Initial Research Findings

The Retirement Villages’ Residents’ Council has undertaken research that has included quantitative and qualitative research, as well as regular surveying of residents.

As an evidence-led organisation, the Council relies on its research as well as its in-depth understanding of retirement villages, to inform its advocacy. Its research highlights some complex issues that warrant careful and further investigation.

It is releasing key themes and implications, whilst noting that further investigation is warranted into some areas. Those investigations are ongoing.

Research undertaken thus far in 2025 finds that:

·        There is a strong preference for there to be a choice in retirement village living.

·        There is a strong preference for a fair and independent complaints scheme.

·        There is a strong preference for a Standardised Occupation Rights Agreement.

·        There is a strong preference for clarity over ownership of chattels and fixtures and responsibility for repair.

·        Views on termination and repayment were highly dependent on personal situations of people now living in retirement villages.

·        There was a preference for repayment of capital so that families/estates did not have to wait, with the next highest rank need             being funding for their aged care.

·        Most residents want a mandatory capital repayment within 3-6 months or less. There are indications that longer waiting times           for repayment of capital would generally be accepted by residents if it helped avoid higher costs to pay for it. 

·        Both qualitative and qualitative research, as well as surveys, indicate most residents would accept a longer wait if interest                   were paid immediately or if a lump-sum was paid within 5 days.

·        There is little appetite for higher costs with the majority of residents opposed to paying higher deferred management fees                     (DMF) or weekly fees to secure faster repayment. However, if costs have to be met, increased weekly fees were the least                        acceptable option, followed by DMF and capital input.

·        In quantitative research most residents would like changes to apply to them, but qualitative surveying indicates that many                   residents worried about the impact of costs and some thought retrospectivity was fundamentally unfair.
 

About the Research

Initial quantitative research was independently undertaken by Talbot Mills in August 2025, with 290 residents responding. Initial qualitative research was independently undertaken by Talbot Mills in August 2025, with 23 resident interviews.

Surveying by the Council has been undertaken over the past 18 months during village presentations to 950 residents throughout NZ with 25% of them completing a survey.

7 September 2026
This third article looks at the financial considerations of moving into a Retirement Village — an important part of making an informed decision. Your Investment: A Lifestyle Choice Village living is about lifestyle rather than traditional property ownership. Most agreements are on a Licence to Occupy, meaning you do not own the property but have the right to occupy that home for life. Weekly fees cover villages services, maintenance, security, rates, insurance and access to village facilities.  Entry Payment & Deferred Management Fee (DMF) Your capital sum includes a DMF, which is deducted when you leave. This is your payment for refurbishment cost prior to the resale, your right to use all village facilities while you live there and your contribution to long-term maintenance on all community facilities. Exit Payment This is the amount you receive once your unit is resold, minus the DMF. A full refurbishment is often required before resale, which may delay payment. The home, in most cases, needs to be sold before the final payment can be made. Village Managers can discuss options such as interest free loans, assured repayment dates, or bridging finance when moving into care. Sales Process Control Most operators manage the resale process on your behalf. This can be a relief — removing stress from you and your family — but it also means you have limited influence over marketing or timing. You have little or no say in the marketing or sales process. In Summary A Retirement Village suits those who value security, community and convenience over property ownership. When considering the retirement village option, visit several villages. Always compare contracts, read the Disclosure Statement and Licence to Occupy, and seek independent legal advice before signing.
1 September 2026
Our September 2026 Newsletter is available HERE