Discount rate
Lord Chancellor seeking expert panel for discount rate review
The Lord Chancellor is sourcing a panel of three experts to provide testimony on potential changes to the discount rate on personal injury damages.
Discount rate decision could be delayed, warns Kennedys
Insurance law firm Kennedys has cautiously welcomed the government’s research into the personal injury discount rate and warned that the outcome of the paper could delay a decision of whether the rate should change.
Apil: Seriously injured people risk being short-changed in government plans
Severely injured people could face having their damages cut further under government proposals, the Association of Personal Injury Lawyers has claimed.
Discount rate must reflect investor reality, says Kennedys
Discount rate rules should be adjusted to reflect the fact that claimants can claim better returns through investment, according to law firm Kennedys.
New Apil president promises discount rate fight
Newly-elected Association of Personal Injury Lawyers president Matthew Stockwell has marked his debut with a combative speech pledging to resist any increase of the discount rate.
Discount rate proposals attack the 100% compensation principle
Calls for changes to the current approach for setting the discount rate are attacking the principle that injured people should receive 100% of their compensation, David Westcott QC has argued.