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 three 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
Kinwat Super O’Brien Family Super Fund W M Super
Schemes removed
Gibraltar
Aurora Europa Lite Pensions Trust
Malta
Elmo International Retirement 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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Pension schemes newsletter 117 3 March 2020
The latest pension schemes newsletter has been published by HMRC’s Pension Scheme Services to provide updates to stakeholders.
This newsletter is published by HMRC Pension Schemes Services to update stakeholders on the latest news for pension schemes. Issue 117 includes articles on:
Relief at Source
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• Guidance from The Pensions Regulator on Pension Scams • Guaranteed Minimum Pension (GMP) Equalisation Newsletter - February 2020
Pension schemes newsletter 117 – February 2020
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The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
Page 595 of 629
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