Head of sales and marketing for investment trusts at JPMAM James Saunders Watson said it was "concerning" that many adults were putting a comfortable retirement at risk and outlined more secure ways for parents to pay for private schooling.
Mr Watson said: "By organising investments for the long term into a specific investment trust, parents can have the peace of mind that their money is in a safe place for the specific purpose of paying for a childs private education."
JPMorgan Asset Management is the largest manager of investment funds in the UK, looking after £7.3 billion worth of customer assets.
The group's findings were announced after a survey by Directgov revealed that many adults in the UK don't know how much they have saved in pension schemes.
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