Whether you are retiring, joining a new company, setting up your own business or being made redundant, you should consider which benefits from your previous employment you need to preserve or protect. If your departure involves a payment, as in redundancy, you should consider how best this can be used to provide for yourself and your family in the future.
Protecting your benefits
In many cases, employers provide more than just a salary. Your benefits may include employer pension contributions, life cover and/or health cover. In many cases it is advisable to take steps to protect or continue these benefits after you leave employment, and sometimes it is possible to do so on advantageous terms rather than commencing a brand new policy.
Click below to find out more about protecting or preserving your employee benefits after leaving employment.