Page 24 - Jane Wrightson News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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, we think the law is fair," Collyns said. "It balances operators' responsibilities with residents' r...

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 consumers must sign before they move into a village can have a nasty financial sting. Some also risk bre...

Press Release – Consumer NZ Consumer NZ wants an overhaul of retirement village regulations to protect residents from unfair terms. Consumer NZ chief executive Jon Duffy said its review of retirement village contracts found terms that unfairly favour the village and risk leaving residents … Consumer NZ wants an overhaul of retirement village regulations to protect residents from unfair terms. Consumer NZ chief executive Jon Duffy said its review of retirement village contracts found terms that unfairly favour the village and risk leaving residents out of pocket. “Retirement villages pr...

Retirement 'old fashioned': More than 16k people 65-plus still working 22 Jan, 2021 08:00 PM 8 minutes to read The idea of retiring at 65 has become "old-fashioned" as more people continue to work past retirement age in the Bay of Plenty. While some are taking early retirement due to the fallout of Covid-19, others in the 65-plus age group are working longer than expected. However, finding a new job at retirement age wasn't easy and those who've worked in the same company for decades were finding it tough not knowing how to look for a new job or where to find one. Stats NZ e...

Media Person of the Year Newsroom 17/12/2020 © Provided by Newsroom MediaRoom's annual salute to those who stood out, through strong and high-calibre journalism, executive innovation or success, and advocacy for the public right to know Media businesses were initially hit hard in 2020 by the pandemic - with lockdown ultimately inspiring Bauer to shut down its magazines and lay off 200 staff, and more than 430 other roles disappearing from other companies as advertising dried up. Government funding helped broadcasters (relieved of tech fees), publishers (given public sector advertising mon...