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Challenges of adapting Canada’s pension model for the UK

Published: 29 January 2025

In a Financial Times piece on the UK’s interest in replicating Canada’s pension system, Associate Professor Sebastien Betermier highlights concerns about the growing politicization of Canada’s pension funds. He notes that the success of the Maple 8 model relies on maintaining independence from government interference. Recent political actions such as Alberta’s abrupt overhaul of its pension board raise doubts about whether the model can sustain its advantages. Betermier cautions that attempts to emulate the Canadian approach must consider evolving challenges, including operational risks and pressure to increase domestic investments amid shifting political priorities.

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