CIPP Payroll: need to know 2019-20

Recognised overseas pension schemes notification list 16 July 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 two removed. No amendments have been cited in this update.

A very welcome change is that HMRC now list the updates, as follows.

Schemes added

Australia A and A Henry Self Managed Super Fund Gilmour Investments Super Fund Jumbunna Retirement Fund MJ & C Davies Superfund ML Swinton Super Pearson-Wright Super Fund RA & SA Barron Superannuation Fund Speight Superfund

Tour de Faahan Wilkinson Super

Gibraltar Athena QROPS

Hong Kong Neosourcing Pension Scheme

Isle of Man Charis SIPP

Schemes deleted

India Exide Life One Advantage Retirement Plan

Isle of Man Ardonan Isle of Man Pension Plan

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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