Retirement villages - better protection needed

Read the latest Age Concern, with Grey Power, submission on proposed changes to the Retirement Villages Code of Practice.

"The Christchurch earthquakes highlighted the need for better consumer protection for residents of retirement villages in the event of a village being completely destroyed. In particular, it became clear that the current wording of Clause 22(7)(c) of the Retirement Villages Code of Practice (on the procedure to be followed if the unit is not to be repaired or replaced) provided no protection whatsoever..."

Proposed variations to the Retirement Villages Code of Practice 2008

> DOWNLOAD Submission to the Retirement Commissioner [PDF file, 0.3MB]

Article image: Christchurch retirement village resident Joyce Waghorn may only get $100,000 for her $280,000 unit. Photo by Stacy Squires of The Press.