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

PMI announces Equiniti as development partner

PMI announces Equiniti as development partner

Partnership will provide Equiniti with access to PMI education and training

Martin Richmond
clock 21 January 2026 • 2 min read
UK inflation rises to 3.4% in December

UK inflation rises to 3.4% in December

ONS data shows CPI Index rose for the first time in five months

Linus Uhlig
clock 21 January 2026 • 3 min read
Just Group DB sales down 28% in 2025

Just Group DB sales down 28% in 2025

Insurer said the drop was due to a ‘lack of large deals’ but expects ‘increased market opportunity’ in 2026

Holly Roach
clock 20 January 2026 • 1 min read
Trustpilot