Our website utilises cookies to automatically gather certain statistical information. The processing of this data is for aggregated statistical analysis only. We do not identify individual users from this type of data and it does not involve the processing of personal data about you. This information helps us to measure how individuals use our website and our services, so that we can continually improve them.
×
Summary
To give employees greater confidence when faced with redundancy or leaving service early.
Suitability
Anyone considering leaving employment early, taking early retirement or early severance terms, due to redundancy.
Course Objectives
- To ease financial concerns by clarifying key financial issues in particular those related to leaving service early and how best to deal with them
- To assist with decision making when offered early severance or redundancy
- Understanding the next steps & where to receive further guidance and regulated financial advice
Course Structure
Statutory redundancy & personal taxation
- How much is statutory redundancy pay?
- How is it taxed?
- How to claim a tax refund
- Income tax
- Personal savings allowance
- Tax free dividend allowance
- Capital gains tax
- ISAs
Workplace pensions
- Defined Benefit schemes
- Defined Contribution schemes
- Options on leaving the pension scheme
State Pension & benefits
- State Pension ages
- The new State Pension
- Jobseekers Allowance
- Universal Credit
- Other benefits
Assessing your finances
- Insurance policies
- Personal budgeting
- Mortgage & debt
- Financial goals
Making the most out of the situation
- Savings & investments
- Boosting your pension savings
Inflation
- How inflation can erode the value of money
- Life expectancy
Savings & investments
- Risk and return
Estate planning
- Inheritance tax
- Wills and intestacy
- Lasting Power of attorney
For further details please contact events@affinityconnect.org or contact Training on 0800 019 6076.