Advisers seeing clients 'stretch finances' to afford private school

Parents ‘stretching finances’ to finance private education

Sahar Nazir
clock • 1 min read

Advisers are experiencing an increase in the number of clients looking to factor school fees into their financial planning, according to national advice firm Continuum.

The firm said it has seen an increase in clients "stretching the finances" to ensure their child has a private education. "As parents across England find out which schools their new primary school starters have been allocated for September, other parents are looking away from the state school system and ways to finance a private education," Continuum said. "Your child's education may be a top priority for you, but it is important to make sure you do not stretch your finances to the point where you struggle to make ends meet," managing partner Martin Brown said. "The good news is th...

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 Your profession

Property inheritance figures paint bleak tax picture for millennials

Property inheritance figures paint bleak tax picture for millennials

Millennials on course for an ‘inheritance tax bombshell’

Sahar Nazir
clock 20 May 2024 • 2 min read
London still the top city in Europe for investing in financial services

London still the top city in Europe for investing in financial services

According to EY’s latest Attractiveness Survey for financial services

Valeria Martinez
clock 20 May 2024 • 1 min read
Advisers sound alarm on £442m wasted on LoA inefficiencies

Advisers sound alarm on £442m wasted on LoA inefficiencies

Regulator should play ‘proactive role’ in addressing LoA inefficiencies

Sahar Nazir
clock 17 May 2024 • 5 min read