Retirement village regulations need overhaul: Consumer NZ
Retirement village regulations need overhaul: Consumer NZ 1 Feb, 2021 06:15 PM 5 minutes to read Consumer NZ wants an overhaul of the multi-billion dollar retirement village sector and its regulations to protect around 45,000 residents from unfair terms. Jon Duffy, chief executive at Consumer NZ, said a review of contracts found terms which unfairly favoured villages and risked costing residents money. "Retirement villages promise the good life in your golden years. However, the agreements cons...
Source: nzherald.co.nz