[UK] The ROPS List 1st of October 2019

The Recognised Overseas Pension Schemes (ROPS) List contains the overseas pension schemes that have said to HMRC they want to be included on it when it’s updated twice a month.

The 1^st of October 2019 update adds 14 schemes as follows:

1. Australia – Alamo33 Super Fund
2. Australia - Anjala Super Fund
3. Australia - Blyth Super Fund
4. Australia - Clock End SMSF
5. Australia - Kenward Family Super Fund
6. Australia - Kidby 55 plus Super Fund
7. Australia - MacTara Superannuation Fund
8. Australia - PJ & C Street Super Fund
9. Australia - Rise & Shine Superannuation Fund
10. Hong Kong - BIAL Retirement Scheme
11. Isle of Man - Delooze SIPP
12. Isle of Man - KOR Personal Pension Scheme
13. Jersey - MSP Pension Limited
14. Netherlands - Brown-Forman Netherlands BV by Brand New Day

1 scheme has been removed:

1. Mauritius - Marina Pension Trust

HMRC gives the following advice to users of the ROPS list:

The requirements to be a ROPS changed from 6 April 2017. You’ll need to check that the scheme you’re transferring to on or after that date meets the new requirements. 

HMRC cannot guarantee these are ROPS or that any transfers to them will be free of UK tax. It’s your responsibility to find out if you have to pay tax on any transfer of pension savings. Find out more about Overseas pension schemes.

The Global Payroll Association strongly recommends looking at the list to check for pension scheme updates appropriate to the country you are transferring funds to and from.

The Recognised Overseas Pension Schemes (ROPS) List contains the overseas pension schemes that have said to HMRC they want to be included on it when it’s updated twice a month.

The 1^st of October 2019 update adds 14 schemes as follows:

1. Australia – Alamo33 Super Fund
2. Australia - Anjala Super Fund
3. Australia - Blyth Super Fund
4. Australia - Clock End SMSF
5. Australia - Kenward Family Super Fund
6. Australia - Kidby 55 plus Super Fund
7. Australia - MacTara Superannuation Fund
8. Australia - PJ & C Street Super Fund
9. Australia - Rise & Shine Superannuation Fund
10. Hong Kong - BIAL Retirement Scheme
11. Isle of Man - Delooze SIPP
12. Isle of Man - KOR Personal Pension Scheme
13. Jersey - MSP Pension Limited
14. Netherlands - Brown-Forman Netherlands BV by Brand New Day

1 scheme has been removed:

1. Mauritius - Marina Pension Trust

HMRC gives the following advice to users of the ROPS list:

The requirements to be a ROPS changed from 6 April 2017. You’ll need to check that the scheme you’re transferring to on or after that date meets the new requirements. 

HMRC cannot guarantee these are ROPS or that any transfers to them will be free of UK tax. It’s your responsibility to find out if you have to pay tax on any transfer of pension savings. Find out more about Overseas pension schemes.

The Global Payroll Association strongly recommends looking at the list to check for pension scheme updates appropriate to the country you are transferring funds to and from.