Nick returns to chat to Ken about the new Credit Contract and Consumers Finance Act and why a principles-based legislation with no bottom line to reference will always result in institutions acting conservatively so they don't get made an example of.

Topics include the origins of world-famous-in-Hastings meatballs, the value of local help, and the unfortunate timing (and handling) of the CCCFA.

Read the article:

https://www.stewartgroup.co.nz/we-love-to-write/2022/1/31/for-want-of-a-nail

• Nick Stewart is a Financial Adviser and CEO at Stewart Group, a Hawke's Bay-based CEFEX certified financial planning and advisory firm. Stewart Group provides personal fiduciary services, Wealth Management, Risk Insurance & KiwiSaver solutions. 
• The information provided, or any opinions expressed in this show, are of a general nature only and should not be construed or relied on as a recommendation to invest in a financial product or class of financial products. You should seek financial advice specific to your circumstances from an Authorised Financial Adviser before making any financial decisions. A disclosure statement can be obtained free of charge by calling 0800 878 961 or visit our website, www.stewartgroup.co.nz

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