The ROPS list is a must-read for all UK payroll and pensions professionals. It is updated twice-monthly on the 1st and the 15th of the month, though this will change if those dates fall on a weekend or Bank Holiday. However, sometimes HMRC will update the List at other times ‘to temporarily remove schemes while reviews are carried out, for example where fraudulent activity is suspected’. The ROPS list contains details of all overseas pension schemes that have advised HMRC they want to be included on it. ‘Recognise’ indicates that HMRC recognise the overseas pension scheme as being one that is eligible to receive transfers of UK pension benefits.

The updated list from 01 November 2019 contains the following changes from the ROPS List published 15 October 2019:

Added

The 11 schemes added are:

  1. Australia – Fab Superannuation Fund
  2. Australia – Whisperer
  3. Belgium – Caisse de prevoyance des avocats, des huisiers de justice et autres independants OFP
  4. Gibraltar – Abacus Retirement Annuity Trust Scheme
  5. Gibraltar – Andromeda Retirement Annuity Trust Scheme
  6. Gibraltar – Cornhill Retirement Annuity Trust Scheme
  7. Gibraltar – Cygnet Retirement Annuity Trust Scheme
  8. Gibraltar – Fortress Retirement Annuity Trust Scheme
  9. Gibraltar – Metro Retirement Annuity Trust Scheme
  10. Gibraltar – Resort Group Plc Retirement Annuity Trust Scheme
  11. Guernsey – Asterix Retirement Annuity Trust
Removed

No removals.

Updated
  1. Australia – Soaring Tail Superannuation Fund amended to Soaring Tall Superannuation Fund

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