Welcome to Fab after Fifty

At Fab after Fifty we are passionate about women over fifty making the best of their lives. There has never been a better time to be 50! We'd love you to join in the conversation. Be Seen. Be Heard. Don’t be invisible. Be Fab after Fifty!

Join Free Today!

Join Our Community Today

Join a community of like-minded women making the second half of life the best half! The Fab after Fifty community is all about informing, sharing and inspiring.

It’s always good to share with friends- old and new, so why not make yourself a cup of coffee or pour a glass of wine and join in the conversation.

Get Started!


Check out our latest style tips and picks to look fabulous over 50!

It’s always good to share with friends- old and new, so why not make yourself a cup of coffee or pour a glass of wine and join in the conversation.


Diet and Fitness

The latest in nutrition and fitness to be healthy over 50!

Diet & Fitness


Tips to look best possible fabulous YOU!



Whether you're setting up a business or looking for employment, make sure you're marketable over 50


First Steps to take if you are made redundant in your 50s

Article by Ceri Wheeldon

woman made redundant over 50 imageRedundancy can be difficult at any age, but for those women facing redundancy in their  50s , the prospect can seem even more daunting, especially in the current economic climate.

Understand your redundancy payment

Once the initial shock has worn off, and you come to terms with the situation, there are some practical steps you need to take independently from searching for another job:

1.    Ensure that you have all the necessary paperwork from your employer, including your P45 and all relevant information relating to your employee benefits and pension rights with appropriate contact details

2.    Ask for references before you and gain agreement that contact details can be given to any prospective employers

3.    If you have received a redundancy payoff, ensure you have  a detailed breakdown as to how that payment has been calculated and any deductions taken

4.    Check with the HMRC and check to see how your redundancy (including payoff )has affected your tax situation . HMRC has a helpful fact sheet  on redundancy and NIC and tax contributions.

Check your insurance cover

5.    Do you have an insurance policy covering you in the event of redundancy – check the details and inform your insurer of your situation

6.    Did you have a comprehensive benefits package as part of your compensation with your employer? If you received insurance for private health cover and life insurance you may wish to take out personal  policies to remain covered

7.    Prepare a statement of your own financial situation. If you are looking to claim jobseekers allowance or other benefits, many are means tested, so it is best to have all your information up to date.

8.    Take time to review your own expenditure – not going into the office every day does present you with the opportunity to take time and evaluate exactly where your money is spent every month.

9.    If you have received a lump sum pay off, seek financial advice on how best to invest it – should you use it towards paying off your mortgage, retain for living expenses etc.

Once they have dealt with the practicalities, many women start to see redundancy as an opportunity to make positive changes in their lives.  Many of our ‘Fabwomen’ featured have changed careers or set up businesses following redundancy.

Ceri Wheeldon

Ceri is Founder and Editor of Fabafterfifty.co.uk She is a frequent speaker at events and in the media on topics related to women over 50 , including style and living agelessly. With 20+ years experience as a headhunter Ceri also now helps support those looking to extend their working lives.

More Posts - Website

Follow Me:
TwitterGoogle PlusYouTube

Loading Facebook Comments ...

Add a comment

Skip to toolbar