Effective investment risk management and control is therefore vital and selecting the right investment adviser for the claimant is of paramount importance.

Not only is it essential to go through the usual processes of agreeing reasonable financial aims, choosing an appropriate level of risk and then selecting the correct investments, but further issues must be taken into account which include:

• The use of Trusts, the role of Trustees and the relevant legislation.

• Pre-settlement issues such as Periodical Payments and how they complement any conventional investments.

• The role of the Court of Protection and the Office of the Public Guardian (if applicable).

• The interaction of the Personal Injury Award with entitlement to State Benefits and/or Local Authority Assistance.

• The claimants continuing relationship with other professional adviser(s).

• The claimants tax position.

We understand that a smooth transition from the legal team acting in their pre-settlement capacity to the post-settlement financial management team is vital.  Claimants’ problems do not disappear post-settlement, they are simply faced with a different set of issues. We have the expertise to ensure claimants future financial planning needs are dealt with in an effective manner.

The principles of Wealth Management are often common to all clients, and follows several Steps Rules. Please visit the Wealth Management section of our website to find out more about our investment services.

We have been at the forefront of designing unique investment strategies for personal injury survivors, including the 7IM Personal Injury Fund.

Please contact us if you need more information about Investing Personal Injury Damages Awards.