This is an updated edition of "Success in Investment" which takes account of recent trends and developments in the world of investment. The book is intended for use in: the "Investment" option of the Chartered Institute of Bankers Associateship examinations; the "Investment Analysis" and "Private Client Investment Advice and Management" papers of the Securities Industry examinations; the financial management papers of accountancy examinations such as those of the ACCA, ICA and CIMA; the investment and finance aspects of CII, SIA and ICSA examinations; and undergraduate and BTEC Higher National courses in business and finance. The book is also intended to be useful to the general reader and the individual investor who is interested in investment issues such as privatization, retirement planning and so on. Updates to the fifth edition - which includes coverage of the Finance Act 1993 - encompass income tax; share ownership transfers; Friendly Societies' bonds; mortgages and owner-occupied property; share and debt analysis accountancy procedures; capital gains tax; Personal Equity Plans; marketing of gilts; personal portfolio planning; and new actuaries' indices.