MLC creates redundancy toolkit
In a sign of the times, MLC has created a guide for planners with clients who have received or are facing redundancy.
The toolkit, created by the group’s technical services team, provides guidance on budgeting, continuing to plan for retirement, debt management and maintaining insurance cover, among other matters. The guide also looks at how to deal with redundancy payments, including the investment and tax treatment of such payments, while also looking at government allowances that may be available.
It includes a guide for clients as well as a presentation that advisers can use at client seminars.
AUTHOR
Mike Taylor
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