Last week an announcement was made by the government surrounding changes to default KiwiSaver funds. In a bid to align with the zero-carbon bill, in 2021 when the terms of default KiwiSaver end, they will no longer be able to invest in fossil fuels or illegal weaponry. As well as this, the default funds will change from conservative to balanced. James Tapp discussed these changes with Aaron Gilbert.
Aaron Gilbert is an Associate Professor of Finance at AUT. He is an expert in the role of regulations on financial markets.
This interview was originally aired on 95bFM’s weekly news and current affairs show The Wire. For more stories like this click here.