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Read the latest financial news and updates from the Lifeplan team.

A wooden anchor on a beach.

Does anchoring bias affect your financial decisions?

Category: News

Anchoring bias is a common cognitive phenomenon that could affect your day-to-day and long-term financial decisions. The good news is that there are ways you could minimise the effect of bias, including anchoring. First, what is a financial bias? The term refers to mental shortcuts and errors you might make when processing financial information that

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A person looking at a stock market graph on a tablet.

Investment market update: August 2024

Category: News

August was a rollercoaster month for investors, with the global stock market experiencing significant volatility. Read on to find out what may have affected your investments. Many market indices saw sharp falls early in August sparked by fears that the US is on track for a recession. However, investors are likely to have experienced some

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A woman sits in a dark bedroom looking sad.

How to beat the winter blues this year

Category: News

Have you noticed your mood changing as the nights start to draw in? You’re not alone. In fact, researchers believe that around 3% of people are affected by seasonal affective disorder (SAD), otherwise known as “winter depression”. However, there are some simple steps you can take to reduce the impact the winter blues have on

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