If you are receiving a Return-to-Work Redemption payment, it is a requirement to obtain professional financial advice before WorkCover can process your payout. At ODV Private Wealth, our experienced advisers provide clear guidance to ensure your lump sum is used in a way that benefits you the most.

Why Financial Advice is Essential

A Redemption payment is essentially a lump sum payout that finalises your WorkCover process. Receiving this payment can raise complex financial considerations, including:

• Liquidity and cash flow management

• Repayment of debts

• Retirement planning

• Centrelink/Social Security implications

• Tax considerations

• Investment decisions

Our advisers will demystify the process, review your options in plain, readable language, and provide written recommendations tailored to your situation.

How We Help

• Work directly with your legal and medical practitioners to streamline the process

• Identify opportunities to improve your financial well-being

• Provide advice fully funded by WorkCover, meaning no out-of-pocket costs

• Ensure you make informed, strategic decisions for your future

Get Expert Advice for Your Redemption Payment

Book a WorkCover & Return-to-Work Consultation
Call (08) 8352 2522 or Book Online