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 October 2019 contains the following changes from the ROPS List published 16 September 2019:
Added
The 14 schemes added are:
- Australia – Alamo33 Super Fund
- Australia – Anjala Super Fund
- Australia – Blyth Super Fund
- Australia – Clock End SMSF
- Australia – Kenward Family Super Fund
- Australia – Kidby 55 plus Super Fund
- Australia – MacTara Superannuation Fund
- Australia – PJ & C Street Super Fund
- Australia – Rise & Shine Superannuation Fund
- Hong Kong – BIAL Retirement Scheme
- Isle of Man – Delooze SIPP
- Isle of Man – KOR Personal Pension Scheme
- Jersey – MSP Pension Limited
- Netherlands – Brown-Forman Netherlands BV by Brand New Day
Removed
The following scheme has been removed from the list:
- Mauritius – Marina Pension Trust
Updated
No amendments.