Christine Farnish

Treasury announced abolition of service in March

Organisation's tools and services to be carried forward

Crowdfunded Rebus lost £800k

More people are using the adviser directory

The National Association of Pension Funds has announced Joanne Segars will take over from Christine Farnish as chief executive of the organisation.

The chief executive of the National Association of Pension Funds is leaving to join Barclays Bank.

The NAPF says three-quarters of final salary schemes are now closed to new members, with the next ‘big wave of change' being to close such schemes to existing members, because firms find them too expensive.

Three out of four employers with final salary pensions say they are certain to face future funding dilemmas, indicates new research from the National Association of Pension Funds.