Transfers in

You can bring your benefits from previous employment into FuturePlanner.

You have the option to put your pension savings in one place rather than spread across many different arrangements. This applies to any pensions you have from former employers or other personal arrangements, which can be transferred in with the agreement of the Trustees and Leonardo.

The Trustee will not accept the following transfers:

  • a final salary or defined benefit scheme as these include guarantees associated with the previous benefit that would no longer apply on transferring in;
  • defined contribution benefits where the benefits have been ‘crystallised’ i.e. the member has already taken tax free cash from the fund; and
  • any transfers where the Trustee may inherit an unknown legal obligation (such as where benefits are not equal between men and women).

The Trustee may not accept the following transfers:

  • Transfers of any benefits which have any other form of guarantee or underpin.   

If you would like to consider a transfer in, please complete the transfer-in form and return it to us at futureplanner@xpsgroup.com or post it to our Middlesbrough address, shown on the form. If you’re not sure what action to take, you may find it helpful to take independent financial advice. You can find an adviser local to you at unbiased.co.uk