Chris Budd: The emergency financial plan

The cashflow forecast

clock • 3 min read

Financial advisers may not be emergency workers, but Chris Budd believes he may have once helped saved the life of one by creating a financial plan...

Financial planning is a process that takes time over the course of many meetings. It needs questioning, contemplation, investigation, consideration. It is not a process that you always think of as being part of the emergency services. I envisage the paramedics in their ambulance, followed by the Blood Bank motorcyclist, followed by a five series BMW. They arrive at the scene, and immediately start asking questions. "Is the patient breathing?" "What blood type is the patient?" "When did the patient last have a pension review?" The emergency pension I did once have an eme...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Targeted support signals evolution in advice delivery

Targeted support signals evolution in advice delivery

Softer launches expected at first

Isabel Baxter
clock 10 April 2026 • 1 min read
CII: Vulnerable client management is 'an opportunity for growth'

CII: Vulnerable client management is 'an opportunity for growth'

Firms can expand potential client bases

Isabel Baxter
clock 07 April 2026 • 2 min read
Common language used by advisers triggers anxiety and distrust among retirees

Common language used by advisers triggers anxiety and distrust among retirees

Product-led communication one of the biggest drivers of mistrust

Laura Purkess
clock 01 April 2026 • 1 min read