Retirement village residents and their families have backed calls for tougher regulation of the sector, with one saying contracts should carry a cigarette-style financial health warning and another saying the industry is a “black hole”. Retirement village residents and their families have backed calls for tougher regulation of the sector, with one saying contracts should carry a cigarette-style financial health warning and another saying the industry is a “black hole”. Consumer Protection, Aged Care, Government and Politics, Older People, State and Territory Government, Federal Government Latest business news