Get the most out of your redundancy.
At Elevate Financial Planning, we understand that redundancy is a difficult and challenging experience for individuals, and we’re here to provide support and guidance during this time. Whether you’ve recently been made redundant or are concerned about the potential of redundancy, we’re committed to helping you navigate this process with confidence and ease.
With our team of experienced advisors, we provide tailored financial advice and support to ensure you make informed decisions that align with your personal goals and objectives. Our aim is to provide you with peace of mind and a clear path forward during this transition period.
What is Redundancy?
Redundancy is a term used to describe the situation when an individual’s employment is terminated due to reasons outside of their control, such as company restructuring, downsizing or closure.
In such cases, the employee may be entitled to receive redundancy pay, which is a lump sum payment made by the employer to compensate for the loss of their job.
Understanding redundancy and its potential impact on personal finances is important for individuals to make informed decisions and plan for the future. While redundancy can be a stressful and worrying time, the team at Elevate Financial is on hand to support you with clear and straightforward advice as well as provide you with reassurance at the same time.
At Elevate Financial, we put our clients’ needs first. That’s why we offer tailored support and advice to help individuals navigate this difficult time. Our team of experienced advisors works closely with clients to assess their financial situation and provide guidance on managing their finances during the transition period. We offer a range of services, including reviewing redundancy pay entitlements and creating a personalised financial plan to ensure clients have the necessary resources to meet their financial goals.
Our goal is to provide individuals with the support they need to move forward with confidence and security.