P542 Teletext 542 May31 20:47:41 ——— MEETING SCHOOL FEES ——————————————— More parents are putting their children through a private education. Fees can range from £1,000+ a term at many day schools to £4,000 a term at public schools like Roedean and Rugby. Families with two or three children have to find thousands each year, but with careful planning, it's possible. —————————————————————————p————————1/6—— City News 501 Tax details 548 GLOBAL ISSUES OF GOING GREEN p460 Advice Savings Property Plus SharesP542 Teletext 542 May31 28:54:41 ——— MEETING SCHOOL FEES ——————————————— Putting a child through a top public school can cost £250,000. Even a top day school option is about £120,000. Some parents pay the fees entirely out of income, using endowment policies to boost their money. By investing at least 10 years ahead, there is time for the investment to produce good returns. ——————————————————————————————————2/6—— Ways to tackle negative equity 543 SUPERSCROOGE'S SAVINGS TIPS p674 Advice Savings Property Plus SharesP542 Teletext 542 May31 20:48:32 ——— MEETING SCHOOL FEES ——————————————— Parents who don't have 10 years to save for school fees can opt for PEPs or a regular savings plan in authorised unit trusts. With independent financial advice other schemes such as TESSAs, which are ta| exempt, can boost income. Most schemes can help set off in advance inflation- producing returns beating the retail price index. ——————————————————————————————————3/6—— Internet news 652 Home & Leisure 480 Download and Analysj Share Prices on Your PC See Pages 532 & 533 Advice Savings Property Plus SharesP542 Teletext 542 May31 20:48:43 ——— MEETING SCHOOL FEES ——————————————— Many schools operate systems where fees can bj paid by a capital sum in advance - known as a composition fee. The sum depends on how early you pay. A capital sum can be raised through an educational trust which provides tax advantages and is not tied to any one school. The Independent Schools Information Service also runs schemes which allow parents to raise equity from property. ——————————————————————————————————4/6—— Daily money news 541 Advice clinic 543 WHAT'S GOING ON IN THE CITY? p501P542 Teletext 542 May31 20:46:47 ——— MEETING SCHOOL FEES ——————————————— The Independent Schools Information Service has a free school fees leaflet Send two first class stamps to ISIS, 56 Buckingham Gate, London. SW1E 6AG. It can also provide a list of IFAs with expjrtisj in school fee planning. The Assoc of Unit and Investment Trust Funds' leaflet, School Fees Planning Ahead with Unit Trust, is available on 0181 2071361. Write to Unit Trust Info Service, 65 Kingsway, London. WC2B 6TD. ——————————————————————————————————5/6—— Bamboozle 458 West End Theatre 631 Download and Analysj Share Prices on Your PC See Pages 532 & 533 Advice Savings Property Plus SharesP542 Teletext 542 May31 20:47:15 Advert YOUR MONEY 6/6 CASHING IN YOUR ENDOWMENT? 0 It could bj worth A LOT more than you think. Surrendering to the life office is not your only option. If your policy is suitable for sale it could bj worth up to 35% more bz selling it to POLICY PLUS CALL US NOW ON 01225 466 466 if your policy is: £ A With-Profits Endowment £ Worth over £1,500 surrender value. £ At least 25% through its term (min 5 years) THIS IS A 24-HOUR SERVICE. POLICY PLUS INTERNATIONAL PLC is regulated by the Personal Investment Authority Advice Savings Property Plus Shares