EcoGEOS > Act now: NZ Superannuation Fund investments in death and destruction

Investment Watchhttp://investmentwatch.wordpress.com/2008/04/16/act-now-nz-superannuation-fund-investments-in-death-and-destruction/ [Investment Watch] Some MPs have already told people from their electorates that “the government, in framing the legislation which governs the operation of the Super Fund, expressly decided that responsibility for determining the investment strategy of the Fund should rest with independent investment experts (the Board of Guardians), and outside the sphere of politics” - you could point out that this is a lame excuse for inaction in the face of injustice, if the legislation was framed that way, it can readily be changed so that the government takes some responsibility to ensure the investments are ethical and that they do not breach NZ legislation, nor internationally binding legal obligations.

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