Ongoing KiwiSaver contributors aged 50 have an expected median balance of $124,400 in today’s dollars when they turn 65, according to a new report.

Challenging underlying market conditions experienced over the September quarter were evident in returns listed in the Morningstar KiwiSaver Survey Q3.

Consumer lack of knowledge about ethical investing is a huge opportunity for financial advisers, but will require far more nuanced conversations than are currently taking place, says the New Zealand head of the Responsible Investment Association Australasia (RIAA).