This is the first of a special two-part mini-series of Stewarts Soundbites, aimed at those acting on behalf of seriously injured clients as a Financial Deputy.
In this first instalment, Emma Lyons spoke to Mark Holt, Chief Operating Officer of Frenkel Topping, about periodical payment orders (PPOs) versus lump sum settlements in catastrophic injury cases. Mark and Emma discussed whether there is a growing trend away from PPOs towards lump sums in recent years and Mark explained the possible reasons behind the current trends.
Mark discussed the management of compensation after settlement of a high-value injury case. He explained the appropriateness of active versus passive management of funds and will explore whether there is a happy middle ground in combining the two.
Watch the webinar below:
You can watch the second episode, key due diligence considerations that should be taken into account when instructing an independent financial advisor or discretionary fund manager, by clicking here.
About the guest speaker
Mark Holt, Chief Operating Officer, Frenkel Topping
Mark is the lead director for Frenkel Topping Limited and Obiter Wealth Management and manages both the internal staff, including the expert witness report writers, para planners and the new business writing team. In addition to which Mark manages a number of the Company’s strategic accounts and has been a key player in the Company’s growth to date.
Mark is widely recognised throughout the industry for his expertise in advising on large loss complex claims and the analysis of periodical payment orders and is a guest speaker at many national conferences. Of recent times Mark has also been called upon to meet with the Ministry of Justice to assist in developing a ‘Call for Evidence’ from various sources.
Previous Stewarts Soundbite episodes
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