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Advice gap leaves older Australians retiring with debt exposed

Financial advisers are well aware that their numbers have dropped from a pre-royal commission high of around 29,000 to their current levels of just over 15,000, along with the cost of comprehensive advice continuing to grow.  Homesafe argued that the combination is placing professional guidance beyond the reach of many retirees at a time when financial decisions are becoming more…

Mayor Horhn announces help with water system debt

Mayor John A. Horhn announced today that the City of Jackson is preparing to make upcoming debt service payments tied to the city’s water system while pressing JXN Water and federal partners for stronger accountability, better collections, and clearer communication with residents. In a February 19 letter to Mayor Horhn, the Interim Third-Party Manager for…

More Americans turning to AI for financial advice

(InvestigateTV) — Thirty percent of all online counseling sessions at Money Management International (MMI) last October came from referrals through artificial intelligence platforms, according to the nonprofit. MMI provides free credit counseling. Certified credit counselor Marla Puckett said more people are turning to AI for money help, and in the last month alone, about 1,000…

More Americans turning to AI for financial advice

(InvestigateTV) — Thirty percent of all online counseling sessions at Money Management International (MMI) last October came from referrals through artificial intelligence platforms, according to the nonprofit. MMI provides free credit counseling. Certified credit counselor Marla Puckett said more people are turning to AI for money help, and in the last month alone, about 1,000…