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
Image:

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...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Western Pension Solutions becomes part of Collective Pensions

Western Pension Solutions becomes part of Collective Pensions

Collective Pensions is a joint venture between Vestey Holdings and Timpson Group

Jonathan Stapleton
clock 11 September 2026 • 1 min read
Good News Corner: Icelandic edition of Rob Gardner's 'Save Your Acorns' launches

Good News Corner: Icelandic edition of Rob Gardner's 'Save Your Acorns' launches

Iceland continues to boost pensions literacy despite OECD-leading contribution rates

Jonathan Stapleton
clock 11 September 2026 • 2 min read
UK economy registers 'surprise' expansion in July

UK economy registers 'surprise' expansion in July

GDP growth swings up to 0.4% amid record heatwave and AI spend

clock 11 September 2026 • 3 min read
Trustpilot