'There's always an opportunity to make money'

LESS influential banks, evolution in regulation and new opportunities for investing are all prospects for a much-changed financial services industry in 20 years' time.

The model may change – radically, some believe – but there will still be opportunities for people to make money, Jon Moulton, pictured, told the Guernsey Funds Forum.

'There's always opportunity,' he said.

'I always point out, the lads who cleaned the beaches at Dunkirk made a lot of money.

'There's always opportunity, whatever the state, for the bright, lively and properly positioned.'