Personal Injury Discount Rate: Exploring the option of a dual/multiple rate

Overview

This call for evidence examines how a dual/multiple personal injury discount rate system might work and what its effects on claimants and defendants might be.

It is aimed at people with an interest in high value personal injury claims in England and Wales and how damages awarded are invested.

The call for evidence closed on 11 April 2023 and a response document has now been prepared and published. The response document summarises the submissions received from stakeholders but does not include any specific policy proposals or commitments. The submissions, analysis and evidence will now be provided to the statutory PIDR Expert Panel for their consideration ahead of the next PIDR review to be completed in 2024.