See our articles in the Personal Injury press below

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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Periodical Payment and Lumps and Sums

A Lifetime Commitment Jennifer Stone, Nick Leech, Andrew Sands and Nick Martin reflect on the implications of the change in the discount rate. In order to understand the current discount rate, it is useful to appreciate what has led us to this point. For a large portion of the last century, lawyers and judges were […]

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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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Managing damages for Brain Injured Claimants – Mass Insight Magazine Autumn 2016

Andrew Sands and Nick Leech, specialist financial advisers and directors of Nestor, discuss what is involved in setting an investment strategy, aimed at ensuring awards of damages last as intended. It is not entirely straightforward, but proper financial planning should commence pre-settlement and include consideration of personal injury trusts, where appropriate; and of course, periodical […]

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