Separation programs

There are also a couple of different programs currently on offer such as the Career Change Program for primary school teachers and the recently announced Voluntary Separation Program (VSP) which is being offered to targeted Government employees in non-front line service delivery roles.

There can be both financial and non-financial issues to consider when deciding whether or not to accept a voluntary offer to leave employment. If you decide to take up an offer, speaking to a financial adviser can help to make sure you're making the right choices for your lump sum payment.

Q Invest has established a dedicated hotline for advice regarding these types of programs. Call 1800 997 683 to speak to an Adviser.

Click here to download our VSP Fact Sheet.