Retirement village owners and residents poles apart

Retirement Commissioner Jane Wrightson will release her recommendations next Wednesday.

Thu, 03 Jun 2021

Owners of retirement villages and their residents appear poles apart on what the sector's problems are and whether the rules need to change.While no retirement village operators support a full review of the system's framework, 99% of the 1,271 individual respondents and 1,887 Retirement Village Residents Association members who sent submissions to Retirement Commissioner Jane Wrightson certainly do.Wrightson is due to report her findings and recommendations next Wednesday after consulting on how the existing legislative framework is wor...

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