Your child’s education could be the most important investment you ever make. Smith & Williamson’s Lanying Burley and Mike Fosberry advise on the various savings options in the wake of increasing school and university fees

The Government’s recent decision to increase university fees helps to focus the mind on the cost of education. Since a family with two children who attend private schools at primary and secondary level before university may end up paying well over £350,000 (in current terms) from net salary, this is a major expense to plan for.