Blacktower Ready to Respond to New Challenges

Labour MP for Islington South and Shadow Foreign Secretary Emily Thornberry has published an article for Politics Home in which she calls for greater pensions freedoms for public sector workers.*

Written as part of her failed leadership campaign, the article named five major policy areas she felt the party needs to address in the future: climate crisis, the NHS, Social Care, affordable housing, and pensions.

In fact, the article was largely concerned with the issue of public sector pensions as Ms Thornberry warned that the country faced a “ticking time-bomb” in respect of the sums which will become payable in future decades. She quoted a 2017 estimate which suggested that public sector pension liabilities had a £1.7 trillion shortfall. She said that the public currently spends around £40 billion a year meeting this gap.

Private school education offers many benefits outside of the obvious statistical performance advantages. As much as anything it is about allowing for personal growth, developing confidence, providing opportunity and building beneficial networks and skills that will last and serve for a lifetime.

But it can be expensive, and this is why intelligent use of expat regular savings together with a holistic wealth management strategy can help both parents and grandparents make the necessary plans to ensure that their descendants are able to enjoy a first-class education with only the minimum of stress.

Of course, the cost of fee-paying schools varies depending on which school is attended, whether the pupil is a boarder and, indeed, whether the pupil is living in the same country as its parents. But regardless of whether the cost is just €5,000 a year for a single pupil or €60,000 a year for two pupils, meeting these costs is going to require you to optimise your expat regular savings towards your education fee planning needs.