View more on these topics

&#39Start saving earlier to avoid student debt&#39

Edinburgh Fund Managers says soaring levels of student debt means parents should start investing earlier for university fees.

The firm points to statistics from the Department of Education showing that the average debt of students leaving university last year was £9,000.

Its InvestIT for Children product offers a choice of nine investment trusts. Minimum investment is £20 a month or a £150 lump sum. There is a trust facility which can help protect a child&#39s investment from inheritance tax at no extra charge.

Investment trust marketing Rosie Rankin says: “University is a great opportunity for many young people to develop and learn but the debt they amount will be a burden to them thereafter and a concern for parents.

“Parents believe investing in a child&#39s future is the most important investment they can make. Even saving small amounts now can make all the difference in years to come.”


Don&#39t dam the stream

So now it is trail commission. I wondered what the next “scandal” might be and, having seen the headlines in the money sections of the national press along the lines of how greedy advisers rip off customers by £140m a year, the waiting is over Let me first say that if customers are effectively being […]

Product Matters

The recent announcement by GMAC torevisit its range of self-cert products is not a coincidence and neither should it be interpreted as a normal market development. It is clear that this is a very deliberate step to grab the market by the throat and clearly fill the void that other lenders have created by their […]

BBA announces July lending figures

Total sterling lending to the UK private sector rose 1.1 per cent to £1,015.6bn in July from £1,004bn in June according to data gathered by the British Bankers&#39 Association. The £5.7bn rise for July is lower than the June figure of £6.4bn but close to the monthly average of £5.8bn. The July statistics show net […]

Luton leads league of Friends

This year, Friends Provident and Isis Asset Management are celebrating the 20th anniversary of the launch of the first retail ethical investment funds in the UK -the Stewardship funds – by joining forces with Money Marketing to offer IFAs the opportunity to win a fantastic holiday to Morocco plus many other prizes. The results for […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm