Recognised Overseas Pension Schemes (ROPS)

We can offer Recognised Overseas Pension Schemes (ROPS) to UK expatriates through our dedicated Malta-based Pensions team. For those holding a UK pension and thinking of leaving the UK, there are numerous potential benefits in transferring an existing scheme into an eligible ROPS, including increased efficiency, greater flexibility, more investment freedom and enhanced growth opportunities.

For most people, their pension is probably their most valuable asset after their property. This is why the related benefits are so important and can make such a meaningful difference – and potentially improve retired life dramatically.

What are ROPS ? 

A ROPS is an overseas pension scheme that meets certain requirements set by Her Majesty's Revenue and Customs (HMRC). A ROPS can receive transfers of UK pension benefits without incurring an unauthorised payment and scheme sanction charge.

Gemstone retirement scheme

Launched in late 2016, the Gemstone Retirement Scheme (“Gemstone”) is JTC’s first personal pension product and ROPS. Aimed at UK expatriates, this flexible scheme operates on the basis of defined contribution, meaning you know from the outset how much you will be contributing and how often.

Gemstone offers a variety of potential benefits to eligible participants, including greater efficiency, flexibility and investment freedom than many non-ROPS products. As a JTC product, it can also boast competitive and transparent pricing, a simple take-on process and a seamless client experience with user-friendly paperwork and related administration.

IFA Portal

Designated Independent Financial Advisors can access relevant documentation by logging below:

IFA portal login