Modern Slavery in NZ, a conversation with Pearl Valor and Brian Henry
Modern slavery isn’t just happening overseas, it’s happening in New Zealand. In this episode, Mindful Money Co-CEO Barry Coates sits down with Pearl Valor, Gloriavale survivor, and Brian Henry, founder of Always-Ethical Ltd (Manager of AE KiwiSaver Plan) and leading barrister, to discuss modern slavery, investment accountability, and what New Zealanders can do about it.
Pearl shares her lived experience of modern slavery within Gloriavale. The lack of fair compensation, isolation from outside influence, and loss of economic agency that defines this exploitation. Her story is powerful, personal, and a wake-up call.
Brian Henry reveals his pro-bono work in the employment court supporting Gloriavale survivors and issues an urgent call to the New Zealand government.
The investment connection you need to know: Almost $4 billion in New Zealand KiwiSaver funds is invested in companies involved in human rights violations which includes modern slavery. AE KiwiSaver Plan operates to a Strict Ethical Mandate embedded in their governance framework. Founder Brian Henry’s commitment to principled leadership reinforces a disciplined approach to ethical investing.
91% of Kiwis don’t want their money supporting unethical practices such as human rights abuses.
The gap? Most people simply don’t know where their investments go.
This episode matters right now: As New Zealand moves forward with Modern Slavery legislation combining proposals from both National and Labour, understanding the scale of this issue, and our power to address it has never been more important.
What you’ll learn:
● Pearl’s firsthand account of modern slavery in NZ
● The legal work being done to support survivors
● How $4 billion of our retirement savings connects to these issues
● Simple actions you can take to align your investments with your values
Everyone should be empowered to make informed choices with their investment funds. This conversation shows you how.
Check where your KiwiSaver is invested using the Mindful Money Fund Checker here