CIPP Payroll: need to know - 2023-24

The Chartered Institute of Payroll Professionals

News On Line

DJ Neway SMSF

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: 17 April 2023 Emailed: 19 April 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 11 scheme names added to the list and two removed.

HMRC list the updates, as follows.

Schemes added

Australia

Bastow SMSF Black Rhino Super Fund Pindolia SMSF SiBorg7of7 STP Super Fund TI Hossack Superannuation Fund Trustee for Chelford Group Super Fund

Isle of Man

Challink Persona Pension Scheme

Jersey

Easy Saver Pension Scheme

Netherlands

Stichting IMC Weekendschool

New Zealand

i-Select SMS 25 Fund

Schemes removed

Bulgaria

NN Voluntary Pension Fund

Finland

Varma Mutual Pension insurance Company

cipp.org.uk

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