Can I roll my Personal Pension Scheme from the UK into a US IRA?

[Guest ssalis]

I currently have a Personal Pension Scheme with a company in the UK. It is losing value tremendously and I would like to move it to the US. I am 46 and have been told that the money is not movable until 50. At this rate the Scheme will be worth half of its value by then. The tax person I spoke to in the UK told me that I could transfer the money to a substantially similar fund in the US. What does that mean and would an IRA meet that requirement?

[Appleby]

No. Only assets from an eligible retirement plan can be rolled to an IRA. The term eligible retirement plan includes plans subjected to the jurisdiction of the internal revenue code (IRC) and the US Court. A UK pension plan does not operate under the IRC