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

UK Pensions Framework shows 'no material progress' since 2022, PPI finds

UK Pensions Framework shows 'no material progress' since 2022, PPI finds

Institute’s report highlights ‘urgent’ need to commence second phase of the pensions review

Martin Richmond
clock 16 July 2025 • 4 min read
Industry responds to 'simple' and 'unsurprising' Mansion House speech

Industry responds to 'simple' and 'unsurprising' Mansion House speech

Chancellor provided no update on the Pensions Review and no clarity around AE

Holly Roach
clock 16 July 2025 • 3 min read
UK inflation unexpectedly rises to 3.6% in June

UK inflation unexpectedly rises to 3.6% in June

Up from 3.4% in May

Linus Uhlig
clock 16 July 2025 • 3 min read
Trustpilot