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The Chancellor is expected to offer a lifeline to six million children by allowing savings in child trust funds (CTFs) to be switched into Junior ISAs (JISAs).

Lighthouse group has reported losses of £4.6m in 2012, up from a loss of £2.7m in 2011.

Advisers should consider selling their businesses within the next 18 months before prices offered by consolidators fall, according to a consultancy firm.

The Financial Conduct Authority (FCA) has appointed three chairmen, including the chief executive of Nationwide, to lead the independent panels set up to represent its constituents' interests and provide independent views to the regulator.

UK CPI inflation rose from 2.7% to 2.8% in February as rising energy prices pushed the reading to its highest level since May of last year.

The incoming Financial Conduct Authority (FCA) has outlined how it plans to use new powers permitting it to publish details of enforcement cases at one of the earliest stages of its proceedings.

Fay Goddard, the current chief executive of the Personal Finance Society (PFS), is to join Lighthouse Group as a non-executive director next month.

Peter Craddock, the group operations director at Perspective Financial Group, has been appointed to the board of the Association of Professional Financial Advisers (APFA).

MOVERS & SHAKERS

The Financial Services Compensation Scheme (FSCS) has cut its interim levy for investment intermediaries for 2012/13 from £25m to £20m, and has said it will not rule out pre-funding as a means of raising cash for the scheme.