The IPA is the only Recognised Professional Body (RPB) solely dedicated to the insolvency profession with a longstanding record of maintaining and developing professional standards.
The IPA was the first RPB to introduce insolvency-specific ethics guidance for its members.
The IPA has a well established and continuing commitment to improving standards in all areas of insolvency (and related) work.
The IPA continues to be a leading voice on insolvency matters contributing to the development of Government policy.
All new licence holders with the IPA will receive a structured introduction programme with tailored benefits as follows:
Please be aware that the IPA’s Articles of Association, which apply to all current and future members of the IPA, changed on 1st January 2025.
Click here for the Articles of Association in force from 1st January 2025.
IPA Ordinary and Fellow members can apply at any time for a licence to act as an Insolvency Practitioner. The IPA issues three categories of licence: appointment-taking, non-appointment-taking and partial depending on the scope of the work to be undertaken.
An appointment-taking licence authorises an Insolvency Practitioner to accept formal appointments in insolvency cases, including as liquidator, administrator, administrative receiver and trustee in bankruptcy.
A non-appointment-taking licence is for Insolvency Practitioners who carry out insolvency work in a supervisory or advisory capacity but do not accept formal case appointments. This licence is suitable for those who manage or oversee insolvency cases on behalf of a licensed appointment-taker.
For those who wish to change their licence category and are already ordinary members or fellow members.
IPA Ordinary and Fellow members can apply at any time for a licence to act as an Insolvency Practitioner. The IPA issues three categories of licence: appointment-taking, non-appointment-taking and partial depending on the scope of the work to be undertaken.
An appointment-taking licence authorises an Insolvency Practitioner to accept formal appointments in insolvency cases, including as liquidator, administrator, administrative receiver and trustee in bankruptcy.
A non-appointment-taking licence is for Insolvency Practitioners who carry out insolvency work in a supervisory or advisory capacity but do not accept formal case appointments. This licence is suitable for those who manage or oversee insolvency cases on behalf of a licensed appointment-taker.
As an RPB, the IPA offers the following types of insolvency licence. Click the relevant licence below to view further information, including eligibility and how to apply.
For all types of insolvency appointment: individuals, partnerships and companies
For individuals who have attained the qualifications and experience required for taking appointments but choose not to do so. This type of licence recognises their professional standing.