The peak body has put forward a four-point plan for a Government Ageing Transition Strategy as part of the Government’s wider Seniors Policy:
- Commission a seniors housing supply study to report on supply and demand issues for retirement villages and other seniors’ housing options.
- A formal education campaign to raise people’s awareness of retirement living options.
- The funding and development of an online training course for lawyers and financial advisers to provide expert advice.
- Providing financial policies to encourage people to “rightsize” eg unlocking home equity.
This would include $3 million to fund two pilot programs for 12 months – a telephone support service of 10 specialist advisers to advise retirees on pensions, tax and financial issues and the consumer awareness campaign.