Martin Gilbert: Financial services industry must be part of the country's long-term care solution

Forecasts 'enormously' under-predict growth in life expectancy

The stockmarket sell-off last week was long overdue. As I said in my previous column, there was an air of complacency, writes Martin Gilbert, co-CEO of Aberdeen Standard Investments.

Fundamentals are likely to come back to the fore and indiscriminate rises in asset prices experienced in recent years largely due to quantitative easing are a thing of the past. Away from volatile markets, my attention last week was drawn to news Lord Sutherland of Houndwood had passed away. It was a reminder that while the ups and downs of markets are important, it is crucial to appreciate and understand the needs of clients who give us their hard-earned money to manage. Many do so with the ambition of having a comfortable and enjoyable retirement. Martin Gilbert: Why investors...