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Facing redundancy and need financial advice?

Talk to an adviser

Got questions about redundancy tax and how to make your payout last?

Redundancy, whether forced or voluntary, can generate a lot of emotional and financial stress. The good news is you are likely to receive a redundancy payment from your employer. The bad news is how complicated the tax implications and resulting financial planning can be. The key to making the most of your redundancy payment for the long-term is to fully understand what your entitlements and then make a considered plan with the help of a qualified financial adviser to manage your payout package in the best possible way.

The meeting with one of our experienced financial advisers takes approximately 1 hour at any of our offices in Melbourne, Brisbane and Adelaide. We don't charge for the first meeting because we want to make sure we're right for you and you're right for us. You don't pay anything until you agree to receive personalised advice, but at a first meeting we can answer many of the financial questions worrying you most.

We’re here to answer common redundancy questions

  • What are the elements of my redundancy payment?
  • What is considered an Eligible Termination Payment (ETP)?
  • What tax concessions do I receive on my ETP?
  • How is the ETP paid? Can I roll it over?
  • How do I make sure I get the most out of my payment?
  • What do I do with my super?
  • Am I entitled to Centrelink benefits?
  • What if I want to use my redundancy as an opportunity to retire early?
  • Do I need to review my insurance arrangements before they lapse?

We're here to help you build a bright financial future

  • Estimate how long you can live on your redundancy payout given your current expenditure and plans.
  • Explore short and long term options for managing your payout.
  • Discover the best ongoing option for maximising your superannuation; from industry funds to self-managed funds.
  • Consider how redundancy may impact your Life, Income Protection and TPD insurance.
  • Discuss how to maintain your lifestyle and achieve your ultimate retirement goals.
  • Develop options to pursue the career or life change you’ve always wanted.

What makes our advisers different?

  • We partner with leading out-placement service providers to help professionals facing redundancy
  • Our advisers are degree-qualified Certified Financial Planners (CFP’s)
  • We're an FPA Professional Practice - we pass a rigorous audit every 3 years to demonstrate the highest professional standards
  • Our advisers have an average of 10 years tenure so we’re here to help for the long haul
  • We’re not owned by a bank or other financial institution so we’re free to put your best interests at the heart of our advice process
  • Geoff and Fiona Freeman

    Geoff and Fiona Freeman

    ★★★★★

    I turned to Richard Dahl for advice about managing a small portfolio of shares when I was just 21 and working at Mitsubishi. When I got my first well-paid job at 23, I used his advice again to get serious about building my superannuation. My goal then was to retire at 50. I’m now 55 and semi-retired, set to retire fully next year. Richard’s advice has seen us through everything from paying off the house, to the kids’ education and making the most of a redundancy package. Our relationship with Richard has also helped cement our financial goals as a couple. The annual review meeting has kept us on track and it’s been great to see our savings and investment projections turn into reality over the years. After all the hard work and raising two independent daughters, we’ve gone full-circle and now it's time for us again.

    Richard Dahl
    Richard Dahl Principal Financial Adviser & Investment Committee Chairman
  • Cliff Wright

    Cliff Wright

    ★★★★★

    I first met David Batchelor when I took a voluntary redundancy five years ago. David helped me move from a defined benefit scheme into a super accumulation fund and plot a path to early retirement. It was refreshing to meet a professional and knowledgeable adviser who was more interested in my needs than their own. Under David’s guidance I now have more money than when I started investing with FMD Financial, even though I’m drawing a comfortable monthly income stream. Life is short and I’m enjoying the retirement lifestyle I want with the confidence my money will last for the long haul. I've met other FMD clients at their regular events and no-one has a bad word to say about them. I'd certainly recommend David and the team to anyone facing redundancy and looking for expert financial advice.

    David Batchelor
    David Batchelor Principal Financial Adviser

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