Covenant supervises most of New Zealand’s retirement villages and is recognised as the market leader. A multidisciplinary team supports retirement villages through their compliance obligations. The team has a detailed understanding of village operations, cost effective compliance management, and market trends and practices. An in-house trust account and settlements function is operated to ensure the secure holding of resident and prospect funds. Covenant currently supervises residents’ interests of in excess of $7 billion (as of March 2021).