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United Kingdom·GOV.UK

HMRC removes Davy Personal Retirement Bond from overseas pension list

The 17 August changes remove eight Australian schemes and add 12, alongside an Isle of Man addition; scheme administrators should check the list again before transferring.

By Taxxa AI Oy · Published 17 August 2026

Tax

HMRC removed Ireland’s Davy Personal Retirement Bond from its recognised overseas pension schemes notification list in the changes dated 17 August 2026GOV. The Australian changes record eight removals. They also record twelve additions.GOV In the Isle of Man, The RG Assura SIPP was added.

The Australian removal summary names Calibre Superannuation Fund, Carmody Hopley Superannuation Fund, LCG Harrison Super Fund, Maida Vale Super Fund, NSNO59CRJ Super Fund, Pearson-Lemme Superannuation Fund, Renn Super Fund and Trevor Tame Super Fund.GOV There is a naming difference to resolve when matching records: the former main list called the LCG Harrison entry “LCG Harrison Superannuation Fund”, while the removal summary uses “LCG Harrison Super Fund”.

The Australian additions are Boobook TM Super Fund, Domsam Super Fund, Elliott Hutson Super Fund, Harbourview Super Fund, Killcare Super Fund and L & S Edwards Super Fund. Also added are LornaDugganPension, Pattison ROPS Fund, RACA Super Fund, The MacDougall Super Fund, The Trustee for Maksamuckle Super Fund and The Trustee for Malvolio Fund.

The Irish removal concerns Davy Personal Retirement Bond.GOV Davy Advisory PRSA and Davy PRSA (Execution Only) remain listed separately. The Isle of Man addition is The RG Assura SIPPGOV; The Assura SIPP also remains a separate entry. These distinctions matter when identifying the precise scheme named in transfer instructions.

The notification list records schemes that have told HMRC they meet the recognised overseas pension scheme conditions and requested inclusion. HMRC expressly gives no guarantee that listed schemes meet those conditions or that transfers to them will be free of UK tax. Responsibility for establishing whether a transfer attracts tax remains with the person making it.

HMRC says it will usually pursue UK tax charges and late-payment interest on transfers to overseas entities that fail the requirements, even if they appear on the list. Its warning also covers changed requirements and taxpayers living overseas, with penalties in appropriate cases. HMRC’s transfer guidance expects scheme administrators to check the published list no more than one day before transferring, match the details to the transfer request and retain a printout from the day before transfer. Administrators should also carry out due diligence to establish that the receiving scheme is a QROPS; checking the list alone does not protect against liability.

Recognised transfers are governed by section 169 of the Finance Act 2004.

Before transferring, scheme administrators should match the recipient’s details against the notification list no more than one day beforehand, retain the list evidence and complete their QROPS due diligence.

Sources

  1. Check the recognised overseas pension schemes notification list
  2. Transfers: transfers to a QROPS: scheme administrator actions - before the transfer

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