This session addresses the common mistakes in Loss of Earnings schedules, focusing on taxation and pension contributions. It examines different pension schemes, funding methods, and their effects on net earnings, plus approaches to pension loss in various cases. The analysis extends to recent changes in pension regulations, tax, and national insurance impacts on earnings and scheme rules. It also reviews the broader pension landscape’s impact on claims, including Loss of Earnings and employment benefits.
Navigating the intricate landscape of financial planning, understanding the nuanced differences between pensions and other investments is essential. Key to this is the impact of the discount rate on present value calculations, a concept highlighted through recent practical examples. Adjustments in financial strategies often necessitate amending schedules, reflecting changes in goals or circumstances. Additionally, considerations like Loss of Earnings and special provisions for Minors emphasize the need for tailored financial strategies. These discussions provide critical insights into effective financial planning, ensuring individuals are well-equipped to adjust to dynamic financial environments and cater to specific needs with foresight.
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Alison joined Frenkel Topping in 2006 as a senior consultant and later transitioned into focusing on expert witness work and training.
Alison joined Frenkel Topping in 2006 as a senior consultant and later transitioned into focusing on expert witness work and training. As head of training, she contributes to business development by delivering presentations, supporting consultants, and organising events. Alison holds multiple qualifications in financial planning and a Postgraduate Diploma in Mental Rehabilitation and Social Welfare.
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Christopher joined Frenkel Topping in 2021 as a Graduate and began his journey on the Expert Witness Team as a Report Writer, until 2023 when he was promoted to Consultant.
Christopher started at Frenkel Topping in 2021 as a graduate, progressing to a consultant role in 2023 after earning his Financial Services Diploma. He collaborates closely with Client Directors, engaging with various parties in the settlement process to deliver comprehensive Expert Witness and Financial Advice Reports. With a background as a Business Development Executive at Pimberly and a 1st Class Economics degree from the University of Manchester, he is driven by the chance to offer crucial financial advice to those in need.
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Paul joined Frenkel Topping in February 2023 and has over 30 years’ experience in Account Management across multiple industries.
Paul joined Frenkel Topping in February 2023 and has over 30 years’ experience in Account Management across multiple industries. Whilst he supports and develops law firms within Personal Injury and Clinical Negligence, Paul has a particular focus on Court of Protection to help develop long lasting relationships with deputies and their clients and ensure Frenkel Topping is meeting the needs of Court of Protection teams.
