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ROPS

North America | 15 Feb 17

All Canadian schemes removed from HMRC Rops list

UK pension transfers to Canada have been effectively blocked after the three remaining Canadian recognised overseas pension schemes (Rops) were removed from HM Revenue & Customs’ (HMRC) list on Wednesday.

UK taxman shutting down online Rops service

Retirement | 14 Feb 17

UK taxman shutting down online Rops service

HM Revenue & Customs (HMRC) will close its online service for managing recognised overseas pension schemes (Rops) on 5 April 2017, as it is no longer collecting the information the taxman needs.

Providers cautious about abolishing Rops ‘advice safeguard’

Retirement | 20 Dec 16

Providers cautious about abolishing Rops ‘advice safeguard’

Providers of recognised overseas pension schemes (Rops) have voiced concerns over the UK’s plan to scrap the advice safeguard for expats, with some arguing that the move may create a “consumer protection gap”.

All French and Italian Rops dropped from UK pension list

Europe | 19 Dec 16

All French and Italian Rops dropped from UK pension list

All French and Italian schemes have been removed from the HM Revenue & Customs (HMRC) list of recognised overseas pension schemes (Rops) said to meet the conditions for accepting UK retirement pots.

JTC adds Rop scheme to Malta service range

Companies | 14 Dec 16

JTC adds Rop scheme to Malta service range

Jersey-headquartered JTC has launched a recognised overseas pension scheme (Rops) aimed at supporting UK expatriates globally through its operation in Malta.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.