16 November 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 15 schemes added, six removed, and two amended.
HMRC list the updates, as follows.
Schemes added
Australia
Andrew Valentine Superannuation Fund
D&M Shipp
Debar SMSF
DI Baigent SMSF
Edwards Superannuation Fund
Flynn ROPS Fund
HoGroves Superannuation Fund
Je Suis Pellegrue Super Fund
Juelou
PNG Future Fund
Saidi Super Fund
Sutton Super Fund
TIMJAM SUPER
VonTrapsSuper
Guernsey
Bluebird Trust
Schemes removed
Australia
CP Lockwood Super Fund
MRGough Super Fund
PJ Hodgson Super Fund
Raddie Superfund
Richard Womack Super Fund
Netherlands
TIBCO Software Services Netherlands BV by Brand New Day
Schemes amended
Ireland
Synergy Personal Savings Retirement Account (PRSA)
Jersey
The F.C.M Limited Employment 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.