Author Archives: ross@planrfp.co.uk

How many times have you told yourself that you need to do more exercise, started a new routine, and then stopped it altogether after a few weeks as you just don’t have the time? This cycle of wanting to get healthy, trying your hardest, and then being put off by the physical and time demands, […]

Rising interest rates have been big news over the last couple of years, with many mortgage holders seeing their outgoings increase. It’s not just individual families that have been affected, it’s having a wider impact on the property market too. To tackle high inflation the Bank of England (BoE) started increasing its base interest rate […]

2 in 5 UK retirees have retirement regrets, according to a Canada Life survey. If you’re saving towards your future, you could learn some valuable pension lessons and avoid repeating the same mistakes. Securing the retirement you want often means thinking about this milestone many years before you celebrate it. One of the key challenges […]

As financial planners, we often talk about the importance of working towards long-term goals and security. As part of your financial plan, you might be putting money into a pension for retirement or building an emergency fund to safeguard your finances if you experience a shock. Considering your long-term ambitions is often important for turning […]

Impulsive decision-making can be useful in some circumstances. Yet, when it comes to finances, it could lead to choices that aren’t right for you and even harm your long-term financial security. Read on to find out how you could cut the effect of impulsive financial decisions. When you think of impulsive financial decisions, your mind […]

Consider the benefits of financial planning. If the first advantage that comes to mind is the opportunity to grow your wealth, you might be overlooking some of the intangible benefits that could improve your wellbeing. Last month, you read about the potential financial benefits of working with a financial planner and how it could help […]

Every year, the UK celebrates Small Charity Week. The event’s goal is to raise awareness for the thousands of local causes which make a huge difference to vulnerable communities across the UK and the rest of the world. This year’s theme is “Resilient Charities for Stronger Communities”, and the movement is encouraging everyone to get […]

Affordability challenges mean more people could near retirement with outstanding mortgage debt. It could affect your retirement plans or mean your income once you give up work doesn’t stretch as far as you expect. If you’re approaching retirement with a mortgage, read on to find out what your options may be. The effect rising house […]

“Loss aversion” is a type of bias that could affect how you manage your finances. It’s a concept that was developed by renowned psychologist Daniel Kahneman, who won a Nobel Prize for his influential work and sadly passed away in March 2024. To celebrate his life, read on to find out more about loss aversion […]

When you set out how to reach your financial goals, you might think about the steps you need to take. Just as important could be considering how the unexpected might affect your financial plan. Read on to find out how the unexpected may affect you and how an effective plan could keep you on the […]