The investors formed a group litigation order last year after successive attempts to reinstate the QROPS status of the scheme failed and the investors began to receive notification from the Revenue they would face heavy charges on the amounts they transferred.
The trial date has been set for 17 June 2013.
Click here to read an interactive timeline of the ROSIIP case
As reported, investors first began receiving notification of the charges in May last year. The charge comprises tax of up to 40% and a 15% surcharge and will be made against the transfer value of the pension. Interest may also be payable.
A further tranche of investors received notification from HMRC of the charges at the beginning of last month.
The Recognised Overseas Self Invested International Pensions Retirement Trust (ROSIIP) QROPS was established in Singapore in 2006, but lost its QROPS status after only two years.
To read an interactive timeline of events click here
