Is your KiwiSaver ethical? Sure your provider tells you it is. But exactly how ethical is the question.

Sometimes the razzle dazzle advertising makes certain funds look more ethical than they are in real life. Only 10 per cent or fewer get the tick of approval from two organisations that provide responsible investing certification or searches.

For many, they've only done the bare minimum by removing harmful investments from their line-up. It's called negative screening and it's now the norm in New Zealand and, as one industry person described it this week, "ethical lite".


If you really truly want