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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

'Urgent' policy change needed if retirement adequacy is to improve

'Urgent' policy change needed if retirement adequacy is to improve

Think tanks says pensions review is ‘golden opportunity’ to assess retirement landscape

Holly Roach
clock 13 September 2024 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

IGG strategic pension solutions offering, WPC appoints chair, TPR to step up investment governance focus

Professional Pensions
clock 13 September 2024 • 1 min read
Age UK and BlackRock Foundation launch £1m tie-up to help older people

Age UK and BlackRock Foundation launch £1m tie-up to help older people

Partnership will see BlackRock fund two-year benefits entitlement checks programme

Jonathan Stapleton
clock 12 September 2024 • 2 min read
Trustpilot