Retrenchment/Redundancy

Depending on your circumstances and financial situation, a redundancy may come as a pleasant surprise or a rude shock.

Perhaps it is an opportunity to substantially reduce debt or bring forward retirement. Or perhaps you are left without the prospect of work in the near future and anxious about what lies ahead.

Whatever your personal situation, it may be essential to get financial advice as early as possible. Most of the strategies available to help maximise the financial value of a redundancy need to be implemented before you receive your payout.

As authorised representatives of Madison Financial Group, we have the qualifications and knowledge to provide you with advice on helping you:

  • Minimise tax on your payout
  • Use the funds to reduce and consolidate debt
  • Maximise your social security entitlements
  • Maintain adequate insurance
  • Prepare a budget to make your payout last

We have helped many people facing redundancy to maximise the value of their payout and move confidently to the next stage of their career.

If you would like to discuss your situation in a no-obligation consultation, please contact us to arrange a convenient time.

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