The village operator is actively encouraging residents at its Glengara Care Apartments to ‘budget’ for their increasing care needs with around $30,000 held in a trust account. With residents staying longer in the village – and looking to avoid entry into residential care – village operators are facing an increasing duty of care and demand for care services in the future. Is this a practic...
DIGITAL EDITION
SATURDAY Issue 66
A real safety net: RetireAustralia pilots village resident trust account for aged care costs
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