HMRC regularly update (15th of each month) their list of Recognised Overseas Pension Schemes (ROPS). This list contains pension schemes that have told HMRC that they meet the conditions to be a ROPS and have asked to be included on the list.
This list is sometimes updated at short notice to temporarily remove schemes while reviews are carried out, for example, where fraudulent activity is suspected.
HMRC will not guarantee these are ROPS or that any transfers to them will be free of UK tax. It is the individual’s responsibility to find out if there is any tax to pay on any transfer of pension savings.
HMRC will usually pursue any UK tax charges (and interest for late payment) arising from transfers to overseas entities that do not meet the ROPS requirements even when they appear on this list.
