Strathclyde Pension Fund has appointed Northern Trust for the fourth consecutive term to hands its securities lending, global custody, cash management and foreign exchange investments.

This week, respondents cautiously back the reduction of older workers' hours to support the young, and say the under-30s have no idea about retirement income.

More than three quarters of respondents believed the FRC should wade into the charges debate and force fund managers to own up.

In general, the Buzz respondents despaired of the under-30s and their extremely loose grasp of retirement income.

Almost half of this week's respondents were unsure if annuity brokers charge too much, while a third said they did and a fifth said they did not.

Just over half of participants said employers should be able to cut older employees' hours to help recruit apprentices, whereas around a third said they shouldn't.

The Department for Work and Pensions (DWP) has published its evaluation of auto-enrolment (AE) so far.

JLT’s Mark Wood says DA could save some final salary schemes but shut others

Gatemore's Mark Hodgson says the lifeboat fund's strategy has much to recommend it

Consultants fail to meet schemes' growing demand for investment stewardship advice, the National Association of Pension Funds (NAPF) says.