Trustees Executors Private Wealth provides a one team approach, a total wealth management service where you can get everything sorted in one place.
Trustees Executors Private Wealth provides a one team approach, a total wealth management service where you can get everything sorted in one place.
Find out how Trustees Executors can help you, whether you are looking for funding from one of the charitable trusts we administer, or are looking to establish a legacy of your own.
We all want a secure financial future for ourselves and those we care about and where you turn for advice is one of the most important decisions you’ll make. Trustees Executors Private Wealth provides a one team approach, a total wealth management service where you can get everything sorted in one place.
Knowing you have taken the right steps to ensure your loved ones are cared for after you're gone is what estate planning is all about.
Talk with one of our Private Wealth experts who will work alongside you to help you make the most of our services.
There are many ways to grow and protect your wealth, and our skill is to help you understand your choices and create and implement a personal wealth strategy to suit your needs. It all starts with a plan.
We are uniquely placed in the market as the only provider of fund administration, corporate trustee and wealth services in New Zealand.
We are uniquely placed in the market as the only provider of fund administration, corporate trustee and wealth services in New Zealand.
We are uniquely placed in the market as the only provider of fund administration, corporate trustee and wealth services in New Zealand.
Expertise you need, service you deserve. As your trusted and independent licensed supervisor, we deliver our regulatory leadership through collaborative partnerships that protect the interests of your investors.
For more than 25-years we have been leading providers of custody, investment accounting and unit pricing services to the managed fund industry.
For more than 25-years we have been leading providers of custody, investment accounting and unit pricing services to the managed fund industry.
Jun 30, 2021
Climate change has fueled controversy, inspired innovation, and led to many broken promises by governments all over the world. While the dangers that it exposes us to in terms of economic disruption, environmental damage, and severe weather become clearer every year, relatively little real progress has been made to date. In the past, this was in large part because climate action was the purview of philanthropists, individual donors, and a few innovative businesses and charities.
Historically traditional investors sought to maximise returns – so businesses naturally endeavoured to maximise short term profits to attract investment. This simply wasn’t compatible with long term systemic investment in environmentally sustainable endeavours. Now, though, New Zealand is working, with the help of major financiers, to leverage the financial sector for the climate.
Sustainable finance is driving change
Sustainable Finance specifically means working in a manner that promotes the long term health and function of our environment, society, and corporate governance. In New Zealand, these efforts are being spearheaded by the Aotearoa Circle’s Sustainable Finance Forum (SFF) – a broad coalition of representatives of financiers, Māori businesses, Kiwi professional services, civil society, academia, and government.
The SFF’s roadmap for action is relatively simple, but ambitious. It focuses on changing the short term profit-driven mindsets of major actors in the financial system, transforming the system to become sustainable, and financing that transformation. Ultimately, that means reinventing the financial system as one that prioritises all stakeholders, rather than just shareholders in order to provide long term environmental, social and economic prosperity. This means operating within environmental and social constraints to develop the world for future generations.
Sustainable finance offers solutions for climate goals
The long term economic risk of not fighting climate change is extreme, but long-term risks aren’t inherently a concern for traditional short-term investments. This means that most actors in the financial system have been incentivised to disregard the climate impacts of their short term investments. The result of this was decades of investment activity that not only failed to address climate change, but accelerated the problem.
New Zealand’s push for sustainable finance is also, then, a call for companies to consider the long term impacts of their short term endeavors.
New Zealand’s disclosure bill is set to realign investor perspectives
Starting in 2023, New Zealand’s largest companies will be required to disclose the impacts of their business on climate change and how they plan to navigate climate-related risks. By requiring major banks, insurers, and investment funds to do this, the government wouldn’t just be directly putting pressure on large institutions, but also seeking to empower small investors through transparency.
Providing information on climate risks specifically offers an increasingly critical data point. Investors who understand the direct impact of an investment – beyond the simple monetary return it generates – will be able to make better choices about how to invest. This will be essential in achieving New Zealand’s goal of achieving a carbon-neutral public sector by 2025 and a carbon-neutral private sector by 2050. While this latter milestone doesn’t seem imminent, it requires the private sector to begin taking action on climate issues now.
Seizing global leadership on climate
Transforming our economy into a system that protects the environment rather than exploiting it is a massive undertaking. It requires time, effort, and incredible investment that simply can’t be brought to bear without the sustained, long-term support of the financial sector.
Recognising this, the government, along with organisations like the SFF, are educating investors about the value and necessity of sustainable finance, then working with them to bring about the change we need to create the future the next generation deserves.
Trustees Executors Limited was established in 1881 and is New Zealand’s first Trustee Company.
We provide a full range of financial and trust solutions to individuals, families and the corporate sector, including estate planning, trustee and investment advisory services.
We are a Licensed Financial Markets Supervisor and a leading provider of specialist Corporate Trustee and back-office fund administration services to some of New Zealand’s largest financial institutions, banks and fund managers.
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