Recognised overseas pension schemes notification list
02 December 2019
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 scheme names added to the list, and one removed. No amendments have been cited in this update.
A very welcome change is that HMRC now lists the updates, as follows.
Schemes added
Australia
Alan McGarragh Superannuation Fund
Barr Superannuation Fund
Carruthers First Super Fund
Chris Lindos Superannuation Fund
M-B Family SMSF
Stupples QROPS Superannuation Fund
Williamson Superannuation Fund
Guernsey
Schroders (C.I.) Limited Retirement Savings Scheme
Schroders Guernsey Retirement Annuity Trust Scheme
Jersey
Caring Homes Healthcare Group Limited Employee Pension Scheme
Netherlands
DERO Security Products B.V. by Brand New Day
Land Life Company B.V. by Brand New Day
Stichting Pensioenfonds Hewlett-Packard Nederland
Schemes removed
Ireland
Timothy Kinsella Personal Retirement Bond
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. Download the CIPP's Payroll: Need to know - your guide to payroll legislation and reporting for the most up to date data.