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The Peploe family led by Teelia Peploe (pictured) appears to have achieved a small win after being booted out of its planned Sydney harbour aged care development by a Federal government backflip.
Saga’s private equity owners merged the business with The AA (UK’s Automobile Association) to get access to The AA’s huge ageing membership of drivers.
In Britain, SAGA is an institution. A commercial business which acts like a not for profit, it dominates the travel and insurance markets for people aged 50+. Think NRMA on steroids. Its magazine prints 11.5 million copies.
Folkore says retirement villages are 'safe havens' because they are 'gated estates' where any suspicious character is immediately identified and challenged.
Aged care operator Estia Health has reported it received $88.5 million in Refundable Accommodation Deposits (RADs) in FY15 compared to their budget forecast of $32.7 million, demonstrating the strength of RADs over DAPs as a payment option. It also reflects the increase in value of RADs being reported across the country.
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Our fortnightly newsletter brings you all the tips and tricks you need for a successful retirement, covering everything from finances and property, to health and happiness. Get prepared and sign up here.
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