Mercer joins NZ Super Fund initiative to strengthen controls on social media

Posted: 3 April 2019

Our investment manager, Mercer, has signed up to an initiative spearheaded by the New Zealand Superannuation Fund aimed at putting pressure on social media companies to address weaknesses in their platforms that allow the streaming and sharing of objectionable material.

At the time of writing, 23 investment managers with total funds under management of NZD800 billion have joined the initiative. The New Zealand Superannuation Fund writes that “the objective of the engagement is to convince social media companies Facebook, Google and Twitter to strengthen controls to prevent the live streaming and distribution of objectionable content, such as the shootings that took place in Christchurch on Friday 15 March 2019”.

Read the full media release here.

The New Zealand Superannuation Fund is a New Zealand Government savings vehicle established to help pre-fund the future cost of universal pensions (New Zealand Superannuation).