By Aduragbemi Omiyale
A Child Education Plan aimed to provide parents and guardians with an easy and appropriate way to handle the burdens of tuition payment through efficient planning and long-term investments has been launched by DLM Asset Management, a DLM Capital Group subsidiary.
The initiative aligns with the firm’s commitment to providing opportunities for parents/guardians to secure the education of their children or wards through effective planning and sustainable investments.
The product is a suitable and flexible investment plan that enables parents/guardians to plan and fund their children’s education from kindergarten to tertiary levels.
The DLM Child Education Plan allows parents to plan and invest in their children’s education on a monthly, quarterly, or annual basis.
According to the company, the Child Education Plan also allows investors to tailor their plans based on their specific needs or situations.
The DLM Child Education Plan is divided into the Silver plan, which requires a minimum of N20,000 per time, the Gold plan, which requires a minimum of N100,000 per time, and the Platinum plan, which requires a minimum of N250,000 per time.
Furthermore, the DLM Child Education Plan provides the option of working with an advisor who will provide relevant and useful information while guiding the client through the entire planning process.
Speaking about the new product, Mr George Aniegbunem, Head DLM Asset Management, stated, “Despite the recent economic meltdown, most parents and guardians will agree that the importance of education cannot be overstated.”
“As a result, the DLM Child Education Plan was implemented to provide a sustainable and dependable plan for funding a child’s education at all levels of education (mostly primary, secondary, and tertiary levels).
“Indeed, the current economic situation and high inflation rate have put tremendous strain on many families; thus, we are here to help with strategies that would provide a suitable plan, financial literacy, and the ease of funding children’s education in a seamless manner,” Mr Aniegbunem added.