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Analysts in bullish mood

Maximised employment

Vote Leave wins by 51.9%

Did the Swiss franc just become the new Deutschemark?

Most people don't know what investment management is and even fewer understand what asset managers do. But what this industry does is really important, both for individuals and the economy as a whole.

Today's censure of Capita Financial Managers (CFM) by the FSA is a damning indictment of the firm's failings - and a vindication of advisers' pleas.

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One of my favourite films from the early 1980s is "The Long Good Friday". Despite the fact that Bob Hoskins' character is a top London gangster, one warms to his personality. And, in the final scene of the film, one even has pity for his predicament....