CIPP Payroll: need to know 2019-20

Recognised overseas pension schemes notification list 3 October 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 14 scheme names added to the list, and one removed.

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

Schemes added

Australia Alamo33 Super Fund

Anjala Super Fund Blyth Super Fund Clock End SMSF Kenward Family Super Fund Kidby 55 plus Super Fund MacTara Superannuation Fund PJ & C Street Super Fund Rise & Shine Superannuation Fund

Hong Kong BIAL Retirement Scheme

Isle of Man Delooze SIPP KOR Personal Pension Scheme

Jersey MSP Pension Limited

Netherlands Brown-Forman Netherlands BV by Brand New Day

Schemes deleted

Mauritius Marina Pension Trust

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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Decrease in pension contributions correlates with significant increase in number of self-employed individuals 3 October 2019

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