Greenwood Village-based Empower Retirement, the nations second largest administrator of retirement plans, is rolling out a program to make it easier for employers to provide what is becoming an increasingly popular benefit with younger workers student loan assistance. Under the new offering, provided in conjunction with CommonBond Inc., a student loan payment platform, employers can…
GREENWOOD VILLAGE, Colo.–(BUSINESS WIRE)–Apr 9, 2019–Empower Retirement is targeting the broad financial needs of American workers through a new student debt solution focused on both helping workers pay down debt and their employers who may want to help out. The new solution, which will be launched later this year, will be offered to workers saving…
GREENWOOD VILLAGE, Colo.–(BUSINESS WIRE)–Apr 9, 2019–Empower Retirement is targeting the broad financial needs of American workers through a new student debt solution focused on both helping workers pay down debt and their employers who may want to help out. The new solution, which will be launched later this year, will be offered to workers saving…
Image copyright Getty Images Image caption StepChange Scotland is calling for more work to be done to encourage people with money problems to seek help earlier Nearly 700,000 people in Scotland have problem debts or are at risk of having them, a charity report has warned. Debt advisory charity StepChange Scotland, which helped 30,000 people…
The WA Nationals will push the Commonwealth Government to wipe student debts for a broader range of job seekers who commit to living in regional WA for five years in the lead up to the Federal Election. Prime Minister Scott Morrison announced in February teachers would be eligible to have HECS debts waived if they…
In 2018, 73 per cent of high-income earners ($150,000 or more) said they expected to pay down debt. That has fallen to 37 per cent. “Given that our survey also showed that over 60 per cent of Australians are extremely concerned about the increasing cost of living the cost of essential services and increasing energy…
More than 254,000 debt relief ordershave been issued in the past 10 years, helping more than a quarter of a million people stabilise their finances. Since the orders were launched in April 2009,some 2.3bn of debt relief has been granted to helppeople who have few assets and little surplus income, The Insolvency Service has revealed.…
Griffith University will hold a free seminar this month to help everyday people understand their rights and responsibilities when dealing with the Australian Tax Office. From 6pm on Tuesday 16 April, the public is invited to attend the two-hour session at the Universitys Logan campus to learn how to better endure the frequently confusing experience…
The first Debt Relief Order (DRO) was approved 10 years ago in April 2009 with the aim of assisting people with small levels of assets and little surplus income deal with their debts*. Since then, the Insolvency Service has approved more than 254,000 DROs to people with debts worth an average of 9,400. People apply…
Many Americans struggle to manage their finances. One study finds that 4 in 10 Americans couldnt handle an unexpected expense of $400. A new breed of money apps, powered by artificial intelligence (AI) and aiming to engage consumers attention when they need help the most, is trying to come to the rescue. Olivia Moore, a…