Tracy Sumstad, Author at Oaktree Financial Services

Defined Benefit Pension Scheme Options

by Tracy Sumstad | Jan 20, 2022 | Pensions

Pension arrangements generally allow members to transfer their pension benefits from one arrangement to another. The transfer rules depend on the arrangement you are transferring from and the arrangement you are transferring to. Types of Pension Benefits that...

3 Reasons to Start Investing

by Tracy Sumstad | Nov 16, 2021 | Savings & Investments

Investing may seem like a very complicated and daunting thing to get into for those with little to no experience. However, it is actually much simpler than you might think. You don’t need to be the next Warren Buffet to be a successful investor. You have to start...

It’s Never too Soon to Start Your Pension

by Tracy Sumstad | Sep 23, 2021 | Pensions

Pensions are often overlooked and put off until later in life. Many people in their 20s and 30s put their pension on the long finger, as it may not be a priority. However, starting early is the best thing you can do for your pension and it doesn’t cost as much...

Why You Should Have a Financial Plan

by Tracy Sumstad | Aug 25, 2021 | Financial Tips

Financial Planning isn’t just about budgeting, saving, or investing. It is about putting all the aspects of your life together to create a plan that suits you perfectly. Having a Financial Plan is essential to get the most out of your money and prepare you for...

Understanding Investor Behaviour

by Tracy Sumstad | May 19, 2021 | Savings & Investments

When it comes to money and investing, we are not always as rational as we think we are. Consequently, there is a whole field of study that explains our sometimes ‘strange’ behaviour. During the investment process, investors often experience the ‘roller coaster of...