Children’s education is rarely high on the list of financial planning priorities. Over 70% of parents or other family members pay for education fees from current earnings or short-term savings. This strain on day to day finances can be avoided by thoughtful and proactive financial planning.

How much should you be saving?

The actual amount of capital that you will need to accumulate for education fees will depend on various factors such as where in the world the children will attend school or university and how much the fees will be when the time comes.

• We start the process by looking at the costs of education in today’s terms then project this forward to get an indication of what these costs may be in the future.
• We then calculate the total capital that will be required in the future and work backwards to arrive at the investment commitment required to achieve the objective over the given timeframe.
• Some client address their needs with a lump sum investment, most with some sort of regular savings vehicle or a combination of the two.

Education Fees (Savings) Plans

We offer a range of simple, cost-effective and flexible education fees savings schemes from the leading offshore product providers. As an independent brokerage we are able to identify and recommend the most cost effective and appropriate solution for each clients circumstances, objectives, budget and risk profile.

Key Features

• Schemes available from at little as €150 per month.
• Rising bonuses and discounts for higher regular investments
• Wide range of fund managers, free switching between funds
• Very cost effective way to access a wide range of investment funds
• Tax-free growth and secure investor protection legislation
• Internationally portable

• Premiums can be increased, decreased, paused or stopped (after an initial period).
• Premiums can be paid in different currencies
• Premiums can be paid by internet transfer, bank mandate or credit card (after an initial period).

• Proceeds can be paid directly to the school of university if required
• Additional life cover can be added to ensure the objective will still be achieved in the event of death
• Schemes can be held within a trust or have specifically nominated beneficiaries.

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