Proposed law introduces savings scheme for parents planning for children’s tertiary education

The Tertiary Education Placement and Funding Bill, 2026 has proposed a savings scheme allowing parents to save directly toward a named child’s university and college education. The Bill has introduced tougher penalties for employers who fail to deduct and remit student loan repayments, including a 5% monthly penalty on unpaid amounts. The proposed law has … Continue reading Proposed law introduces savings scheme for parents planning for children’s tertiary education