Our latest news
See the latest news from Heartland Bank, as well as helpful updates, research and insights to empower you with the knowledge you need to make more informed decisions around your finances.
If you’re a homeowner aged 60 or over and thinking about downsizing to help fund your retirement, it’s worth carefully considering the emotional, physical and financial impact moving out can have. Heartland Bank has helped more than 22,000 customers live a retirement they deserve. We understand that packing up a lifetime of memories and belongings, … Continue reading “The cost of moving out: the physical, mental, and financial impact on retirees”
Retirees have a number of different options when it comes to their living situation – here are some of the most common ones.
For many, funding a comfortable retirement is no longer possible on NZ Super alone. Here’s a how a Heartland Reverse Mortgage with a regular advance could help.
Aging in place and retiring from the comfort of your own home is a goal for many Kiwis. At the end of 2021, we conducted a survey as part of our partnership with lifestyle website Grown Ups, which revealed how important it is for Grown Ups members (aged 50+) to retire from the comfort of … Continue reading “Support for aging in place”
For many Kiwis, retirement can be a big transition from the usual day-to-day working schedule. Going from a regular routine to having more flexibility with your time is great, but adjusting and adapting to your new lifestyle can also be a challenge. The ‘Five Ways to Wellbeing’ is an initiative that was created based on … Continue reading “Five ways to wellbeing”
With Summer hot on our heels and COVID-19 restrictions loosening, many people are planning to hit the road to visit whānau (family) and friends these holidays. Experience from time behind the wheel often leads to safer drivers who can be great role models for younger drivers. However, as we get older, our health changes can … Continue reading “Getting road ready in retirement”
We’ve been hearing a lot of discussion lately around cost of living increases and the pressure this is placing on Kiwi families. Among the most affected by this crisis are retirees, many of whom are trying to get by on NZ Super alone, which is typically only enough to cover the essentials and nothing … Continue reading “Retirees facing pressure from higher cost of living and increasing debt in retirement”
Increasing living costs are having a dramatic impact on older Kiwis, according to a recent survey conducted by Heartland in partnership with lifestyle website GrownUps.
Heartland is proud to have helped over 20,000 Kiwis gain more freedom in retirement through a Heartland Reverse Mortgage. Each year we send out a feedback survey to customers who drew down a loan in the last 12 months, and we are thrilled to share the results from 2021. How our customers feel about the … Continue reading “Customer survey: 98.1% would refer a Heartland Reverse Mortgage to their friends or family”
A recent survey we conducted revealed that 89.9% of respondents found it important or very important to remain in their home during retirement.
It is no secret that New Zealand has an aging population, and funding a dream retirement lifestyle is no longer possible on NZ Super alone.
We are pleased to announce that Heartland Reverse Mortgages has been awarded Consumer Trusted accreditation for five years in a row.
Retirees who are struggling to ends meet may find that the booming housing market could be a solution – without them having to sell up.
We have collated feedback from customers who drew down a loan in 2020, and are thrilled to share the results.
International research published by EY predicts that the global equity release market could more than triple over the next decade.
We’re excited to announce Heartland has been awarded Consumer Trusted accreditation for the fourth year in a row for its reverse mortgage product.
With the rise in living costs and an aging population, many Kiwis are struggling to fund the retirement lifestyle they have always desired.
The overall response for those who took out a Heartland Reverse Mortgage was overwhelmingly positive, with 96% of customers responding they were either very satisfied or extremely satisfied.
The Reserve Bank’s extension of the mortgage deferral scheme from 27 September 2020 to 31 March 2021 may only result in relief for some borrowers.
Many Kiwis are retiring without the funds they need to support their dream lifestyle. Post COVID-19, this trend is expected to continue.
The 2019 Review of Retirement Income Policies debunked a few myths and recommended how the government can better prepare people for retirement.
With the Reserve Bank of New Zealand dropping the Official Cash Rate to 0.25%, news coverage has largely overlooked the adverse effects on deposits.
In 2019, many retirees (who rely on the interest from deposits at banks) were shocked when the Reserve Bank of New Zealand reduced the Official Cash Rate by 0.50%.
The Retirement Commission’s triennial Review of Retirement Income Policies is currently in progress and is open for public submissions until 31 October.
Building activity had its strongest quarter in three years, spelling good news for homeowners looking to free up equity through a reverse mortgage.
With statistics indicating that the number of mortgage-free households is on the decline, Kiwis are beginning to question their spending.
Listed for three years in a row as one of the top 12 countries in the world to grow old, NZ is a great place to retire – but it can be costly.
Phones are still a popular weapon of choice for scammers. However, there are some simple steps you can take to protect yourself from scams.
Scammers, fake charities and fraudsters are constantly thinking up new ways to trick you out of your money. Fraud Awareness Week aims to help.
Heartland supports NZ financial regulators’ initiative to ensure banks are focusing on good customer outcomes. Here’s how we’re contributing.
New retirees often find themselves surprised at the financial strain of retirement. What costs have surprised you the most in retirement?
With the age of retirement increasingly being postponed, seniors are earning for longer and putting more money back into the economy as a result.
Having a personal care EPA gives you peace of mind, knowing that you’ll have someone to take care of you if you can no longer care for yourself.
Ensuring you have a detailed, official will in place can offer peace of mind to you and your loved ones in the event that you pass away.
Home is where the heart is, and many Kiwis want to retire from the comfort of their home. These renovation tips could help you future-proof your home.
With fewer Kiwis taking the time to volunteer, over-65s are becoming increasingly important to their communities
Losing your decision-making ability is unnerving, but it’s good to be prepared. Here’s why it’s smart to create an Enduring Power of Attorney (EPA).
Join us for afternoon tea and get the facts about how a Reverse Mortgage can help you in your retirement.
It’s no secret that grandparents play a vital role in their grandkids’ lives – here’s how to build the connection between the generations.
There are many ways to fund your retirement. Our expert, Lisa Hatfield discusses reverse mortgages, a retirement tool that is often overlooked.
Incorporating these simple steps into your life could help you in the fight against dementia and memory loss.
Most retirees will use up their savings in just 10 years and rely solely on the state pension after that, new research suggests.