Read the latest Personal Injury News below

ASHE Update – Autumn 2017

The new ASHE dataset was published by the Office for National Statistics on 26 October 2017. 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 Codes relevant in […]

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Our response to the PI Discount Rate Consultation

The Personal Injury Discount Rate: How it Should be Set in the Future -­ Response to the Draft Legislation Our Credentials The Nestor Financial Group is a director led firm of Independent Financial Advisers offering pre and post-­settlement financial advice to personal injury claimants and their representatives. Nestor is based in the North-­West of England and […]

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The Discount Rate – Upping the Damages

The Discount Rate Consultation closed for responses on the 11th May and we all now await further developments. In the meantime, the -0.75% rate is the new starting figure when assessing awards for future losses. When the then Lord Chancellor, Ken Clarke, announced the commencement of the previous review, as long ago as November 2010, […]

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Shedding Light on the New Discount Rate

A Summary of the Discount Rate Repercussions Talk, Discussion and Q&A with Andrew Axon of Park Lane Plowdon and Jennifer Stone of Nestor. The Lord Chancellor’s announcement of a new discount rate of -0.75% on 27 February 2017 sent shockwaves through the personal injury community. To address some of the issues raised, Nestor director Jennifer […]

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Discount Rate Consultation

As expected, the Ministry of Justice published its consultation on the discount rate last week. Titled The Personal Injury Discount Rate – How it Should be Set in the Future, it contains 32 questions over more than 50 pages which require detailed answers, as well as a lengthy questionnaire seeking the respondent’s views on periodical […]

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The Discount Rate – Rumours of the Death of Periodical Payment Orders are Greatly Exaggerated!

Since the announcement of a review, seven years ago no less, news of the Lord Chancellor’s decision to dramatically reduce the 2.5% discount rate down to -0.75%, still came as a surprise to many involved in personal injury litigation. Finally, we have a decision based upon the economic realities of investing damages in low/no-risk investments, […]

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Case Study – Helen Niebuhr

We were delighted to hear from Helen Niebuhr of member firm Knights 1759 last month that she recently concluded a case introduced through the Brain Injury Group for £1.84m plus costs. The case involved a married mother of two adult sons who suffered a serious head injury in 2011 when she was hit by a […]

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