[UK] The ROPS List 15th of June 2020

[UK] The ROPS List 15th of June 2020
16 Jun 2020

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 15th of June 2020 update adds 37 schemes as follows:

  1. Australia – Alison J Ainsworth Superannuation Fund
  2. Australia – Beck Super Fund
  3. Australia – C Andrew Jefferson
  4. Australia – Clappersgate Super
  5. Australia – Coco Super Fund
  6. Australia – Coutts Superannuation Fund
  7. Australia – DHB Whitehurst SMSF
  8. Australia – Dr Nicola Louise McBlain Superannuation Fund
  9. Australia  - Edwards Super Fund
  10. Australia - Foxworth Super Fund
  11. Australia - Harbuz Retirement Fund
  12. Australia - Ian Wadforth Superannuation Fund
  13. Australia - K.J & A Crane Superannuation Fund
  14. Australia - Mansfield Superfund
  15. Australia - MISU 2000 Superannuation Fund
  16. Australia - Moseley Super Fund
  17. Australia - Nervy & James Superannuation Fund
  18. Australia - Parrish Family Super Fund
  19. Australia - PB Investment Fund
  20. Australia - Powell Super Fund
  21. Australia - Q4 Super
  22. Australia - R M Harris Superannuation Fund
  23. Australia - SIRRON SUPERANNUATION FUND
  24. Australia - Smith & Longden Superannuation Fund
  25. Australia - SS King Super Fund
  26. Australia - Stephen Jones and Joanne-Neave Jones Super
  27. Australia - Strudders Super Fund
  28. Australia - T & J Garvan Super Fund
  29. Australia - Welsh SMSF
  30. Australia - Willis Family Super Fund
  31. Australia - Woodpine Super Fund
  32. Gibraltar - Aria IP Gibraltar QROPS Pension Scheme
  33. Gibraltar - Aurora Europa Lite Pensions Trust
  34. Gibraltar - Berkeley Retirement Benefit Scheme
  35. Gibraltar - Evolve Retirement Benefit Scheme
  36. Ireland - Kevin Gallagher SSAP
  37. Netherlands - Stichting Personeelspensioenfonds APG 

There are no changes or removals.

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. 

Global Payroll Association Comment

We strongly recommend 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 15th of June 2020 update adds 37 schemes as follows:

  1. Australia – Alison J Ainsworth Superannuation Fund
  2. Australia – Beck Super Fund
  3. Australia – C Andrew Jefferson
  4. Australia – Clappersgate Super
  5. Australia – Coco Super Fund
  6. Australia – Coutts Superannuation Fund
  7. Australia – DHB Whitehurst SMSF
  8. Australia – Dr Nicola Louise McBlain Superannuation Fund
  9. Australia  - Edwards Super Fund
  10. Australia - Foxworth Super Fund
  11. Australia - Harbuz Retirement Fund
  12. Australia - Ian Wadforth Superannuation Fund
  13. Australia - K.J & A Crane Superannuation Fund
  14. Australia - Mansfield Superfund
  15. Australia - MISU 2000 Superannuation Fund
  16. Australia - Moseley Super Fund
  17. Australia - Nervy & James Superannuation Fund
  18. Australia - Parrish Family Super Fund
  19. Australia - PB Investment Fund
  20. Australia - Powell Super Fund
  21. Australia - Q4 Super
  22. Australia - R M Harris Superannuation Fund
  23. Australia - SIRRON SUPERANNUATION FUND
  24. Australia - Smith & Longden Superannuation Fund
  25. Australia - SS King Super Fund
  26. Australia - Stephen Jones and Joanne-Neave Jones Super
  27. Australia - Strudders Super Fund
  28. Australia - T & J Garvan Super Fund
  29. Australia - Welsh SMSF
  30. Australia - Willis Family Super Fund
  31. Australia - Woodpine Super Fund
  32. Gibraltar - Aria IP Gibraltar QROPS Pension Scheme
  33. Gibraltar - Aurora Europa Lite Pensions Trust
  34. Gibraltar - Berkeley Retirement Benefit Scheme
  35. Gibraltar - Evolve Retirement Benefit Scheme
  36. Ireland - Kevin Gallagher SSAP
  37. Netherlands - Stichting Personeelspensioenfonds APG 

There are no changes or removals.

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. 

Global Payroll Association Comment

We strongly recommend looking at the list to check for pension scheme updates appropriate to the country you are transferring funds to and from.

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