19 May 2025
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 13 schemes added and 9 removed.
The requirements to be a ROPS based in the European Economic Area (EEA) changed from 6 April 2025. You’ll need to check that the scheme you’re transferring to meets the new requirements. The list to remove schemes that no longer meet the requirements will be published on 2 June 2025 for Austria, Belgium, Bulgaria, Germany, Ireland, Latvia, Luxembourg, Malta, Netherlands, Slovakia, Spain and Sweden.
HMRC list the updates, as follows.
Schemes added
Australia
Balcony Super
Baylisssuper
MJ Turner SMSF
Paul Keyworth SMSF
Polmark Super
Roberts Chapple Superannuation Fund
Rodvasey Superannuation Fund
The Banks Superfund
Yosemite Superannuation Fund
Isle of Man
Dickinson Family SIPP
P. S. Colley Pension
RJS SIPP
The Taynton SIPP
Schemes removed
Australia
ADNPP Super Fund
Clyne Superannuation Fund
Dinkakis SMSF
Downes Family Super Fund
Jones Superannaution Fund
Luiela SMSF
Maeva 2 Investments Superannuation Fund
P & J James Superannuation Fund
Barbados
DGM Registered Retirement Savings Plan (RRSP)
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.
HMRC has added that it cannot guarantee these are ROPS or that any transfers to them will be free of UK tax. It’s your responsibility to find out if you have to pay tax on any transfer of pension savings. Find out more about Overseas pension schemes.
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.