
13NESTOR |
BEST PRACTICE REPRESENTATIVE 2018
»THE FUTURE
We continue to embrace
continual change and
most recently, like many,
have implemented
more GDPR and MiFID
processes. We recognise
the simplicity of what
we do, but completely
embrace the importance
and impact that advice
can have on people’s
lives, and are committed
to strive continuously for
self-improvement, while
also looking outward to
policymakers and key
influencers across the UK.
We are strictly regulated by the FCA. In
addition, we are proud of our strong
internal governance and management
processes which, in turn, are scrutinised
by specialist consultants, continuous best
practice reviews and rigorous due diligence
processes. Nothing is left tochance.
On top of the professional processes
we put in place, we continuously
strive to put the needs of our clients
at the centre of all advice. This means
understanding the realities of their lives
and being aware that while we deal
with complex finance every day, for
them this may be unfamiliar territory.
Product innovation
Our ability has led us towards
innovation and specialist product
development within our personal injury
market and wider financial services.
Our core investment strategy proposition
is built around a cautious investment
approach, and we undertake a significant
amount of work for our clients based
on the reduction of volatility within
investment portfolios. We develop low
risk financial strategies with several
investment managers but two of our
most notable achievements to date are:
»Assisting Seven Investment
Management (7IM) to create the UK’s
first specialised investment fund for
personal injury claimants, the 7IM
Personal Injury Fund. This offers a
unique investment approach for this
special class of investors. Launched in
October 2009, the fund has grown to
over £280 million and still is unique as
the only designated investment fund for
recipients of personal injury damages.
»Designing and launching the Nestor
Wealth Solutions Portfolios with
Liontrust in 2013. These are a suite of
actively managed risk rated multi-asset
portfolios and now account for invested
client assets of over £150 million.
Thought leaders
We regularly contribute to a variety of
journals, and look to actively take part
in legislative consultations to influence
positive outcomes for our core market.
Among others, we have published
articles in:
Clinical Risk
,
The Barrister
,
Personal Injury Law Journal
(PILJ) and
The Law Society Gazette
on a range of
topics. Our half-yearly
Personal Injury
and
Grapevine
financial newsletters
have a circulation of over 8,000
professionals and are well received.
Several of our directors have been at
the forefront of emerging case law and
regulatory changes. The list illustrates
the breadth and depth of knowledge
and experience that we enjoy:
»Expert evidence to Court of Protection
following the Cant quinquennial review
of the Public Trust Office.
»2001: Private trust applications for
patients, put to court via the official
solicitor for approval of trust arrangements.
»Involved in evidence to the working
party on structured settlements, which
then altered the result of personal injury
damages awards where future losses
exceeded £500,000.
»Correspondence with the DWP in
relation to SI 2442, which created the
52-week capital disregard for personal
injury damages.
»2007: First time as contributing author
for fourth edition of
Clinical Negligence
.
»2007: Involved in the then-highest
cerebral palsy lump sum settlement in
England, which was £6.7 million.
»2008: Retained as expert adviser in
Thompstone’s first landmark periodical
payment case.
»2009: Involved in largest periodical
payment order in 2009 involving
an annual payment to a claimant of
£485,000 per annum.
»2010: Became annual “baton holders”
for Headway, the brain injury charity.
»2011: Co-founders of Brain Injury
Group, UK’s first national network
of dedicated brain injury lawyers and
expert services to support clients with
brain injuries and their families.
»2014: Sponsored Association of
Personal Injury Lawyers Military Claims
Conference.
»2014: Nestor Foundation charitable
trust is launched.
»2015: Contributing authors for fifth
edition of
Clinical Negligence
.
»2017: Civil Liability Bill consultation -
Lord Chancellor discount rate review.
Each of our
clients deals
with a director,
and we are
open about the
way we carry
out our
business,
encouraging
feedback and
supporting staff
development
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