Setting the Personal Injury Discount Rate - Government Actuary's advice to the Lord Chancellor
Advice to the Lord Chancellor to assist his judgement when setting the Rate which determines the lump sum damage awards for personal injury claimants.
Detail
The Civil Liability Act 2018 describes the way in which the personal injury discount rate is to be set in the future by the Lord Chancellor and sets out the requirement to consult the Government Actuary as part of the first review. This report provides the Government Actuary’s advice together with the information and analysis underlying it.
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