CIPP Payroll: need to know - 2022-23

`The Chartered Institute of Payroll Professionals

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Bussey SMSF Super Fund changed name to Bussey QROPS Super Fund

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 Published: 16 January 2023 Emailed: 18 January 2023

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 ten scheme names added to the list, 12 removed and one amended.

HMRC list the updates, as follows.

Schemes added

Australia

Batiste Super Fund Betts ROPS Fund Croftfoot Superfund DCP Superfund Gallah Super Groves Family Super Fund Ollis Super Fund Ray & Vin Super Fund Shaw Super Fund Yellowtail Superannuation Fund

Schemes removed

Australia

Hanson Family Super Fund R & S Erskine Super Fund Spring Hill Super Fund Sutherland Family Superannuation Fund

India

Excide Life New Immediate Annuity Exide Life Golden Years Retirement Plan Exide Life My Retirement Plam Exide Life New Immediate Annuity Exide Life New Immediate Annuity with Return of Purchase Price Exide Life Smart Pension Plan

Isle of Man

Ballaglass Personal Pension Scheme

Jersey

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