The challenges of Reeves' plan to re-create Maple 8

Government says consolidating the LGPS into a version of Canada’s Maple 8 could boost investment and tackle waste

clock • 8 min read
Chancellor Rachel Reeves Parliament.uk
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Chancellor Rachel Reeves Parliament.uk

Following the chancellor’s calls for UK pension schemes to “learn lessons” from the Canadian retirement model, Charlotte Moore looks at possibilities of turning the Local Government Pension Scheme (LGPS) into something similar to the Maple 8.

Chancellor Rachel Reeves wants to consolidate the LGPS into a version of Canada's 'Maple 8' to boost investment, increase pension pots and tackle waste. The government says the plans could incre...

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