Govt officials eye default KiwiSaver settings to promote ethical investment

Govt officials eye default KiwiSaver settings to promote ethical investment
Paul McBeth
By Paul McBeth Aug. 7 (BusinessDesk) - Ministry of Business, Innovation and Employment and Treasury officials want feedback on whether the government should alter default KiwiSaver provider settings to promote responsible investment.  The government departments are holding their seven-yearly review of the nine default scheme providers, whose contracts expire at the end of June 2021. Among the issues they're seeking feedback on is whether default KiwiSaver funds should be required to invest ethically or provide better information on a sche...

More Finance

First there was Word, then came inflation
Finance

David Chaplin: First there was Word, then came inflation

The Reserve Bank thinks it has tamed the beast – but costs are still rising. 

Wisdom from Milford’s ‘oldest’ fund manager
Finance

Wisdom from Milford’s ‘oldest’ fund manager

Stephen Johnston has been watching markets since 1997.

Gregor Thompson 09 Jan 2025
RBNZ issues first non-bank deposit-taker licence in nearly a decade
Finance

RBNZ issues first non-bank deposit-taker licence in nearly a decade

The Reserve Bank of New Zealand has issued a non-bank deposit taker licence to newly formed finance company Welcome.The last time the central bank issued a license was in 2017 to Christian Savings, which was previously licensed as Christian Savings Incorporated, according to the...

Staff reporters 08 Jan 2025
How tax rules discourage wealthy investor migrants
Finance

How tax rules discourage wealthy investor migrants

Covid refugees facing a four-year time limit on tax status are forcing the issue.

Pattrick Smellie 06 Jan 2025