ASHE Update – Winter 2014

The new ASHE dataset was published by the Office for National Statistics on 19th November 2014.

For periodical payments agreed or awarded since the Thompstone group of cases, this dataset will dictate the level of claimants’ periodical payments for the next year.

The hourly rates applicable to ASHE 6115, the Standard Occupational Code relevant in most cases, are shown below, from 60th percentile upwards.

ASHE Dataset Table - Winter 2014

Claimants in receipt of ASHE 6115 indexed periodical payments (from the 75th – 90th percentiles) will be due a slight decrease in their periodical payment this year.

The ONS now publishes the ASHE 6115 data separately from the main data tables; the relevant figures are now to be found in Table 26.5 (a). The care workers’ category is produced by combining SOC 2010 codes ASHE 6145 (care workers and home carers) and 6146 (senior care workers). This produces a group that is equivalent to ASHE 6115.

Many claimants in receipt of periodical payments will receive their next payment on 15th December 2014.

Nestor is experienced at calculating payments due whether for individuals or in quantity and, should you require any assistance in checking the indexation calculation, our directors will be pleased to help.

Expert financial advice in high value cases is inherently complex. There are many aspects of such cases where expert help is a necessity. It is not as simple as it might first appear.

For an experienced, impartial view on periodical payments, personal injury trusts, investment of lump sums, and entitlement to state benefits, please telephone one of our specialist Directors on 0161 763 4800. We will be happy to have a no-obligation discussion.