Making our Story of the Week is news that the National Government has released a list of action points that has been welcomed by Financial Advice NZ…
The new National government has released a list of action points, and it’s what is not on the list that’s caught the attention of Tony Dench, interim CEO, Financial Advice NZ.
“We are pleased that the [government’s] 49 action points exclude the review of the Credit Contracts and Consumer Finance Act 2003 (CCCFA),” says Dench. “The breathing space is appreciated by our advisers.”
“The adviser sector has worked hard to lift the profession while supporting clients during a stressful time. A time when there has been significant financial uncertainty for many individuals and businesses.”
Dench says he will continue to champion issues that are important to advisers working in insurance, lending, investment, and financial planning, and “…the sound work done on conduct and culture”.
“I look forward to engaging with the new Ministry of Regulations, and the Minister of Regulation and Associate Minister of Finance, David Seymour. He knows and understands the sector well,” says Dench.