Author Archives: ross@planrfp.co.uk

During the Autumn Budget, chancellor Rachel Reeves unveiled an increase to Stamp Duty that could affect buyers of second homes and property investors. The temporary higher thresholds for Stamp Duty are also set to end in 2025 and could lead to larger tax bills when buying property. Read on to find out what you need […]

Charles Dickens’ classic tale of Ebenezer Scrooge being visited by three ghosts in A Christmas Carol has been retold countless times. And there are some lessons about building an effective financial plan you could learn from the pages. Scrooge might not seem like a character you want to emulate, especially at the start of the […]

Research suggests the fear of running out of money later in life could be holding back millions of retirees. While spending too much too soon is a risk for some retirees, it could also mean you miss out on the lifestyle or experiences you’ve been looking forward to. According to a report in MoneyAge, 30% […]

Subconscious bias can affect your financial decisions. They might mean you make decisions that aren’t right for you. Setting a goal could help reduce the effect bias has. Read on to discover three reasons why. Cognitive bias is an error in cognition that can happen if your personal beliefs or experiences affect a decision you’re […]

As 2025 draws nearer, now is the perfect time to think about your aspirations for the year ahead and beyond. Read on to discover some simple questions that may help you assess if your life goals have changed. Last month, you read about 10 financial tasks to complete to get your finances on track for […]

Paying off your mortgage might come with a sense of relief and far more financial freedom. If reaching that milestone as soon as possible is one of your goals, there are ways to pay off your mortgage quicker. Being mortgage-free could open up doors for you. Without mortgage repayments, you might be able to travel […]

If you’re working and contributing to your pension, you might think you don’t need to do any more retirement planning just yet. However, seeking retirement advice in your 30s and 40s could mean you’re in a better position when you’re ready to give up work. According to a survey published in IFA Magazine, putting off […]

Lifetime cashflow forecasting is a core part of financial planning that could help you understand how your future may look. It could provide essential information that means you’re able to feel confident about what’s to come and the decisions you make. Read on to find out how it works and why it might be valuable […]

You might think of your financial plan as being a way to help you reach your life goals. But it could benefit more than just you. As a financial plan focuses on your goals, you might choose to include ways to create a legacy for your loved ones. It could mean your wealth provides long-term […]

The end of the year is fast approaching, and while your mind might be on celebrating the festive period, it’s the perfect opportunity to tick off some financial tasks you might be putting off. Spending some time going through your finances and thinking about what you want to achieve next year could help you step […]