[UK] The ROPS List 2nd of December 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 2^nd of December 2019 update adds 13 schemes as follows:

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

Also, 1 scheme is removed as follows 

1. Ireland - Timothy Kinsella Personal Retirement Bond

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 2^nd of December 2019 update adds 13 schemes as follows:

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

Also, 1 scheme is removed as follows 

1. Ireland - Timothy Kinsella Personal Retirement Bond

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.