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December 2010
From The Director

Greetings,
 
In the past month, there have been student protests in various countries around the world in regard to the ever increasing cost of school tuition.  From Canada to the UK to Japan, where it is estimated that the average family spends 37.6% of its income on their children's education, fees are steadily climbing.  The following article paints a clear picture in terms of the importance of planning for your child's educational future, and introduces a few key topics to be considered.

As always, we welcome your feedback.  If you have any questions, or would like additional information, please do not hesitate to contact your financial advisor.  Should you not currently have an advisor at Select, please reply to this email and one of our senior consultants will contact you promptly.


With Best Regards,

Imants Katlaps

Managing Director

Article

INTERNATIONAL PRIVATE EDUCATION FEE PLANNING

Select’s financial planning consultants frequently meet with clients who are parents of school age children or who are planning to start a family in the future.  Can you guess which topic is near the top of their financial planning priorities? It’s the funding of private education – covering, in many cases, all the years from elementary school to college graduation.  During these meetings there are often shocked faces once the large sums involved in education fee planning are better understood.

This article summarizes four topics that you should consider when doing due diligence on the financial implications of private schooling

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