John Collyns News Today

Many retirees have a million-dollar asset thanks to the property boom but little cash to enjoy their retirement. Now some are selling their home and hitting...

The Commerce Commission has investigated and written to 12 retirement village owner-operators with more than 180 villages after Consumer NZ complained about...

Retirement village operators will be put under financial pressure if they are forced to pay money owed to departing or deceased residents quickly, according to their industry group.

"We’re very pleased with this as a starting point as well as the tenor of the proposals."

The government has proposed changes to the Retirement Villages Act for the first time in 20 years.

It comes as another Bay retirement village opens a $30m new residential aged care centre.

It comes as another Bay retirement village opens a $30m new residential aged care centre.

'Level of concern amongst residents and advocates about some of the sector’s practices.'

Representatives of retirement village residents across the country have penned an open letter hitting back at criticism of the sector.

Representatives of retirement village residents across the country have penned an open letter hitting back at criticism of the sector.