
- Two Farr Superfund
- Yosemite Superannuation Fund
- Maddrell Brambley Personal Pension Scheme
- RJC Personal Pension Scheme
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.
Further changes came in the Budget 2024 removing the tax-free transfer exemption on some overseas pensions.
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.