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Mr Stephen Farnfield

Chartered Financial Planner APFS
Claimants and DefendantsRemote AppointmentsFace to Face AppointmentsCourt Attendance

Medico-Legal Experience

Mr Stephen Farnfield is a specialist Financial Planner working with vulnerable individuals and their support teams. He has been an expert to the court for the last 10 years and has worked in financial services since 2000. He has acted as an expert witness on hundreds of cases, providing expert reports and commentary on Pension Loss, Loss of Income, Accommodation (Post RvJ), Cost of Financial Advice, Periodical Payments and the financial structure of damages awards.

With a significant amount of experience in dealing with a vast array of UK based pension schemes, Stephen is an expert that you can trust to deliver a detailed and accurate loss calculation.  Stephen has particular experience dealing with all forms of the government funded Defined Benefit Pension Schemes: Fire fighter (Stephen was involved in a group action for the Grenfell Firefighters), Police, Armed Forces, Local Authority, Civil Service, Teachers and NHS.

Stephen has a particular interest in and experience of working on Cerebral Palsy Cases.

He has extensive experience in cases related to:

  • Pension Loss – adults and minors
  • Loss of Earnings
  • Loss of Income Reports
  • Accommodation (Post RvJ)
  • Cost of Financial Advice
  • Periodical Payments/ PPO/ Form of Award Reports
  • Settlement Assessment Reports
  • Fatal Accidents; Loss of Dependency
  • Lost Years claims
  • Financial modelling/planning
  • Investment performance management
  • Wealth management
  • Cashflow Analysis for Court approval

Stephen offers a free initial viability check service, so that solicitors can talk through a case on the phone or video call to then confidently move forwards with the right approach. Please enquire for more information.

He has given evidence in court on several occasions and is comfortable and confident under questioning.

Stephen has a report turnaround time of 4 weeks.

Financial Experience

Having worked in the financial services industry for over 20 years and been qualified as a Chartered Financial Planner for the last 12, Stephen is well positioned to specialise and advise the most vulnerable people in the UK, their families and legal advisers.

Stephen has specific first-hand experience of the impact of serious injury on families as his younger brother has cerebral palsy as a result of mismanaged birth.

He provides a detailed financial plan and advises upon the management and investment of damages awards and finances of the most vulnerable people in the UK. He is often called upon to support applications to court assessing the suitability of COP decisions and their financial viability.

In his previous role, he helped care for over £1 bn of client’s valuable assets and, within Paladin Group, has designed a suitable proposition around the unique needs of the vulnerable.

Post settlement, Stephen is often recommended by litigators about to settle claims, or by COP and professional trust teams. He offers a free “Life After Settlement Meeting” to all claimants where he can help them to look to the future and plan their finances going forwards.

His expertise means that he is used to carefully handling situations with a wide range of claimants, including minors, elderly and brain-injured clients and takes pride in providing advice tailored to the individual needs of each person, depending on their financial sophistication as well as the nature and severity of their injuries.

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