Single premium bonds: The solution to funding university?

Speaking at the Personal Finance Society conference in Birmingham, Brian Benson, of Crown Wealth Management, gave delegates a brief overview of this often-overlooked area of investment. He presented a scenario where the parents were additional rate tax payers and had two children, aged ten and eight, with the need for funding in eight years time. They have £120,000 available for investment and are already utilising their ISA allowances. Offshore investment bond £120,000 made up of 100 segments Assign ten segments a year to each of the children for the five years of study W...