Written Question·Department for Business and Trade·UIN 75953

Prosperous Life: Insolvency

Tabled: 9 September 2025
Answered: 17 September 2025
Named Day

Question

Grahame Morris

LabourEasington

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

Kate Dearden
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...

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