Association of Personal Injury Lawyers
A not-for-profit organisation representing injured people

Reaction to Government's response to consultation on setting the discount rate

07 Sep 2017
APIL news

Brett Dixon, president of the Association of Personal Injury Lawyers (APIL) said

 

“The discount rate must be set to meet the needs of catastrophically injured people. Someone with a life-long, life-changing injury such as brain damage or a spinal injury cannot afford to take any risks with how his compensation is invested. He needs the money to keep a roof over his head, to fund his equipment, and to feed and clothe him and pay for his care for the rest of his life. We need to examine the detail of the Ministry of Justice’s response, but what I can say is that the new formula for calculating the rate will be critical to injured people.

 

The last thing people with devastating injuries think about when they are lying in hospital is their insurance premiums. They think about how they are going to manage. Insurers say an increased discount rate will ‘benefit’ customers through their premiums. It is of no benefit if they are severely injured and forced to take risks with the compensation they so desperately need.”

Past statements and comments

Response to Scottish personal injury discount rate announcement, 30 Sep 2019
Government responds to MedCo consultation - APIL statement, 05 Sep 2019
Lord Chancellor announces discount rate change – APIL response, 15 Jul 2019
NHS Resolution annual report 2018/19: Reaction from the Association of Personal Injury Lawyers (APIL), 12 Jul 2019
APIL's response to the publication of the fixed recoverable costs consultation, 28 Mar 2019
Lord Chancellor announces start of discount rate review – APIL response, 19 Mar 2019
NHS Resolution annual report 2017/18: Reaction from the Association of Personal Injury Lawyers (APIL), 13 Jul 2018
Civil Liability Bill debate on whiplash reform in the House of Lords - reaction from the Association of Personal Injury Lawyers (APIL), 13 Jun 2018

More past statements

Head of Public Affairs
Lorraine Gwinnutt
0115 943 5400
lorraine.gwinnutt@apil.org.uk

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Jane Hartwell
0115 943 5416
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Press & Communications Officer
Lizzy Freeman
0115 943 5431
lizzy.freeman@apil.org.uk