Page 2 - John Collyns News Today

Thousands of people work in retirement villages. Should they all be vaccinated?

The region is at the epicentre of the retirement village golden triangle but more work needs to be done to supply affordable pensioner housing to those on low incomes.

Can a Waikato district overcome projections that see its population, aged 65 and over, almost double in the next 30 years?

Building consents: Summerset Villages $40 million addition 13 May, 2021 06:00 PM 5 minutes to read Summerset by the Dunes main building in Pāpāmoa will be similar to the newly opened main building at Summerset Rototuna in Hamilton pictured here. Photo / Supplied Summerset by the Dunes main building in Pāpāmoa will be similar to the newly opened main building at Summerset Rototuna in Hamilton pictured here. Photo / Supplied A new $40 million Pāpāmoa retirement village project will add an...

Four retirement bosses quit: Shakeup at top of listed sector 3 May, 2021 05:00 PM 5 minutes to read Retirement village Govt entity hits out at confusing contracts. Video / Supplied Four heads of listed retirement businesses have left in the last few months, with the latest on Monday being Arvidas Bill McDonald. In November, Julian Cook of Summerset Group said he was retiring from the job he had done for seven years, having worked at the business for 10 years. Former CFO Scott ...

Supplied Peter Carr, president of the Retirement Villages Residents Association of New Zealand, says residents want to level the playing field with retirement village owners. Retirement village residents have put pen to paper and fingers to keyboards in their hundreds to back a major revamp of the law governing retirement villages. A key bugbear up for debate are residents, or their families or estate, not sharing in the capital gain on units when the residents pass away or go into care. Most ...

The Retirement Villages Association says there's a flip-side to residents not being paid capital gains on their units

One major concern was contract terms that made residents responsible for the costs of repairs despite having no ownership rights to their unit.

Association minister of housing Poto Williams. Photo: RNZ /Dom Thomas The bodies which represent the residents and the providers respectively disagree over whether the law - as it stands - is fair. Retirement Village Residents Association national president Peter Carr said the contracts "absolutely" needed to be reworked. But Retirement Villages Association chief executive John Collyns disagreed with that. "There are some aspects of the law which we think could be addressed, but by and large, ...

Photo: 123RF Consumer NZ has reviewed the contracts offered by six major companies including Bupa, Ryman Healthcare and Summerset. Chief executive Jon Duffy said retirement villages promised the good life in your golden years, but the review showed the agreements people must sign unfairly favoured the village. Duffy said a major concern were contract terms that made residents responsible for the costs of electrical or plumbing repairs even though they had no ownership rights to their unit. Many...