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Future of insolvency

The insolvency landscape is changing, and its role is more essential than ever. From new regulation, trends and career roles to advice for firms and the challenges ahead, this special explores all angles of the issue.

Latest articles

Article
A person standing outside looking up at an office building 30 August 2022
The future of the insolvency profession

The insolvency profession is poised to benefit from the growing need for business turnaround and insolvency expertise. However, the profession is at a crossroads due to regulatory upheaval and recruitment and skills challenges.

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Article
A person working at a desk with a calculator, pen and papers 30 August 2022
The future of company restructuring tools

Company Voluntary Arrangements and Restructuring Plans are important weapons in the insolvency practitioner’s armoury. Insolvency specialist Elaine Nolan explains how they look set to evolve following some seminal judgements.

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Article
A person working at a desk in an office 26 August 2022
The challenge of attracting and retaining insolvency talent

What can insolvency firms and stakeholder bodies do – or do better – to ensure more people get involved with this exciting, varied and rewarding profession?

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Article
A person holding open an empty wallet 26 August 2022
The feast or famine nature of insolvency work

With insolvency firms bracing themselves for a busy period, how can they best navigate the peaks and troughs of work? Industry experts share their advice.

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Article
Two people discussing information on a piece of paper at atable 25 Aug 2022
What does the changing face of insolvency work look like?

Emerging roles are shifting the insolvency profession’s emphasis towards digital skills, back-office team building and empathic listening, says Mazars Partner Rebecca Dacre.

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Article
A person working at a laptop in an office 23 Aug 2022
Avoiding insolvency: advice for directors

There are several warning signs that a business may be in distress. Fortunately seeking help early from insolvency experts and understanding insolvency law and recent changes to it can help to avoid business failure.

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Article
View of London including 'the Gherkin' 22 Aug 2022
Energy supplier collapses highlight bigger sector crisis

The explosion of wholesale energy prices since the middle of last year has resulted in 29 energy companies failing. What has the experience taught us about the regulatory structure and insolvency process?

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Article
A person working at a desk with a calculator, pen and papers 19 Aug 2022
The accountant keeping firms on the right side of the law

Five years working on the Robert Maxwell insolvency, an inquiry into payments transfers in the Premier League, and running KPMG’s forensic business in Russia have served Nigel Layton well, as he helps clients navigate complex supply chain due diligence.

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Article
A person working at a desk with a calculator, pen and papers 18 Aug 2022
Is the personal insolvency framework fit for purpose?

The Insolvency Service has issued a call for evidence to determine what personal insolvency should look like in the 21st century. Why is it needed and does it go far enough?

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Article
A person working at a laptop 12 Aug 2022
Corporate and personal insolvency: a mixed picture

With the end of COVID-19 support measures, the true picture of insolvencies is beginning to emerge, with corporate insolvencies rising at their fastest rate since 2012, but individual insolvencies lower.

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Article
A person working at a table with a laptop and papers, and a baby on their lap 10 Aug 2022
What makes a great insolvency practitioner?

An insolvency practitioner’s work is varied, challenging and innately human. It requires impeccable technical acumen, excellent people skills and a flair for spotting connections to be at the top of the game.

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Article
A person staring into the distance with a look of concern 29 Jul 2022
The impact of Companies House Reform on the insolvency profession

Reform of Companies House through the Economic Crime and Corporate Transparency Bill is critical to the insolvency and restructuring profession’s efforts in the fight against fraud.

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