There are renewed calls for Canberra’s retirement villages to be more transparent about where fees are going.

SOME fees have come as a shock, right around the country.

residents have raised concerns about retirement villages and their practices of charging large exit, maintenance and refurbishment fees.

Here in Canberra, some have renewed their calls for more avenues on managing complaints.

Prospective residents are being urged to seek independent financial and legal advice, before entering into a retirement village contract.

Before the election, the territory Government indicated, it would look at changing legislation, to increase transparency that governs the sector.

Currently, there are about 40 retirement villages in the A.C.T. that house about 3,500 residents.

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