Richard Cropper Authorised and Regulated Consultant


Richard has spent his whole career being involved in providing financial advice to recipients of personal injury damages and takes great pride in the role PFP plays in helping clients meet their ongoing needs, aims, objectives and wishes.

An authorised and regulated independent financial adviser since 1997, he has a wealth of experience in tailoring financial plans to meet his clients' very individual requirements.

A member of the Ogden Working Party, Richard has also acted as an expert witness in many of the most notable personal injury cases over the last ten years.

Expert evidence provided by Richard has been instrumental in shaping the developing body of case law on the contentious issues surrounding the form of award and quantum including:

  • Indexation of periodical payments, particularly in the context of future care costs in clinical negligence claims [the Thompstone group of cases]. This also includes the application of alternative indexation measures in Northern Ireland, Eire, Italy, France, the Netherlands, Poland, Latvia, South Africa, Australia, the USA and Brazil.
  • Accommodation claims, giving evidence at the Court of Appeal [Swift].
  • Security of continuity of periodical payments where the insurer is a Lloyds’ Syndicate [Bennett], where there is a policy limit [Kotula], where the insurer is in financial difficulties [Farrugia], where the defendant is a member of a medical defence organisation (the MDU, the MPS or the MDDUS), ELS GP and CNST GP and the impact of Brexit [Young].
  • Taxation of periodical payments in jurisdictions outside the UK (most EU countries, the Isle of Man, Poland, the Channel Islands, the USA, France, Australia and Brazil).
  • The application of a PPO for rent for the first time (in an out of court settlement).
  • The impact of a substantial interim payment [Eeles and Preston v City Electrical Factors].


  • Involved in providing specialist Independent Financial Advice to recipients of personal injury awards since 1993. These have included road traffic accidents, clinical negligence, fatal accident cases and professional negligence claims.
  • Financial expert for all of the Claimants in the Thompstone ‘indexation’ cases.
  • Provided Independent Financial Advice to over 1,500 recipients of personal injury damages.
  • The awards have ranged from less than £10,000 to over £30million.
  • Preparation of expert reports with regard to periodical payments, indexation and investment advice to the Court and Court of Protection.
  • Appointed to the expert panel to advise the Ministry of Justice on the discount rate used in personal injury awards.
  • Member of the Ogden Working Party.

Richard's Testimonials