Question to the Department for Business and Trade:

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 consumers are protected.

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 of those bodies, in line with their published rules and procedures.