Seven out of ten Indian parents say that planning for their child’s education is the best investment they can make , according to a HSBC study called ‘value of education - springboard for success’. The research explores parent’s attitude and behaviors towards children’s education. Suresh Sadagopan of ladder7 financial advisories agrees with the findings and says that many clients have two major goals – child education and retirement. He suggests financial advisers to keep education inflation in mind before recommending any products. “ Typically, education inflation is much higher than CPI and WPI. Also, if parents aspire to send their children abroad, advisers should factor in currency risk. It’s better off to recommend a combination of equity funds, debt funds and term insurance plan which covers equal liability. Child plan offered by insurance companies are expensive for your clients .” “In India, parents feel funding for their child’s education is one of the major respons