PROUDLY DELIVERING EXPERT ADVICE FOR OVER 30 YEARS. We are passionate about maximising life enhancing outcomes for our clients.
WHAT WE DO Providing specialist advice and calculations to safeguard your clients’ future financial security. Frenkel Topping provide legal guidance, financial planning and asset management advice for vulnerable clients who’ve suffered a serious accident or personal injury. We’ve more than 30 years’ experience of listening to their needs, finding the right investment and making sure their money lasts a lifetime. Securing damages for anyone who’s suffered a life-changing event is often a complex task, which comes with enormous responsibility.
95% of our clients are so impressed with our services that they stick with us throughout their lifetimes. We have a proven track record in safeguarding the financial future of such clients by assessing their financial situation and helping them secure the maximum compensation settlement they are entitled to. We then carefully invest their damages to protect their independence and quality of life in the long term. We have a team of carefully selected consultants across England and Wales. They are renowned not only for their expertise and knowledge in the sector, but also for demonstrating a great deal of empathy and compassion to clients who are often experiencing extremely difficult times. Our firm also try to support many of the various charitable and voluntary organisations that work tirelessly to provide care and support to the victims of clinical negligence and personal injury.
‘Frenkel Topping took the weight of worrying about investing my compensation away. They’ve given me peace of mind and enabled me to live more than comfortably over the past 20 years. They are a great company, with good values who care about their clients.’ Darren Prosser, industrial accident victim.
‘I have worked with Frenkel Topping on a number of cases involving catastrophic injuries that often involve complex issues requiring meticulous financial management. They have never failed to offer accurate and helpful advice commensurate with the clients’ needs, often under significant time restraints and involving a variety of demanding situations. ‘I would not hesitate to recommend Frenkel Topping for consistency and client care. Complexities are no barrier - in fact they are excellent under pressure.’ Jane Bennett, Senior Partner, JE Bennett Law
For more information on how we can start helping you today call: 0161 886 8000 or email enquiries@frenkeltopping.co.uk
THE FIRM OF CHOICE FOR THE RIGHT RESULT. Passionate about providing expert advice and maximising life enhancing outcomes for our clients.
When someone is involved in an accident, suffers a personal injury or a life-changing event it is vital that they get the right advice to protect their financial future. But securing the best settlement deal and optimum investment can be a very complex task, which sometimes requires specialist expertise.
We can help you: • Properly evaluate the financial position of your clients and the amount of damages they may be entitled to. We forensically analyse their wealth via our range of expert witness services, which include loss of earnings, pension losses,
‘I have always found Frenkel Topping a delight to work with. They always take time to understand and get to know a client’s needs and wishes and provide sensible, clear and timely advice. Their expertise in relation to court of protection matters is second to none and clients find their approach reassuring. I have no hesitation in recommending them.’ Sally Ashford Partner, Charles Russell Speechlys LLP
welfare benefit entitlement, tax planning and
• Secure the right investments and help them feel
‘I have been involved with Frenkel Topping in several major clinical negligence cases. Their reports are carefully researched and clearly presented, so the client is fully informed on the best options available to them.’
confident that their finances are being optimised
Clare Jones, Associate, ZEST LEGAL
accommodation costs. • Help you present their financial situation to the courts in clear, evidence-based reports. • Make an informed decision on whether your clients should accept their compensation in a lump sum or periodical payments.
and taken care of for the rest of their lives.
PROUDLY DELIVERING EXPERT ADVICE FOR OVER 30 YEARS. We are passionate about maximising life enhancing outcomes for our clients.
WHO WE WORK WITH
Our consultants have advised many of the UK’s leading law firms and barristers on settlements and investments for their clients. Using a specialist IFA will help you feel better informed to maximise damages and make the right investment choices.
I have used Frenkel Topping for numerous high value, complex cases and their reports are very helpful, detailed and are provided very quickly.’ Paul Rumley, Lead Partner Royds Withy King
We can provide you with the confidence that the financial position of your clients have been properly assessed so that they receive the maximum amount of damages they are entitled to. Our reports can also be delivered in a variety of formats to meet the needs of all legal practitioners.
