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Periodical Payment Order or Lump it?
The Scottish Courts are to be given power to impose periodical payment orders. Alteration to the method of fixing the discount rate, the impending legislative requirement to obtain actuarial advice and the perennial uncertainty of life expectancy all point to the need for both parties to consider whether to seek or resist a PPO in larger claims.
This seminar will consider the proposed legislative changes – the practicalities of PPOs and their security, indexation and life expectancy. Chaired by Ampersand’s Simon Di Rollo QC, leading speakers include financial consultants Ian Gunn and Richard Cropper from Personal Financial Planning, economist and specialist in Human Resource Management Professor Victoria Wass of Cardiff University and actuary Richard Auld.
This seminar will be of interest to all personal injury and medical negligence litigation specialists.
The confirmed Programme is:
9.10 – Registration
9.30 – Chair Introduction from Simon Di Rollo QC
10:00 – Kenneth Auld, Fellow of the Institute and Faculty of Actuaries, XPS Pensions “Periodical Payment Orders”
10:20 – Professor Victoria Wass “Indexation of Periodical Payments for Care”
10:50 – Break
11:15 – Ian Gunn, Personal Financial Planning Limited “PPOs and Security”
11:45 – Richard Cropper, Personal Financial Planning Limited “Financial advice on the form of an award for future losses”
12:20 – Ian Gunn, Personal Financial Planning Limited “The insurer’s perspective ”
12:30 – Panel discussion
13:00 – Q & A
13:15 – Close, followed by light lunch and networking
This event should qualify for 3 hours of CPD.