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 02 December 2019 contains the following changes from the ROPS List published 15 November 2019:

Added

The 13 schemes added are:

  1. Australia – Alan McGarragh Superannuation Fund
  2. Australia – Barr Superannuation Fund
  3. Australia – Carruthers First Super Fund
  4. Australia – Chris Lindos Superannuation Fund
  5. Australia – M-B Family SMSF
  6. Australia – Stupples QROPS Superannuation Fund
  7. Australia – Williamson Superannuation Fund
  8. Guernsey – Schroders (C.I.) Limited Retirement Savings Scheme
  9. Guernsey – Schroders Guernsey Retirement Annuity Trust Scheme
  10. Jersey – Caring Homes Healthcare Group Limited Employee Pension Scheme
  11. Netherlands – DERO Security Products B.V. by Brand New Day
  12. Netherlands – Land Life Company B.V. by Brand New Day
  13. Netherlands – Stichting Pensioenfonds Hewlett-Packard Nederland
Removed

The 1 removal is as follows:

  1. Ireland – Timothy Kinsella Personal Retirement Bond
Updated

There are no changes.

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