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By Jessica Frank-Keyes Rachel Reeves wants UK pension funds to “unlock billions” in investment and deliver for British savers by following the Canadian model. The Chancellor is considering consolidating local government pension schemes – currently fragmented into 86 individual funds and 6m members – to pool their £360bn of resources. It comes as she met with the so-called Maple Eight group of Canadian retirement funds at a roundtable in Toronto on Wednesday, during a three-day North American trip. Funds like the Ontario Teachers’ Pension Plan and the Canada Pension Plan are significant infrast…

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