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

FMA to oversee ‘regulatory sandbox’ for fintechs
Finance

FMA to oversee ‘regulatory sandbox’ for fintechs

The initiative aims to speed up financial services innovation and regulation in NZ.

Todd Corp: what went wrong?
Finance

Todd Corp: what went wrong?

A dividend freeze as the family empire rebuilds for the future.

BNZ defends profit as essential to attract capital
Finance

BNZ defends profit as essential to attract capital

The last major bank, BNZ, has fronted up to Parliament.

RBA’s policy shift brings February cut into focus
Finance

RBA’s policy shift brings February cut into focus

The central bank’s assessment reflected growing confidence that inflation is being tamed.