UK - UK pension funds are showing early signs of re-risking, according to panel members at a JP Morgan Transition Management (TM) press briefing in London yesterday.

AUSTRALIA - The merger between the A$2.4bn (US$2.5bn) StatewideSuper and the A$1.7bn Local Super will move to the next stage, beginning the due diligence process following approval in principle from the funds' major shareholders.

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.

US - Pramerica Investment Management, a subsidiary of Prudential Financial with $583bn in assets under management, named David Hunt chief executive officer.

US - The Fresno County Employees' Retirement Association (FCERA) has decided not to put Oechsle International Advisors on watch, despite its international mandate having underperformed its benchmark in the one, three and five-year periods.

US - Rupert Murdoch and other News Corporation directors face opposition from corporate governance advisory firm ISS which advised shareholders to vote against their re-elections to the board.

UK - Shareholder activism has been trivialised and dismissed by policymakers, delegates at a responsible investment conference heard yesterday.

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.

US - The US Postal Service (USPS) could be allowed to use surplus pension payments to address a $5bn company deficit under a bill introduced this week

GLOBAL - Pension fund assets accounted for almost $30trn of investment manager assets worldwide in 2010, research by TheCityUK shows.