Inflation demands strict school fees planning

clock

Price rises averaging 6.7% annually are hitting parents of those with children born in 2004 who want to plan ahead for school fees, and threaten to load them with a £134,000 cost of education over seven years of future secondary education, says JP Morgan Fleming Asset Management.

It is no secret that inflation in the private education sector is well ahead of RPI over the past decade, which is even more reason to plan ahead, the investment trust provider says. Even a well-performing investment trust would require significant monthly sums invested – several hundreds of pounds – to meet that objective, the provider adds. IFAonline

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Quality investing: Holding conviction when markets test investors

Quality investing: Holding conviction when markets test investors

Quality investors have no doubt had their conviction 'severely tested' of late

Scott Spencer
clock 31 March 2026 • 5 min read
Darius McDermott: The five-year laggards - can they revive?

Darius McDermott: The five-year laggards - can they revive?

'It's a complex backdrop for investors'

Darius McDermott
clock 31 March 2026 • 6 min read
Protecting portfolios during heightened inflation risk

Protecting portfolios during heightened inflation risk

'This is a year for careful, defensive positioning'

Fahad Hassan
clock 30 March 2026 • 3 min read