Trusted Financial Advice
School Fee Plan
A School Fee Plan is designed to help parents and guardians pay school and university fees.
They are a way to save that aims to be tax efficient whilst offering a degree of protection. Although they are designed to pay school and university fees they can actually be used for other things.
You can invest a capital lump sum or pay in regular amounts or combine the two.
There is much to consider with a School Fee Plan as there is no guarantee of how much you will get as investments can go down as well as up.
The amount of tax you will pay will depend upon the specific School Fee Plan.
Our advisers at TFA will assess your requirements and determine whether a School Fee Plan is an appropriate investment for you or whether, in fact, other savings and investment products are more appropriate. Our advisers are independent and can therefore investigate all options for you.