Mercer

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.

Local government pension schemes are set to face increasing cashflow shortfalls as the LGPS starts to mature, council figures warn.

US - Mercer Investment Consulting has acquired investment consultancy Evaluation Associates from Milliman for an undisclosed sum.

US - Prudential Retirement has completed the first pension buy-in transaction in the US with a $75m pension risk transfer.

NEW ZEALAND - The government's 2011/2012 proposed budget will halve matching tax credits for members' voluntary contributions to KiwiSaver while increasing employer and employee contributions to the scheme.

GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.

Manager search activity increased in 2010 with emerging markets and alternative asset classes receiving most interest, research by Mercer reveals.

AUSTRALIA - Simple, low-cost financial advice should be incorporated into the MySuper default fund structure offered by superannuation funds to increase members' engagement with their pensions, according to Mercer.

NEW ZEALAND - KiwiSaver funds posted positive returns for the first quarter of 2011, with the meidan KiwiSaver growth fund returning 3.8% and the more conservative default median fund returning 1.6%, according to Mercer's KiwiSaver survey.

GLOBAL - Manager search activity increased in 2010 with emerging markets and alternative asset classes receiving most interest, research by Mercer reveals.