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Personal injury discount rate to be reviewed

From Insurance Daily
Wednesday, 10th November 2010 12:30 pm

The Association of Personal Injury Lawyers (APIL) has welcomed the Lord Chancellor’s agreement to a review of the discount rate. The discount rate is used to calculate the amount deducted from an injured person’s compensation to account for any income they may receive from investing their damages. The rate was set at 2.5% by the (then) Lord [...]

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