Troubled investment provider Senior Trust to wind up

More than half of Senior Trust Capital’s lending is to The Grove in Orewa. (Image: The Grove)

Thu, 31 Jul 2025

Retirement village investor Senior Trust Capital is winding up, saying this will provide “the best outcome for shareholders”.Senior Trust Capital (STC) and related entity, Senior Trust Retirement Village Income Generator, have been under investigation by the Financial Markets Authority since November.The group raises money from investors and uses it to lend on small retirement village properties around the country, offering returns of up to 8%.STC announced the decision to wind up in its financial statements for the year to March, r...

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