A Farewell Letter to Clients is essential when a professional or service provider plans to leave their current position or transition their practice. This document, particularly important in Singapore's relationship-focused business environment, serves to maintain professional standards while ensuring smooth client transitions. The letter must balance personal touch with professional requirements, including necessary information about service continuity, new contact details, and transition arrangements. When drafting this document, consideration must be given to Singapore's PDPA requirements, industry-specific regulations, and professional codes of conduct.
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Key Requirements PROMPT example:
Farewell Letter To Clients
"I need a Farewell Letter to Clients as I'm leaving my financial advisory practice in Singapore on March 15, 2025, and need to inform my portfolio of 200+ wealth management clients while ensuring compliance with PDPA regulations and including details about their new advisor."
1. Opening Gratitude: Expression of appreciation for client's trust and business relationship
2. Announcement of Departure: Clear statement of departure and effective date
3. Transition Plan: Information about service continuity and handover arrangements
4. Contact Information: New point of contact or successor details
5. Closing Statement: Professional closure and well-wishes
1. Future Plans: Brief mention of next career move if appropriate and not restricted by agreements
2. Special Instructions: Any specific actions clients need to take, used when service transition requires client action
3. Timeline of Changes: Detailed transition schedule, used for complex service transitions
1. Handover Documentation: Details of new service provider or contact person
2. FAQ Document: Common questions and answers about the transition process
3. Service Continuation Forms: Any required forms for continuing service with new provider
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