Achieving reasonable interest rate with regular drawdown

[TheGirlOnTheLanding]

DH has been offered voluntary redundancy and we are considering the options.

If he were to take the offer, he would have a reasonable sum to tide us over, but potentially would have to take the equivalent of a salary out of it for several months until employed again. All the savings accounts I've looked at seem to be easy access with terrible interest rates or locked away for set periods with slightly less terrible interest rates! I had hoped if the sum withdrawn was 1 per month only and set at the same amount each time, it might be possible to get something a bit better than easy access rates, but I don't know if I'm hoping for the impossible. Happy to consider splitting the lump sum or shifting it as needed. Any suggestions?

With Notice Accounts can give a higher interest but still probably will not beat inflation.
Virgin do a DoubleTake cash ISA which allows 2 withdrawals a year (this the name) but rate is 1.45 I think last time I looked.

Any money held as cash, so for instant access, will not be at a good interest rate. So hold as cash for as short a period as possible, once he has another job, have some as an emergency fund (3-6 months of expenses) and then put the rest to work - Mutual fund(s) with in a Stocks&Shares ISA wrapper and mutual funds within a Pension wrapper.

Thanks @nannynick

bit late but...there are no cash accounts which pay even a third the real rate of inflation (like hell is it 1.5% - have you seen fuel bills? Insurance bills?) So you are stuffed with cash savings. As above, look into a spread of investments, while keeping six months living expenses accessible for now.

remember you need to split the amount if it is over 85k.