Education planning

Everyone’s entitled to a good education in the UK.  For many families, there’s a decision to make, over where and how their children are educated – and how that education is paid for, from nursery schools right through to university.

It’s reassuring to know that our state funded education system is constantly under review, and the Government is always trying to improve standards.  However, if you’d like your children to be educated privately, then you’ll need to make arrangements to pay for your child’s education.  After all, the schools will expect you to pay fees regularly – and it’s best to make financial plans that you can sustain.

Making those financial plans with the guidance of an independent financial adviser (IFA) is a good place to start.  You’ll have access to advice on safeguarding and investing your money for that important, specific goal – and insights to arrangements that could help you save money, by making your savings and investments as tax-efficient in the process.

Questions you might like to ask an IFA…

What are the risks involved with these plans?

Will I be able to draw the money I need, every term?

If school fees increase, will my savings cover those prices?