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Welcome to the Textron Limited Master Trust Plan

A new home for your workplace pension savings.

Important information - The performance of your pension savings plan is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. Should your plan have particular tax features, these will depend on your personal circumstances and all pension and tax rules may change in the future.

This website does not contain any personal recommendations for a particular course of action, service or product. If you are unsure of the right approach for you personally, you should speak to an authorised financial adviser. The minimum age you can normally access your pension savings is currently 55, and is due to rise to 57 on 6 April 2028.

You should regularly review your retirement objectives and choices and, if you are unsure whether the investments in your plan are suitable for you, you should contact an authorised financial adviser.

What happens next?

All current employees of Textron - including those that are not currently a member of the Textron Limited Pension Scheme - will be automatically enrolled into the Textron Limited Master Trust Plan on 1 October 2023.

If you do not want to become a member of the new Plan, you will have the chance to opt-out (see the FAQs section for more information on opting-out).

Your contributions from October onwards will be paid into the Textron Limited Master Trust Plan. The value of your existing pension savings from the current plan will be moved into the Textron Limited Master Trust Plan in November.

Ex-employees of Textron will join the new Plan once their savings have been moved to the new Plan in November.

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Do you have questions about the changes?

Go to the FAQ section at the top of this page to see the questions that have been asked during the consultation process.

Alternatively, if you want to speak to Fidelity’s Workplace Investing Service Centre, please call 0800 3 68 68 68 (lines open Monday to Friday, 8am - 6pm).