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Education

Caring parents would like their children to flourish and possess a prosperous future; they are also concerned about the quality of education their children receive. To ensure your kids receive quality education, a comprehensive savings protection plan is indispensable.

 

Ideal education is more costly than you imagine

​University graduation has become parents’ basic expectation for children’s education

  • 90% of parents aim to support their children through university, including postgraduate studies, and even when they get married or have their kids.

​Extra-curricular expenses are significant

  • Extra-curricular expenses during primary and secondary schooling are significant, ranging from an average of RM50,000 to over RM100,000, nearly equal to basic tuition fees.

​Enormous costs of university studies overseas

  • To support children for their overseas studies, parents need to pay an enormous amount for their tuition fees and daily expenses, which can sum up to RM1 million or above and keep soaring, especially in the UK.

​Parents’ attitudes towards education savings planning and financial tools

  • 40% of parents think that their children’s education is too remote to worry about and that they can only take one step at a time.​

  • 34% parents have thought about saving for their children’s education, but do not know how to start.

  • Putting money in a bank savings account is the most common tool parents use to manage education savings (55%).

 

Are you prepared to plan properly for your children’s future?

We understand your wish for a bright future for your children. Let us help you start to meet your savings goals and pave the way for their education.

 

Tips & Advice

Focus on the target

Calculate the real cost of your children’s education to set a clear goal for your savings.

Have a savings plan

Use financial tools that guarantee stable returns and protect your savings from inflation.

Plan ahead

The earlier you start, the easier it is to achieve your goal.

Seek professional advice

Ask for a financial planner’s help to find a solution that suits your needs.