Every fortnight under the title of 'Ties are optional', Les Conway shares his thoughts about what’s going on in the World and how it can affect and impact your lifestyle and finances. Feel free to sign up here to subscribe to receive.
Posted by siteadmin on Wednesday 28th of September 2016
'So what makes you different from all the others out there doing this?'
It’s a question I’ve been asked many times in the past, usually during one of my Discovery Meetings with clients.
If I was allowed the luxury of four words to explain, I’d go with ‘I do things differently’. And if I had to sum it up in a single word it would be ‘innovation’.
There are many financial planners out there. Some very good, some not so good and many just very average.
Now I’m not criticising people in my profession, far from it. In fact the good ones have ...
Posted by siteadmin on Wednesday 14th of September 2016
'If you think it’s expensive to hire a professional to do the job, then wait until you hire an amateur.’
The quote above came from the legendary American fire fighter Red Adair. A lot of you will have heard of him but some of you might not have so let me give you a very brief bio.
From the 1950s to the early 1990s, Red was THE go to guy when there was a fire. Actually let me clarify that last statement. Red was the global expert when it came to oil well fire fighting.
Along with his well trained team, he extinguished dozens of huge fir...
Posted by siteadmin on Wednesday 31st of August 2016
During the past quarter of a century since I began working within the financial services industry, I’ve experienced a range of reasons why people come to me for help.
It’s typically a change in their circumstances of some kind or an unexpected event which moves them to pick up the phone requesting an opportunity to discuss their concerns, issues and plans (or in many cases with the latter, the lack of one).
Below are the most common reasons as to why people get in touch. The list is by no means endless or exhaustive and on a monthly basis...
Posted by siteadmin on Wednesday 17th of August 2016
Way back in 1979 a group of students at Harvard Business School were asked a simple question - 'Have you set clear, written goals for your future and made plans to accomplish them?'
The results were surprising considering that the students were some of the brightest sparks in North America:-
- 84% had no specific goals at all
- 13% had goals but they were not committed to paper
- 3% had clear, written goals and plans to accomplish them
Fast forward ten years and the researchers revisited the same group of students who were now making thei...
Posted by siteadmin on Wednesday 3rd of August 2016
Many will recall the publicity surrounding the Government changes to the way people over 55 could access their pensions back in April 2015.
The so called Pensions Freedom Act meant that people over this age could get access to their pension pots where as George Osborne, the then Chancellor of Exchequer said 'Pensioners will have complete freedom to draw down as much or as little of their pension pot as they want, anytime they want'.
But this liberating move also set free darker forces intent on hoodwinking people out of their hard earned m...
Posted by siteadmin on Wednesday 20th of July 2016
The past three weeks have been dramatic to say the least.
England were rubbish at the Euros (again), Lewis Hamilton and Andy Murray showed their sporting class (what would we do without them bless 'em) and just in case you missed it, the political landscape in the UK has changed beyond recognition.
Whilst we currently live in uncertain times, there’s no need to feel helpless. You can control certain aspects of your life, your financial planning and indeed your future.
The new Prime Minister Theresa May has been installed in a matter of da...
Posted by siteadmin on Wednesday 6th of July 2016
I’m nervous, or maybe it’s excitement, I can’t quite work it out yet. Probably best to describe it as nervous excitement.
Next week I’m heading off to central France to take part in a 24 Hour Kart race at the citadel of endurance motor sport - Le Mans.
This has been on my bucket list for some time and I’ll be racing as part of the CSMA Boundless Le Mans Racing Team. The event runs from the 15th to 17th July. Set up is on Thursday 14th with Free Practice on Friday 15th. Qualifying will be on the morning of the 16th with the Race commencing ...
Posted by siteadmin on Friday 24th of June 2016
I don't normally issue interim comment but thought it appropriate here albeit that I am still on Holiday in Sardinia.
I’ve always believed that a) whatever the outcome we’ll be fine as a country although there would be a period of uncertainty and b) it was right to give people their voice.
Likewise that as the Conservatives didn’t expect to get a majority win last year and as any government would have had to do at some point, they’ve got it done and having done so, can claim the morale ground and given themselves four years to recover prior to...
Posted by siteadmin on Tuesday 21st of June 2016
Some of the debates around the EU Referendum (on both sides) have predicted almost apocalyptic scenarios depending on the result.
The Brexiteers say we’ll be doomed if we vote to stay in and the Bremainers claim we’ll descend into financial meltdown if we leave.
I chaired a debate hosted by the Pinner & Northwood Business Club last week focusing on the question of the EU Referendum and it was indeed a very interesting and lively evening. Many people changed their view from when they registered in a closing poll taken after hearing from th...
Posted by siteadmin on Wednesday 8th of June 2016
One of the big milestones for any young adult is gaining their full driving licence. It opens up a new world of freedom and independence and takes the burden off of the mini cab company otherwise known as mum and dad.
I saw a statistic the other day that said the number of people being taught how to drive by a friend or family member was declining rapidly.
Why? Well the report said that it is down to people realising that professional driving instructors can help them pass their test more quickly and conveniently.
As you’ve gathered thro...