Prosperous Life: Insolvency
Commons · Question 75953 · Tabled 9 Sep 2025 · Department for Business and Trade · Official record
Answered 17 Sep 2025
Question
Asked by Grahame Morris
To ask the Secretary of State for Business and Trade, if she will make it her policy to investigate the conduct of Kroll Advisory Ltd in its role as administrator of Prosperous Life; and what steps her Department is taking to ensure that affected consumer
Answer
Answered by Kate Dearden, 17 Sep 2025
All insolvency practitioners (IPs), including those at Kroll Advisory Ltd, are authorised and regulated by recognised professional bodies, which operate under the Secretary of State’s oversight. Matters of concern about IP conduct are the responsibility o...