‘I thoroughly recommend Frenkel Topping, they are approachable and knowledgeable advisors. They are always happy to spend time understanding my clients’ needs and have always provided extremely high quality advice, which focuses on practical outcomes for the person concerned, as well as investment outcomes.’ Clare Jones, Associate, ZEST LEGAL
For more information on how we can start helping you today call: 0161 886 8000 or email enquiries@frenkeltopping.co.uk
OUR SERVICES Our specialists can help you secure the best compensation settlement for your clients by compiling key reports under our range of:
EXPERT WITNESS SERVICES Using a combination of our knowledge and the latest computer software programmes, we assess each claim on an individual basis and provide clear, evidence-based reports, which can be tailored to the needs of all legal practitioners, to help compile a schedule of financial losses. We can advise on whether to accept a lump sum or life-long periodical payments, plus assess the impact any damages might have on clients’ welfare benefits and also advise whether the establishment of a Personal Injury Trust fund is required.
LOSS OF EARNINGS Calculating future earning losses can be a complex and difficult process, especially for the selfemployed or those who own their own business. We can provide you with a clear and detailed report detailing exactly how much in projected wages your client is likely to have missed out on through their injury. In turn you will feel confident that your client’s losses have been properly assessed so that they receive the maximum amount of damages they are entitled to.
PROUDLY DELIVERING EXPERT ADVICE FOR OVER 30 YEARS. We are passionate about maximising life enhancing outcomes for our clients.
PENSION LOSSES
WELFARE BENEFITS
If a client has been seriously injured and left unable to work for long periods, or forced to stop working altogether, their pension losses must be calculated before any settlement is reached.
As part of a client’s financial assessment, our consultants will review their circumstances and assess whether they are receiving all the state benefits and tax credits to which they are entitled.
But this is by no means simple as failing to properly assess such losses can not only cost your client many thousands of pounds but also leave firms open to future professional negligence claims further down the line.
We analyse exactly how an award of compensation or regular damages payments will impact their benefit entitlement and advise on the suitability of a Personal Injury Trust to manage their finances.
Most workers are now entitled to a company pension, meaning anyone unable to work will be able to claim for compensation for their related pension losses. Even cases involving minors must now be assessed for potential pension losses. We can also provide input to Loss of Dependency and Lost Years claims for Pension Loss elements. Our experts have years of experience dealing with complex loss calculations across all pension types.
Our experienced specialists also help clients apply for state funding, lodge appeals against rejected claims and secure the right documentary evidence to support a claim. In addition, we offer a continuing health care advice service for deputies keen to ensure their clients are getting the level of NHS and local authority care to which they are entitled.
For more information on how we can start helping you today call: 0161 886 8000 or email enquiries@frenkeltopping.co.uk
COURT OF PROTECTION AND OFFICE OF THE PUBLIC GUARDIAN Where clients lack the mental capacity to make financial decisions themselves, a solicitor or deputy is appointed to make decisions on their behalf. We understand the immense pressures on deputies to get the best outcomes for their vulnerable clients. Our experts have over 30 years’ experience helping deputies to secure the maximum compensation and providing specialist advice on investments that will safeguard their clients’ financial security, care needs and quality of life - for life. We help lay and professional deputies to navigate the Court of Protection, Office of the Public Guardian and the Mental Capacity Act 2005, and offer a regular Welfare Benefits review service to reassure deputies that their clients are receiving the correct level of state support.
PERIODICAL PAYMENT ORDERS
PERSONAL INJURY TRUSTS
ACCOMMODATION REPORTS
Occasionally, securing a compensation settlement via a single, lump sum payment is not the best option for a vulnerable client. Those who have suffered a debilitating life-long disability will often prefer to have their damages in fixed annual payments so they have peace of mind that their finances and care needs are guaranteed for life.
Sometimes, when damages are awarded, it is in a client’s best interest to set up a Personal Injury Trust to safeguard their benefit entitlement or limit their contribution to care costs provided by the local authority.
Often in serious injury cases there is an increased need for accommodation to ensure that the claimant has suitable housing for their needs, This can in many cases mean a need to move to a larger specially adapted property. As a result in the change to the discount rate in 2017 the old way of calculating a claim for the increased capital cost of a property is no longer valid as it produces a zero figure for the claimant.
These index-linked, tax-free payments completely negate any risk and allay client fears that their funds could run dry before they die. Contrary to belief, it is not only cases with damages in excess of ÂŁ1million that are suitable for PPOs. Our experts forensically examine the financial circumstances of each individual client to determine whether a PPO or lump sum would be best advice.
