Periodical Payments - Daniela Fusi, Simpson & Marwick
11/12/12. Periodical payments are a contemporary issue in light of the consultation currently being carried out by the Ministry of Justice on how to calculate an appropriate discount rate to determine multipliers for future loss. The consultation arises as a result of concerns that the current discount rate of 2.5%, set in 2001, does not in fact reflect the level of return a prudent investor could expect to achieve in the current economic climate. This is relevant in catastrophic road traffic accidents where damages in respect of...
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