Leonardo FuturePlanner, in its recently published ‘Report and Financial Statements for the Year Ended 5 April 2025’, has initiated a comprehensive strategy review in collaboration with its investment adviser. This review focuses on assessing the risk and return profiles of default lifestyling strategies and evaluating their suitability for members. Concurrently, the Trustee is examining the end-to-end member experience. Work in these areas is expected to continue throughout 2025 and into early 2026 (page 3).
Strategic Investment Review Underway
The Trustee has initiated a comprehensive strategy review with FuturePlanner’s investment adviser. This review is focused on assessing the risk and return profiles of the various default lifestyling strategies and evaluating their overall suitability for members. The Trustee is also examining the end-to-end member experience. This work will continue throughout 2025 and into early 2026 (page 3).
ESG Integration into Core Equity Allocations Explored
Analysis has commenced on integrating additional ESG-focused investments within the core equity allocations to further strengthen the Scheme’s sustainability credentials (page 3).
Annual Deferred Member Bulk Transfer to Smart Pension Completed
In November 2024, the Trustee undertook the third annual deferred member bulk transfer to Smart Pension, involving just under 313 members with assets of approximately £8.1 million. This solution allows members to remain invested in the same funds. This process will be repeated annually (page 3).
Default Strategy Review Conducted in H1 2025
A review of the default strategy took place in H1 2025. Any changes implemented as a result of this review will be detailed in the next year’s implementation statement. The previous review was conducted in the 2021/22 Scheme year (page 45).
Self-Select Options Reviewed in September 2024
In September 2024, the Trustee, in conjunction with the Fiduciary Manager, reviewed the suitability of the Scheme’s self-select options and concluded that the current fund range is fit-for-purpose. No changes were implemented (page 45).
Source