Lawyers have a duty of care towards their clients and failure to offer advice on personal injury trusts could leave you open to professional negligence claims. Frenkel Topping will assess your client to see if a Personal Injury Trust is the best way forward free of charge. Our experts have years of experience setting up such trusts and can advise lawyers and their clients on the appointment of trustees, investment of the trust fund and the likely tax implications.
We can provide you with expert evidence on alternative methods of funding the increased cost of accommodation, investigating amongst other things the cost of renting or servicing a mortgage for lifetime.
Reports are tailor-made for each claimant, depending on their financial position and the nature and severity of their injuries.
TRAINING AND CONFERENCE PROGRAMME Our experts help legal practitioners stay ahead of changes in legislation, finance and care matters by offering bespoke training sessions free of charge. The hour long seminars can be conducted in-house - at your office or chambers - and tailored to meet your requirements. These are flexible training sessions designed to work around your busy schedule. The seminars all qualify for Law Society, APIL and Continuous Professional Development points.
We hold sessions on our services, including: • The Court of Protection and Office of the Public Guardian • Investment Issues for Personal Injury Claimants • Professional Negligence Awareness • Later life and the impact of the Care Act 2014 • Tax and Benefit Planning • Welfare Benefits • Personal Injury Trusts • Accommodation Reports • Expert Witness services: -- Periodical Payments -- Pension Loss -- Accommodation Reports -- Loss of Earnings You can take part by signing up via Frenkel Topping’s website. These sessions are free and there is no limit to the number of sessions that delegates can book.
‘We have worked with Frenkel Topping over many years as Expert Advisors in claims for our seriously injured clients. They have provided an excellent service throughout this period, including the provision of crucial training for our expert practitioners in a variety of complex and important areas. From pension loss to personal injury trusts, welfare benefits and other relevant topics, their training support has been invaluable at all levels of experience within our teams. They have been able to tailor their training and approach to match the audience that they are speaking to and the feedback to their sessions has been overwhelmingly positive.’ Stephen Threlfall, Director, FLETCHERS SOLICITORS
For more information on how we can start helping you today call: 0161 886 8000 or email enquiries@frenkeltopping.co.uk
PROUDLY DELIVERING EXPERT ADVICE FOR OVER 30 YEARS. We are passionate about maximising life enhancing outcomes for our clients.
AT YOUR FINGERTIPS When a client has been awarded a settlement and decisions made on its investment, the work doesn’t stop there. Frenkel Topping prides itself on offering long term financial support and ongoing investment guidance for solicitors, deputies and their clients. Holistic financial planning
Cash Management
We don’t believe in quick fixes or short-term gains. Instead our experts carefully create bespoke, long term financial plans for each individual. We listen to their financial fears, hopes and goals to make sure we get the maximum compensation and make investment decisions based on what is right for them, as well as regularly reviewing their needs to provide life-long financial security.
We understand that clients who’ve been awarded damages through personal injury or accident sometimes face unexpected problems and placing the entirety of their settlement in long term investments is not always practical. Often they want peace of mind that they can get quick access to some of their money in an emergency.
Where we invest Frenkel Topping is truly independent. All our IFAs have access to the full investment market, as well as an integrated Discretionary Fund Manager, Ascencia IM, which means that all of our judgements are entirely client-focussed.
ONGOING SUPPORT Our experts undertake regular reviews of a client’s
Our cash management service has some of the most competitive interest rates available for both short and longer term cash balances. We also look closely at the strength and reputation of the financial institution and whether they offer easy access to funds, including the ability to use a single form for investment and withdrawal.
Our support services include: • Quarterly valuations • An annual performance report
investment and their circumstances to make sure
• Ongoing reviews of welfare benefit entitlement
their financial goals and needs are continually met.
• Regular assessment of financial objectives
Solicitors and deputies also have 24/7 access to our
• Review of funds and their performance
client portal, giving them on the spot access to client
• Review of attitude to risk and capacity for loss
cases and their progression whenever they need it.
• Update to cash flow modelling
Frenkel Topping Limited Frenkel House, 15 Carolina Way, Salford, Manchester, M50 2ZY. T: 0161 886 8000 E: enquiries@frenkeltopping.co.uk www.frenkeltopping.co.uk Frenkel Topping Limited is authorised and regulated by the Financial Conduct Authority No: 145186. Registered in England No: 02312427.