Richard is a director of Personal Financial Planning Limited, a company of Independent Financial Advisers dedicated to advising recipients of personal injury damages.
Richard is involved, predominantly on behalf of claimants, as a financial expert in providing pre-settlement opinion on the form of an award (periodical payments or lump sum). He is also frequently asked to provide post-settlement advice on investment planning and management, personal injury trusts, State Benefits entitlement, statutory provision of care and assistance, taxation and assurance. He is therefore a ‘hands-on’ practicing IFA rather than a full-time expert witness.
Richard is committed to financial innovation and ensuring that his clients’ damages last a lifetime. He provided expert financial advice for the claimants in all four of the Thompstone et al ‘indexation of periodical payments’ cases and has recently been appointed to the Ministry of Justice’s expert panel to advise the Lord Chancellor on the discount rate.