Lindsay Tomlinson, outgoing chairman of the National Association of Pension Funds, told delegates at the NAPF annual conference today the organisation is solvent, respected and in good shape, but the pensions industry needs to get better at working together in a tough economic climate.

He said he is happy the organisation is "no longer a DB club" that only defends the interests of old-style defined benefit final-salary pension schemes, but an inclusive "workplace pensions lobbying organisation".