UK Recognized overseas pension schemes notification list

HM Revenue and Customs (HMRC) has temporarily suspended the ROPS notification list. It will return on Tuesday 18 April 2017.

Pension schemes appear on the published list if their scheme managers have agreed to provide certain information to HMRC. They must agree to this undertaking for their scheme to be a qualifying recognised overseas pension schemes (QROPS).

Since 9 March 2017 scheme managers have been required to pay tax to HMRC on certain transfers. They had until 13 April 2017 to confirm to HMRC that they agree to operate this new tax charge.

If a scheme appeared on the ROPS notification list that was available on 13 April 2017 and HMRC has not received the scheme manager’s confirmation that they agree to operate the new charge, their scheme will not appear on the list when it returns on 18 April 2017.

Full Content: Gov UK

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