A work colleage of mine recommended Australian Scholarships Group (ASG) to help with the costs of our children's education. My basic understanding is you invest $X amount lump sum/monthly contribution which is then invested and the interest carries tax concessions when used for educational purposes. I've looked into it and booked in an appointment with them however there are a few blog posts etc. that advise against them due to high fees and questionable T & C's. Barefoot Investor recommends doing the same thing via Investment Bonds in the childs name (Steer Clear of Australian Scholarships Group (ASG)). At this point I'm more inclined to take the DIY approach as opposed to ASG. Can anyone shed further light on the subject? Any recommendations for a financial advisor who understands the in's and out's of this investment setup?