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.

Keep the End in Mind

Posted by siteadmin on Friday 30th January 2015

Last week, I made a radio appearance on Harrow Community Radio FM talking about the importance of having an exit strategy particularly when running a business.

It was great to have a chat and share my thoughts with Margo Manning who presents the station’s business show. I’ve often been told that I have the face for radio and it was good to put that to the test.

I’ve worked with numerous clients who have successfully effected an exit strategy who required ...

Blue Monday and the Piggy Bank Principle

Posted by siteadmin on Friday 16th January 2015

The Holiday season is now just a faded memory. But for some people the high jinks, gift shopping and partying is a hungry chicken making its way home to roost as Blue Monday is looming.

For those of you not familiar with it, Blue Monday falls mid to late January and is reportedly the most depressing day of the year.

So depressing is this date, that a mental health charity researched a formula showing why it’s such a miserable day. It’s called WTD and goes as f ...

Why planning pays dividends

Posted by siteadmin on Friday 2nd January 2015

Looking back, 2014 was a good year. We moved offices, been busier than ever and look forward to the future with confidence.

I really like this time of year as it gives me an opportunity to reflect and more importantly to plan ahead. I’ve often been called organised, some might even say a control freak (particularly my dear wife).

The need to plan and be prepared stems back to my early working days. I started my working life as an apprentice at my Dad’s pre-p ...

Making a Positive Statement

Posted by siteadmin on Friday 12th December 2014

The big news in the financial world was last week’s Autumn Statement from the Chancellor, George Osborne.

It contained a host of really progressive ideas. The headline grabbers relating to the changes to Stamp Duty and the way ISAs (or NISAs as they are now known) are implemented.

I don’t have the space in this blog to go over the changes in detail but I’m happy to have an informal chat to go over them with anyone interested in finding out more.

A ...

Congratulations, commitment and partnerships

Posted by siteadmin on Friday 28th November 2014

I’m writing this just twenty four hours after Lewis Hamilton sealed his place in history by becoming the first British driver to win the Formula One World Championship more than once since Sir Jackie Stewart over four decades ago.

Motorsport is my big passion. It has been since I was a young teenager although it had caught my interest at an even younger age, particularly with my Scalextric. There’s just something about the sport that resonates with me. I really c ...

To share is to enjoy

Posted by siteadmin on Friday 14th November 2014

It’s been a really busy start to the month.  Along with running Essentially Financial and juggling family commitments, I’m still squeezing in consultancy work and volunteering.

I’m writing this blog today just before I head off to give a talk to staff from the Chartered Insurance Institute (CII).

The topic of my presentation is based around the question - What is Financial Planning?

When you ask people as to whether they know what a Financial Advi ...

Have I got News for you

Posted by siteadmin on Friday 31st October 2014

Ebola, unsettled financial markets and the UK government being hit with a £1.7 billion bill from Brussels. All stories which have topped the news agenda recently.

Not exactly reasons to be cheerful that’s for sure. But my take on all of these and much more is to use the popular ‘Keep Calm and Carry On’ motto.

Financial markets are reactive and just like an anxious thoroughbred horse, they can get spooked very easily from time to time. Sometimes without reason ...

Size isn't Everything and the Power of Perception

Posted by siteadmin on Friday 17th October 2014

We all know about the power of a placebo. The magic pill which supposedly cures all ills.

Numerous studies have shown the impact a placebo can have on making people feel better. This is despite them having no medicinal or physical benefits at all.

You benefit from it because you’re told it’ll do you the world of good and therefore your perception of it is positive.

In the world of financial planning perception can also be a powerful thing.

Scotland decides, local businesses unite and the sun bed beckons

Posted by siteadmin on Friday 3rd October 2014

So the dust has settled on the decision by Scottish voters to remain a part of the United Kingdom.

Prior to and since the referendum I’ve been asked several times by people what does it mean for the money markets?

Well the financial world loves stability and now that the decision has been made to stay united, the union share prices have been positive and the pound surged.

Had the vote gone the other way then that would have had a big, harder to predi ...

Why no tie?

Posted by siteadmin on Friday 19th September 2014

I’m a father of two, a motorsports fan and a financial planner with an office in the lovely Middlesex village of Pinner.

Over the next few months I’ll be sharing my thoughts, observations and ideas about the importance of planning your finances for life and my general musings.

If you are wondering why the blog is called ‘Ties are optional’ let me shed some light on it for you.

I’ve been a financial planner for nearly twenty five years and during that time th ...


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