Top marks for parents who plan early

Call 0800 085 3250 or visit www.unbiased.co.uk for IFA Promotions free factsheet, A Parents Guide to Education Fees Planning

 

It is increasingly important for parents to consider the huge financial implication of educating their children.  School and university fees continue to soar and the introduction of university top-up fees in September 2006 will cause a further strain to purse strings.  To help parents make the necessary preparations, IFA Promotion, the organisation promoting the benefits of local independent financial advice, has produced a free factsheet outlining the financial choices open to parents looking to fund education.

 

David Elms, Chief Executive of IFA Promotion, commented; It can cost over 100,000* to fund a child through private education, therefore it is vital for parents to address the issue at an early stage.  Those concerned about funding their childrens education can visit an IFA who will help to assess every available option and allow them to make informed decisions.

 

The factsheet covers:

  • Typical costs for putting your child through school and university
  • How to streamline your finances so you can save more
  • Different savings options for the short, mid and long term
  • Ways to access funds if you have left it too late to start saving

 

For a free copy of the factsheet, together with details of local independent financial advisers who can talk through your options in detail, call the IFA Promotion consumer hotline on 0800 085 3250 or visit www.unbiased.co.uk

For further information please contact:

David Elms                                               Ali Richardson / Chloe Merriman

Chief Executive                                         Lansons Communications

IFA Promotion                                          020 7294 3679 / 020 7294 3681

020 7833 3131

 

____________________

 

* Source: The Independent Schools Information Service

 

    For expert comment or case studies from over 200 media-friendly IFAs, journalists should call IFA Promotions Media Services hotline on 020 7294 3682 or search online in Media Services at www.unbiased.co.uk

 

1.  Independent Financial Adviser Promotion

IFA Promotion was established in 1989 to promote the value and accessibility of independent financial advice to the public.  It represents around 9,000 firms of independent financial advisers across the UK and is sponsored by 31 leading financial institutions. In 2004, over 440,000 consumers and businesses used IFA Promotion to find local independent financial advice.

 

IFA Promotion believes Independent financial advice should be:

 

        Affordable.  The option to take independent financial advice should be available, by right, to all - not just the wealthiest in society.

 

        Convenient.  IFAs should be available in the location of the consumers choice, wherever they live in the UK.

 

        Transparent.  It must be clearly transparent to consumers who is able to offer independent financial advice and who is not.

 

2.      Independent Financial Adviser Promotions sponsors

Abbey

National Savings & Investments

AXA Life

New Star Investment Funds 

Bright Grey

Norwich Union Life

BUPA Health Services

Old Mutual Asset Managers (UK)

Canada Life Ltd

Prudential

The Childrens Mutual

Scottish Equitable Plc

Clerical Medical Investment

Scottish Life

DWS Investments Ltd

Scottish Life International

Friends Provident

Scottish Widows Plc

GE Life

Skandia UK Group

GMAC Residential Funding

Southern Pacific Mortgage Limited

INVESCO Fund Managers Ltd

Standard Life Assurance Company

Legal & General

Unum Provident

London Mortgage Company

Webline Limited

Lincoln Financial Group

Mortgage Express

Zurich Intermediary Group

 

 

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