5 min read
Few things in life are more devastating than serious injury or illness. It can turn life upside down and leave your loved ones struggling to cope with the enormous physical, emotional and financial impact.If someone close to you has received damages from a negligence or injury claim, it is important to invest this compensation wisely so that it provides sufficient income for a lifetime of care and support.
A personal Investment Manager will examine your and your loved one’s long-term needs and develop a tailored investment portfolio designed to help provide a lifetime of care. To keep pace with any care costs we might recommend a balanced investment strategy, which allows you to receive a source of assistance, and also aims to preserve the value of your capital so you can continue to have assets to invest.
When you’re coping with life-changing events such as illness and injury of family members, you want experienced and caring professionals on your side. Our specialist team has honed its expertise over many years of working closely with the Court of Protection and is led by Jonathan Taylor, who previously acted as the panel fund manager to the Court of Protection, appointed by the government.
We have nearly 20 years’ experience in this specialist area and were appointed panel fund manager to the Court of Protection in 2003, holding that position until the panel fund managers were discontinued under the Mental Capacity Act. Today, as one of the largest and most experienced investment firms in this field, our specialist investment team manage portfolios with a combined value of over £500 million and we have developed excellent relationships with the Court of Protection, Ministry of Justice, law firms and other specialists in the field.
Understanding their needs
It is our experience that no two individuals are the same when it comes to their personal circumstances, especially in cases of serious injury or critical illness. Which is why we believe in investing as much time as is necessary to get a comprehensive understanding of their specific needs to help support their long-term care and financial wellbeing and, where appropriate, the welfare of other members of their family.
Once we’ve understood your loved one’s personal needs, we will develop investment proposals which we will discuss with you in detail to make sure they meet your loved one’s requirements, both for the short and the longer-term. We will explain the rationale behind our recommendations, and if necessary, we will happily adjust the proposals until you are fully satisfied they will meet their needs.
Investing the compensation
In cases of personal injury and Court of Protection awards our investment approach is invariably geared towards the lower end of the risk scale and designed to deliver steady-growth and income, whilst aiming to maintain the value of the capital for the long term. Our aim is to allow you to focus on your loved one’s health and well-being without being concerned about financial issues.
Keeping you in the picture
We constantly monitor and, where necessary, adjust the investments to ensure the money is working hard to meet your loved one’s needs. We also like to keep you regularly updated on how the investments are performing. Every three months you will receive a valuation of the portfolio’s performance and details of the actions we have taken.
Throughout my time, I have to say that the guidance and advice I have received from them has remained consistently high, sound and productive.
5 min read
Investec Wealth & Investment (UK) is a trading name of Investec Wealth & Investment Limited which is a subsidiary of Rathbones Group Plc. Investec Wealth & Investment Limited is authorised and regulated by the Financial Conduct Authority and is registered in England. Registered No. 2122340. Registered Office: 30 Gresham Street. London. EC2V 7QN.