ARCO showcases retirement communities
January 14, 2019
In early December, retirement village operators showcased their sector at a parliamentary exhibition attended by 80 parliamentarians and announced their goal to provide for 250,000 people by 2030.
Members of ARCO (the Associated Retirement Community Operators) presented the wide range of services on offer from both private and not-for-profit providers, as well as technological solutions to enable older people to live independently for as long as possible.
ARCO and its members have pledged action on 10 specific areas as part of its ‘Vision 2030’, aimed at providing Retirement Communities for 250,000 people by 2030. Central to many of these is a need for the Government to recognise the sector in its own right and ultimately to empower residents through a Retirement Communities Act for the UK.
ARCO says the UK is lagging far behind comparable countries such as New Zealand, Australia and the USA – where between 5% and 6% of older people live in Retirement Communities. In the UK the figure is 0.6%, resulting in significant extra strain on the NHS and the social care system.
“Retirement communities can play a key role in solving the housing, social care and wellbeing crises facing this country,” said ARCO patron Baroness Greengross.
“I and many of my colleagues are committed to doing all we can to help tens of thousands more people benefit from this amazing model and to bringing the UK closer to international standards.”
Nick Sanderson, chief executive at Audley Group and chair of ARCO said the UK needed to rethink retirement living:
“With an ageing population and a housing supply issue, retirement villages are the best answer,” he said.
“They provide future-proofed properties, an active lifestyle and flexible care for older people, whilst also freeing up family homes at the top of the housing ladder.”