The Chartered Institute of Payroll Professionals
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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 nine 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
Gomaxia SMSF Sordy Superannuation Fund Victoria Superannuation Fund
Guernsey
Brown Family Trust Merry Retirement Annuity Trust
Jersey
LJF Investments Ltd Marianne Sunier Approved Drawdown Contract Robert Neil Newman Approved Drawdown Contract William Paul Beaumont Approved Drawdown Contract
Schemes removed
Australia
D Kelly Superannuation Fund
Jersey
Ogier Channel Island Employee Pension Scheme
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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Recognised overseas pension schemes notification list 7 September 2021
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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