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Inflation jolt for retirement plans
Adjusting people's retirement savings for inflation has dented the confidence of those putting a nest egg aside, an ANZ survey has found.
Adjusting people's retirement savings for inflation has dented the confidence of those putting a nest egg aside, an ANZ survey has found.
It's a sunny weekday morning and the lounge of Maygrove Village in Orewa is sparsely populated.
All Black captain Richie McCaw has been planning for retirement by investing in the aged-care industry.
A retirement village developer spending $500 million in Auckland says building in the city is hard because Auckland Council is extremely slow to process consent applications.
The chief executive of the Aged Care Associations Martin Taylor joins us at midday today to answer your questions about the aged care industry.
One of the country's biggest rest homes has been stung for letting two elderly residents lose a substantial amount of weight without proper intervention.
A rest home where a nurse was accused of threatening an elderly woman with being committed to a mental institution says it has made major changes and provides high-quality care.
"It's not a commodity you're dealing with, it's humans." Lloyd Dean fears the Edmund Hillary Retirement Village in Remuera failed to learn the lessons of his dad's death.
A trust that sold off a 100-year lease of Auckland's historic Ranfurly veterans' home has called in an outside expert to review the quality of care the veterans are now receiving.
Ryman Healthcare launched a promotion of its new $140 million Auckland retirement village yesterday as its boss told of Wellington staff changes following issues over care.
Executives at highly rated retirement business Summerset Group Holdings say it is on target to finish 200 new village units this year and that they are gearing up to build 300 by 2015.
Statistics NZ said yesterday that the population aged 65-plus had doubled since the early 1980s to 635,200 and was likely to double again by 2040.
A home that was supposed to be a retirement dream has become a fast-tightening noose around its owner's neck, after he has become trapped in a rare situation where he must move - but can't sell.
Mia Geraets lived for 25 years at the resthome her brother helped establish. It was a shock to her family when the resthome operators said the 85-year-old would have to leave the only place she knew as home.
Simon Challies is an innovative thinker whose time at the helm of Ryman Healthcare has been critical to the firm's success, says David Kerr, chairman of the retirement village operator.
Shares of Summerset Group have fallen after major shareholder Quadrant completed the sale of 18.6 per cent of the retirement village operator.
Studies show New Zealanders' retirement years are more likely to be blighted by sickness, loneliness, disability or lack of money than spent travelling the world.
Before my friend Paul Holmes knew his illness was terminal, we'd begun discussing a joint retirement project.