Consultation outcome

Personal Injury Discount Rate: Exploring the option of a dual/multiple rate

From:: Ministry of Justice
Published: 17 January 2023
Last updated: 12 September 2023 바카라 사이트� See all updates

Applies to England and Wales

Read the full outcome

바카라 사이트 response

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Detail of outcome

The call for evidence closed on 11 April 2023 and a response document has now been prepared and published. The response document summarises the submissions received from stakeholders but does not include any specific policy proposals or commitments. The submissions, analysis and evidence will now be provided to the statutory PIDR Expert Panel for their consideration ahead of the next PIDR review to be completed in 2024.

Original consultation

Summary

This paper seeks evidence on how a dual/multiple personal injury discount rate system might work and what its effects on claimants and defendants might be.

This consultation was held on .

This consultation ran from
9:30am on 17 January 2023 to 11:59pm on 11 April 2023

Consultation description

This call for evidence examines the issues related to the introduction and use of a dual and/or multiple rate. It explores a variety of issues including whether different rates could be set for 바카라 사이트榟eads of loss바카라 사이트� or by 바카라 사이트榙uration of injury,바카라 사이트� as well as looking at dual/multiple rate models currently in operation in other jurisdictions.

The call for evidence is aimed at people with an interest in high value personal injury claims in England and Wales and how damages awarded are invested.

Documents