Welcome to the Leonardo Pension Scheme

The Smart Pension Master Trust is a multi-employer pension scheme run by independent trustees.

This is similar to FuturePlanner, but it serves multiple employers rather than just Leonardo. If you choose Smart Pension, we’ll set up a new member account that mirrors the investment options available in your current FuturePlanner account.

About Smart Pension

Real-time pension access – stay on top of your retirement plans, and admin through the app or website. Sign-in today.

Easy to use app – check and update your account at a time and place that works for you. Download now.

Understanding your Smart Pension – get to know how your account works and make retirement decisions with confidence. Read more.

When you join

There are some things to look out for and get up to speed with when you join Smart Pension.

‍Check your email – you’ll receive an activation email to set up your new account, as well as a welcome letter in your account.‍
Update your details – make sure we can contact you with the latest updates and information by checking and adding your personal details.‍
Add your beneficiaries – it only takes a minute or two to ensure that your hard earned pension savings are going to the people who matter most to you.

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More than a pension

Financial wellbeing support – we know saving for retirement is a priority, but we also know people need to make the most of their money in the here and now. That’s why we offer all our members financial wellbeing support.

Understanding your pension

It’s time to take action for your future, and it’s easier than you think. It’s never too soon, or too late, to start saving for your future.

Are your details up to date?

It only takes a moment to ensure your contact details with Smart Pension are up to date. Make sure we have your personal email on file so we can keep you connected with your hard-earned savings.

Why not sign in today to quickly check and update your personal details?

Why combine your pension savings?

One of the quickest and easiest ways to get on track with saving for retirement is to have all your pensions in one place. Why not combine today?

Retire your way

Here at Smart Pension, we make it easy to move from saving into retirement. Manage your hard-earned money in a way that suits you.

‍One account – everything in one place – no switching, no extra logins, all in the app or online.
Secure online ID checks – we verify your identity quickly and easily, just like your bank.
Fully paperless – no forms, printing, or posting letters - everything is done online.
Free withdrawals – access your money whenever you need it, and make a withdrawal at any time, at no extra cost.

Why retire with Smart Pension

Are you approaching 55 and planning how you’ll take your pension savings? With Smart Pension, you have the flexibility to retire in a way that suits you.

‍Plan ahead – we'll work out how much you can pay yourself each month and have money for the later stages, so you don't have to with our multipot drawdown option – Smart Retire. Learn more.
Take control - have all your retirement savings in one place, helping you reach your retirement plan, your way.
Have flexibility – keep working, take a regular income, withdraw a lump sum, or stay invested for later.
Help when you need it – our friendly UK-based Customer Service Team is on hand to guide you through the whole process. Get in touch.

Understanding pensions at retirement

Preparing for retirement is easier than you think. Whether you're approaching retirement or want to understand more about your future, it’s always the right time to start. Explore our short explainers to help you get retirement ready.

Why does your retirement age matter?

When you think about your retirement, the age at which you retire might not seem like the biggest decision. But, as it happens, choosing the right retirement age can have a big impact on how long your savings will last.

Watch this video to learn more about why you should set your age.

What is the State Pension?

The State Pension is a regular payment from the government once you reach the State Pension Age, currently set at 66. The amount you receive depends on your qualifying years – that is, how long you’ve worked and paid National Insurance.

What is income drawdown?

Income drawdown means taking money from your pension savings as and when you need it. You can take out as much or as little as you want, as and when you need to, and the good thing is that doing so means the rest of your savings stay invested.

What is an annuity?

An annuity is a financial product, that converts some, or all, of your pension savings into a guaranteed, regular income for the rest of your life. Buying an annuity is a big decision. It’s important to think about whether it's right for you because once you buy one, it usually can't be changed.

Find out more about your options in our member help pages.

Can I take my pension as cash?

If you’re thinking about accessing your pension and wondering if you can take it as cash, you can, but with some conditions. Taking your pension as cash gives you flexibility, but it also comes with risks, so it’s not for everyone. Watch the video to learn more.

How much tax do I pay in retirement?

Your pension savings are treated like income, so the way you take your money and whether you're still working can affect how much tax you pay. The amount of tax you pay depends on your overall income.

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Combine your pensions, simplify your future

Bring all your pension savings together so you can easily manage and plan your future with your Smart Pension account.

It only takes a few minutes to get started.

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