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Auckland Council is pulling out of one of its investment funds because its manager will not say if it owns shares in companies that make cluster bombs and mines. Audio
The government has no plans to review the law to stop KiwiSaver funds investing in controversial weapons, the Commerce Minister says.
Two government trusts have been found to have small amounts invested in companies that make controversial weapons and tobacco products.
BNZ has joined the other eight default KiwiSaver providers in reviewing or ditching investments in companies that make contentious weapons.
Amnesty International has filed a complaint with police about KiwiSaver providers investing in cluster bomb makers.
The Labour Party says the Commerce Minister should step in to ensure KiwiSaver providers are not investing in the manufacture of cluster bombs.
Public servants' retirement savings are being reviewed after it has been revealed some of the money is invested in weapons manufacturers.
The Grosvenor Default Saver Fund is moving its investments out of a fund that has shares in companies making cluster bombs.
Professor of Photography and Head of Belfast School of Art at Ulster University, acclaimed internationally for his depictions of political and social conflict, who visited New Zealand to deliver the… Audio, Gallery