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Services for Individuals

FAQs

Frequently asked questions for individuals


Q.

What happens if I have been seriously injured and left unable to work for long a period, return to work in a reduced capacity, or forced to leave employment for good?

A.

A client’s pension loss must be considered before any settlement is reached, with new legislation and the introduction of the government’s Compulsory Workplace Pension Scheme, this area is likely to become even more complex and more common particularly, where there is also a loss of earnings. Even cases involving minors must now be assessed for potential pension losses in adulthood. Failing to properly assess these losses can leave legal professionals and their firms open to professional negligence claims in the future.

Q.

What if I have suffered a life-changing incident or injury, and need to adapt my house or even move?

A.

It’s necessary to review a client’s living arrangements and consider whether it remains suitable for their ongoing needs. We can provide you with expert evidence on alternative methods of funding the increased cost of accommodation, investigating amongst other things the cost of renting or servicing a mortgage for a lifetime.

Q.

I feel worried about receiving my money in a one off lump sum payment – what if it runs out?

A.

In some cases, securing a settlement via a one-off lump sum payment is not the best option for the client.   They may prefer to receive their damages in annual payments so they have the reassurance of a guarantee income for life.

Having such a fixed annual payment, tax free and linked to an appropriate index  alleviates client fears that the ‘pot’ could run dry throughout their lifetime, leaving them dependent on the state or relatives.

 

Q.

My award settlement is not as much as £1 million – am I suitable for a Periodical Payment Order?

A.

It is a common misconception that only cases which are likely to secure an award in excess of £1 million are suitable for PPOs, when in reality cases involving much less may beneficial for the client.

Our experts have years of experience of examining the financial circumstances of each individual client, detailing the options and advising whether a lump sum, PPO or a combination of the two would be the best way forward.