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Farnish quits FSA to be NAPF chief

FSA consumer division director Christine Farnish is quitting the regulator to become chief executive of the National Association of Pension Funds.

Farnish has been at the FSA since 1998, during which time she has spearheaded the increasingly higher-profile role of the regulator&#39s consumer division.

Her legacy at the FSA will be the introduction of comparative information tables, decision trees and the consumer website offering generic financial advice.

Farnish also chaired the FSA panel investigating the use of past performance in ads, which has recommended that performance should no longer be the most prominent message in an ad.

She has also been at the forefront of the regulator&#39s warnings of endowment shortfalls. Her role at the FSA secured her the position of 23rd in Money Marketing&#39s recent Power & Influence list.

Prior to joining the FSA, Farnish was deputy director general at Oftel, having spent many years in senior positions in local government.

She will take up her new post on July 1 and takes over from acting chief executive Jenny Rosser who is retiring.

Farnish plans to bring her experience of championing consumer rights to improve pension provision for occupational scheme members.

She says: “Pensions are at the forefront of the political and media agenda and I am relishing the opportunity to play my part in this crucial national debate.

“My principal objectives will be to build on the services available to NAPF members and to play a full role in influencing policy at both UK and EU levels.”

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Teather & Greenwood Investment Management – TGIM Sipp

Friday, 17 May 2002 Type: Full Sipp Minimum investment: Lump sum £75,000 Investment choice: All Inland Revenue permitted investments Administrator: Wolanski & Co Trustees Charges: Initial £350, annual £400 Commission: Subject to negotiation Tel: 020 7426 9003

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