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Compensation

Volume 447: debated on Monday 12 June 2006

To ask the Secretary of State for the Home Department what financial advice is provided to victims of violent crimes who are awarded large sums of money as compensation. (73950)

Claims to the Criminal Injuries Compensation Authority (CICA) are confidential as between applicants and CICA, and Ministers are precluded by law from involvement in individual cases.

CICA do not give financial advice to successful claimants. However, successful claimants have the same access to the various sources of financial advice that are available generally to members of the public.

Where a successful claimant from England or Wales receives a large award but is incapable of managing his or her financial affairs, the Public Guardianship Office (PGO) will usually be brought in to decide how the award should be administered, unless other arrangements, such as the administration of the award in a trust, are to be made. In such cases the PGO’s appointees or the trustees would be responsible for taking any necessary financial advice.