Christopher Davis, an analyst at Morningstar, says that the biggest advantage of actively managed funds is the expertise behind them: A professional manager can judge when a company is financially solid enough to maintain, or even raise, its current dividend, and it might be tough for casual investors to make that call.

WSJ: Investors Buying Dividend Stocks for Income Are Taking On a Lot of Risk.

We believe that professional reviewers are able to remain objective and more accurately judge an apps quality.

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Mrs Cannings said she was "disappointed and disheartened" by Judge Collins' ruling, while a Clark family solicitor said professional bodies had been "neutered".

BBC: NEWS | Health | Experts buoyed by Meadow ruling

The judge also suspended the charity's trustees and ordered that its professional fundraiser, Tony Freeman, should not be involved in the management or control of the charity.

BBC: Charities watchdog call

Conrad Black, at the high end, has a scary and persuasive picture of how his counsel, the judge, and the prosecutors all merrily congratulated each other on their combined professional excellence just before sending him off to the hoosegow for several years.

NEWYORKER: The Caging of America

In my case, he let loose the ethics investigators of the Justice Department's Office of Professional Responsibility (OPR) to smear my reputation and that of Jay Bybee, who now sits as a federal judge on the court of appeals in San Francisco.

CENTERFORSECURITYPOLICY: My Gift to the Obama Presidency