Author Archives: ross@planrfp.co.uk

The last few years have seen volatile investment markets due to the pandemic, lockdowns, and fears that high inflation could lead to economic recessions. Looming general elections could mean investors continue to experience ups and downs throughout 2024. UK prime minister Rishi Sunak is expected to call a general election at some point in 2024. […]

When creating a financial plan, you often start with your goals. After all, setting out your aspirations first lets you create a plan that’s tailored to you. Yet, understanding your numbers is just as crucial for successful financial planning and they could help you understand the effect of your decisions. So, which numbers are the […]

Pension savers dubbed “triple defaulters” could be overlooking small changes to their pension that may make their long-term finances more secure. Have you reviewed these three important pension decisions recently? According to a survey from Aviva, millions of workers who have been auto-enrolled into a pension scheme have never updated their contributions, investment choices, or […]

Retirement can be an exciting milestone, but one that you might feel nervous about too. Setting out how to achieve the retirement lifestyle you want could help put your mind at ease. One of the first things you may have to consider is how you’ll retire – would a phased retirement suit you? Over the […]

While inflation is starting to ease in economies around the world, there are still signs of economic challenges ahead. Read on to find out what affected investment markets in November 2023.  UK  In November, chancellor Jeremy Hunt delivered the Autumn Statement. Despite media suggestions that Inheritance Tax would be abolished, the biggest announcement was a […]

As Christmas approaches, so does the inevitable stress of gift buying. On top of finding presents for your loved ones, there’s always one person you forget.  Whether they’re an unexpected addition to the family party or you simply want an extra treat for your friends, you may need to quickly source an additional gift. You […]

With the cost of living soaring and mortgage repayments rising, making additional payments on your home might be the last thing on your mind. Yet, if you’re in a position to do so, it may cut the cost of borrowing over the long term.  To tackle rising inflation, the Bank of England (BoE) has increased […]

If you want to start investing or would like to boost an existing portfolio, your mind might turn to using a lump sum. However, there could be benefits to drip-feeding your investments instead. Drip-feeding means you slowly add money to your investment portfolio. So, rather than investing £10,000 straightaway, you might increase your investment portfolio […]

It’s the season for giving. This Christmas, you might be thinking about how you could improve the security of your loved ones by gifting them money or assets. Read on to discover five potentially useful allowances that you might want to consider if your estate could be liable for Inheritance Tax (IHT). Some gifts are […]

Financial reviews provide you with a chance to ensure your financial decisions continue to reflect your goals and circumstances, and to assess if you’re on track. They could also be a useful way to reduce behavioural bias. Over the last few months, you’ve read about why financial reviews are important and why you may need […]