Voluntary redundancy: should I stay or should I go?

Escaping the daily grind, particularly to pursue a special interest, can seem appealing, but prepare before putting your hand up.

Taking voluntary redundancy can be a fantastic opportunity to ditch the drudgery of your job and follow your dreams.

However, while a redundancy package can be tempting, it’s important to weigh up your options and the financial implications before taking the leap.

Our adviser Helen Richardson speaks to Sam Barrett at Money Observer to give her expert opinion:

"The cost of replacing benefits such as private medical insurance and life insurance can be high, especially as you get older."