The Financial Services Council hopes with a new prime minister and deputy, the government will review KiwiSaver and defer the New Zealand Income Insurance Scheme.

The NZ Super Fund is looking to partner with another external fund manager this year to gain more exposure to sustainable transition investment.

An analysis by the Financial Markets Authority of key risks for managed investment schemes has found robust controls across the sector, pockets of concern and emerging concerns around cybercrime and climate-related disclosure obligations.

Advising on responsible or ethical investment takes time and dedication so financial advisers Chelsea Traver and Mike Ross decided to specialise in it.

Two years ago Cambridge-based advisers Moneyworks committed to ethical investing but the first inkling that clients might want this type of offering actually appeared in the nineties.

Following a strategic shift from responsible investment to strategic finance and reorienting to a Paris-aligned index, the NZ Super Fund has committed $157 million to a US fund that will invest in climate change solutions.

The Financial Markets Authority (FMA) has filed civil High Court proceedings against Tiger Brokers for allegedly breaching the Anti-Money Laundering and Countering Financing of Terrorism Act.

With the final climate standards released this week, New Zealand listed companies are tracking behind carbon targets but are well positioned for next year’s carbon disclosure legislation according to a new Carbon and ESG ratings report.

The External Reporting Board (XRB) has published the Climate-related Disclosures standards.

Generate is the third KiwiSaver scheme to invest in venture capital putting $20 million into New Zealand’s largest VC firm Movac.

Asset managers in a climate initiative such as NetZero Asset Managers or the Investor Group on Climate Change, have much higher carbon intensity in their portfolios than those which aren’t members of such groups, according to new research.

Big KiwiSaver managers continue to ramp up use of digital tools to steer jittery investors and beleaguered KiwiSaver members onto the right investment path.

One day after Sharesies announced its entrance into the KiwiSaver market early next year, 7000 people have joined its waitlist, the bulk of them existing members of the online investment platform.

The US state of Florida has said it will pull US$2 billion worth of its assets from BlackRock, the world’s biggest fund manager which manages or holds shares in many New Zealand companies.

New data from media audience measuring company Nielsen shows that 82% of Kiwis between 55 and 64 years old are thinking about retirement, with 26% (163,000) having made no solid plans, 33% (205,000) in the process of planning, and 23% (142,000) with plans already.

What should the local industry make of the offshore backlash against ESG ratings?