Monthly Archives: February 2017

CHANGES TO THE DISCOUNT RATE: THE PRACTICAL IMPACT & THE STEPS THAT NEED TO BE TAKEN

Originally posted on Zenith PI: PERSONAL INJURY LITIGATION IN PRACTICE:
Today the government announced a change in the discount rate from 2.5% to -0.75%. This has a major impact upon the way that schedules for future loss are calculated. PRACTICAL STEPS The practical steps that need to be taken include: Check and revise any existing…