Clients in receipt of a damages award following a serious injury require an investment management plan to ensure income is provided for the client’s life expectancy.
Working on such cases requires sensitivity to the unique requirements of the client, family and guardian. At a time when solicitors and guardians are facing increasing regulation and bureaucracy, you may want to consider a partner who can focus on the day to day management, work closely with your team and deal with the following issues:
- Establishing the client’s financial needs over the short, medium and long-term as well as identifying any special requirements that they or their family may have.
- Developing a safe investment strategy which reflects an appropriate attitude to low risk and the right balance between the needs of an immediate income and long-term capital growth.
- Making sure the investment portfolio is structured in the most tax-efficient way.
- Conducting regular reviews so that any changes in circumstances or the client’s financial situation are taken on board.
- Provide high quality reports which satisfy both your and the regulator's requirements.
The value of investments can fall and you may get back less than you invested
