In assessing future losses the courts will award the claimant a lump sum which will take into account the general contingencies of life and the accelerated receipt of a sum which is available for investment. One of the principle heads of future loss is pensions loss. The court is also under a duty to consider whether a claim is suitable for a periodical payments award.
To help calculate losses in personal injury and fatal accident cases, a group of actuaries (including the Government Actuary's Department) have prepared actuarial tables known as the Ogden tables. The tables, which are now in their 7th edition, provide factors (known as multipliers) which are used to assess the
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