Part Three: Saving to put a child through private school

Adrian Lowcock is senior investment adviser at Bestinvest Planning for school fees is something couples need to consider from the day their child is born if not before but sadly no product is currently available to meet this specific need. Like any other financial exercise the purpose of planning is to meet an uncertain liability at some point in the future. Some schools now offer pre-paid options which are effectively the present value of future amounts (not guaranteed to meet fees but to generate a sum which will hopefully do so).  The terms may be attractive especially as schools l...