ipac’s financial advisers have assisted many Australian Lawyers Alliance members and their personal injury clients over the past eight years. To assist you further we have developed this site as a resource for you and your clients.

The Australian Lawyers Alliance and ipac have been working together since 1998 to raise awareness of the important role members can play in helping clients make informed decisions about their financial future.

ipac’s goal has been to inform members on ways that compensation clients can benefit from financial planning advice.

Working with ipac brings your clients significant benefits. ipac’s advisory process educates compensation clients on how to preserve lump sum capital, stay ahead of inflation and achieve competitive returns over the long term. ipac advisers look at each individual’s lifestyle goals (including the income requirements needed to support their lifestyle, ongoing medical expenses etc) and provide expert advice on how to invest their money to achieve these goals.

Compensation money often needs to last a lifetime, so financial support for your clients is particularly important. ipac looks at a range of variables to see the impact different lifestyle decisions and investment strategies have on the final outcome.

For ipac, a relationship with a client is a lasting one. The adviser is the financial guide helping a client on a journey to financial success.

ipac currently manages more than $100 million on behalf of clients with personal injuries. The majority of these funds are invested on behalf of clients who lack legal capacity. In some cases we work with a trustee company who carry out the administration role and engage us to provide financial advice and manage the investment of the funds. In other cases we work with a lay person (usually a family member of the plaintiff) who has been appointed financial manager or administrator by the relevant court or tribunal. In this scenario we provide advice and invest the funds. We also assist the financial manager or administrator with various financial management tasks as required and provide referrals to service providers such as case managers, rehabilitation specialists, occupational therapists and carers when needed.

ipac uses a multi-manager investment approach to control and reduce risk for its clients through the diversification of investments across asset classes, fund managers and investment styles.

We have an in-house investment research team of approximately 30 people who identify, select and monitor specialist investment managers in all asset classes. Portfolios are constantly monitored and the mix of managers within the portfolios change if needed.

A plaintiff who invests with ipac will typically have his or her funds invested across up to 10 assets classes, with more than 20 specialist funds managers, in over 2,500 securities. The choice of portfolio is determined by each client’s personal needs and circumstances.