Check the recognised overseas pension schemes notification list 4 September 2018
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. 19 schemes have been added and 2 have been removed.
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.
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TPR appoints executive director of strategy and risk 7 September 2018
The Pensions Regulator’s (TPR) has appointed Jo Hill as its new Executive Director of Strategy and Risk.
Jo Hill is currently Director of Market Intelligence, Data and Analysis at the Financial Conduct Authority (FCA) and will join TPR in November bringing a wealth of experience to this role.
Jo will be responsible for overseeing TPR’s new approach of clearer, quicker and tougher regulation and influence how it works with the pensions industry to protect workplace savers.
TPR Chairman Mark Boyle said:
“I am extremely pleased Jo has been appointed to this key role at TPR. Under our TPR Future programme, we have made great strides in developing and implementing a new, more proactive culture and approach to regulation and I am confident Jo will ensure our clearer, quicker and tougher strategy continues to have an impact. The effective use of data in the early detection and mitigation of risks is crucial and through her wealth of experience and knowledge in this area, Jo will help maximise our effectiveness as we strive to make workplace pensions work for savers.”
Jo commented:
“I’m delighted to be taking on the role at such an important and exciting time for pensions regulation. Good pension provision is fundamental for a good quality of life in retirement and I’m looking forward to continuing to shape TPR’s strategy and approach.”
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NEW LINK to campaign materials - joint FCA and TPR pension scams awareness campaign 07 September 2018
The Pension Regulator (TPR) are aware that there have been some difficulties in accessing the latest pension scams campaign materials and apologise for any inconvenience this has caused.
Please use this new link to access the campaign materials.
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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