Sunday, 21 July 2024
Retirement Village Village residents demand to know where their money has been going
A group of New South Wales retirees claim RSL LifeCare is seeking exorbitant fees from them for upkeep of their retirement village in Sydney's north-west and they want to know where their strata money has been going.
Subscribe to:
Post Comments (Atom)
Function of Government
The role of government is to create an environment for commerce to function whilst at the same time protecting retirees and particularly vulnerable retirees from both financial and emotional harm emanating from that function.
The Victorian Retirement Villages Act 1986 provides the environment for commerce to function but fails to fully protect retirees from financial and emotional harm as a result of it.
The Victorian legislative definition of a retirement village in demanding the payment of an 'in-going' amount without the transfer of property ownership is a major contributor to that financial and emotional harm suffered by retirees.
Popular Posts
-
Making The Home Accessible For many seniors, making a home accessible after they’ve suffered an accident or health issue is imperative ... -
The ABC reports - For almost a decade, pensioners Trish Reece and her husband Wayne have been living in a gated village in Shepparton in reg...
-
R etirement villages swallow vulnerable people’s money. In an article published by The Senior online magazine, one person who suffered at t...
No comments:
Post a Comment