Tamsin is a financial planner at Cheshire-based Smart Financial and plays a leading role in its client-facing team, with responsibility for looking after a large section of its valuable client base as well as forging close working relationships with many of our strategic business partners. She has a strong background of 15 years within the financial services profession and is exceptionally well qualified being a certified financial planner, chartered financial planner and a fellow of the Personal Finance Society.

Last year Tamsin successfully completed her masters in business management and financial planning. Here she discusses her chosen topic of loss aversion and why she believes behavioural finance is as crucial to financial planning as technical knowledge.

Tell us more about your masters degree

I concentrated on loss aversion and the theory connected with gambling – that if you lose a lot of money, rather than stopping taking risks, you actually take bigger risks to try and recoup your losses.

It was about 4 years ago when I first heard from Trevor Williamson of Manchester Metropolitan University about the Masters in Business Management and Financial Planning. He was speaking at a CII event to encourage planners to take up the challenge. As a Fellow of the CII, it would take me only 9 months, by distance learning, to complete the course. I work full time and have two children but surely I could manage that.