Most parents are aware that independent and higher education provides the cornerstone to a wide choice of careers and the likelihood of a prosperous future for their children.

Having embarked upon a private education many parents experience difficulties in continually funding school fees from their taxable income.

Inflation must also be taken into consideration. In the future it may be much higher than over the last few years and add pressure to any plans drawn up today. As with any long term planning it must be reviewed regularly, taking into account and anticipate the impact any future changes may have.

School fees planning and planning for the cost of university education needs to be initiated many years in advance. The primary objective is to build up a capital sum to meet the cost of school fees in respect of primary and secondary education, and then the fees and maintenance costs for university education.