16 July 2024
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 14 schemes added and 13 removed, however the pages change notes cite 17 removals.
HMRC list the updates, as follows.
Schemes added
Australia
A&C Warburton Super Fund
A&J Scott SMSF
Bennet Breen SMSF
CMJ Morgan SMSF
Clive Phillips Superannuation Fund
David Richard Phillips SMSF
EYUP SUPER
Gareth David Rees Superfund
Lambert Family Superannuation Fund
Mayava SMSF
My Options Brigadoon Super
Southern Endurance Super
Versis Superannuation Fund
Canada
Canadian Forces Superannuation Act (R.S.C., 1985, c. C-17)
Schemes removed
Australia
DK Super Fund
English Family Superannuation Fund
Goodland Super Fund
Jelley55plus Super Fund
Jelinek QROPS Super Fund
Leadership Place Superfund
MJ & C Davies Superfund
Quillion Pension Fund
Tim Cox Super Fund
Westwood Superfund
Wilkinson Super
WollemNo2
New Zealand
SMS 13 Fund
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.