Frenkel Topping Ltd is part of the highly regarded Frenkel Topping Group. We have over 40 years’ experience in providing specialist financial advice to those who have suffered life changing injuries, we are able to draw on our extensive experience with truly independent financial advice and we have access to the whole of the investment market.
Pre – Settlement
Expert Witness reports:
Our specialists can help you secure the right compensation for your clients by compiling key reports under our range of Expert Witness Services.
Using a combination of our expertise and latest computer software programmes, we assess each claim on an individual basis and provide clear, evidence-based reports to help compile a schedule of financial losses, including loss of projected earnings and pension monies.
Loss of earnings
Calculating future earning losses can be a complex and difficult process, especially for people who are self-employed or those who own their own business. We can provide you with a clear and precise report which will detail how much in projected income your client is likely to have lost since their injury.
Pension Loss
If a client has been seriously injured and left unable to work for a long period of time. Or has to stop working altogether, their pension loss must be calculated before any settlement is reached. Failing to properly assess any pension losses could cost your client thousands of pounds as well as leaving companies open to future professional negligence claims.
Most employees are now entitled to a company pension, which means anyone who is left unable to work will be able to claim for compensation for their related pension loss. Even cases involving minors must now be assessed for potential pension losses. We can provide input to loss of dependency and lost years claims for pension loss elements.
Our experts have years of experience dealing with complex loss calculations across all pension types.
Form of Award PPO v Lump Sum
In some cases, securing a settlement via a one-off, lump sum payment is not always the best option for the client and they may prefer to receive their damages in annual payments. This offers them the reassurance of a guaranteed income for life. Having a fixed annual payment, tax free and linked to an appropriate index, alleviates fears that their money may not last a lifetime, which could leave them dependent on the state or relatives.
It is a common misconception that only cases which are likely to secure an award in excess of £1 million are suitable for PPOs, when in reality cases involving much less may be beneficial for the client. Our experts have years of experience examining the financial circumstances of each individual client, detailing the options and advising whether a lump sum, PPO or even a combination of the two would be the best way forward.
Cost of Accommodation Funding
In many cases, where a client has suffered a life-changing injury, it’s necessary to review their living arrangements and consider whether it remains suitable for their ongoing needs. This often means moving to a larger home or a specially adapted property.
We can provide you with expert advice on alternative methods of funding and the increased cost of accommodation, investigating amongst other things the cost of renting or servicing a mortgage.
Welfare Benefits
Personal Injury Trusts
‘’The team has patiently explained every detail to me and my trustee, treating me with sincere respect. The service I have received is better than any company I have ever dealt with. I have been supported the whole way and will continue to recommend Frenkel Topping to friends and family for the rest of my life. ‘’ FT Client
Post – Settlement
Specialist Financial Advice
Expert settlement advice and bespoke investments for life-long financial security. Frenkel Topping are pioneers of specialist financial planning, settlement structures and asset management advice for clients who have suffered a serious accident or sustained personal injury.
