Long awaited changes coming for retirement villages
Long-awaited changes are coming for retirement villages meaning residents will be fully repaid within 12 months of leaving a unit, but some advocates are worried they still don't go far enough. The Government has announced it will proceed with changes to the Retirement Villages Act, which it says will give more fairness and certainty to residents and their families. Money correspondent Susan Edmunds reports.
Checkpoint · RNZ
December 4, 20253m 2s
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Show Notes
Long-awaited changes are coming for retirement villages meaning residents will be fully repaid within 12 months of leaving a unit, but some advocates are worried they still don't go far enough. The Government has announced it will proceed with changes to the Retirement Villages Act, which it says will give more fairness and certainty to residents and their families. Money correspondent Susan Edmunds reports.
Topics
lawmoneyRetirement Villages Act