Is Financial Planning Fit for Purpose?

A financial plan is the starting point for sensible investment and financial decisions.  It helps to identify future needs and it will inform investment time horizons, required rates of return and capacity for loss. Financial planning methodology however has a fundamental flaw.

Now is the time to re-evaluate the purpose and methodology of the financial plan, so that it can become a powerful force for good.  The main takeaways from this presentation will include an understanding of the following:

• What is a financial plan?
• A critique of the BAU methodology widely in use
  • Do the assumptions remain reasonable in the face of climate breakdown?
  • Consumer duty and the need to ‘avoid foreseeable harms’ and provide for informed choice.
• The 4 Principles of Sustainable Financial Planning
• How sustainable financial planning can contribute to system change.