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IPA Membership Categories
There are six membership categories:


Individual Membership

for those who are working in insolvency practice
Ordinary (MIPA) [click here for criteria]
Fellow (FIPA) [click here for criteria] or who have retired from insolvency practice or insolvency related work
Retired (MIPA or FIPA or AIPA) [click here for criteria]


Honorary Membership

for individuals deemed suitable and appropriate by Council [click here for criteria]

Affiliate Membership (AIPA)

for those who have passed the CPI or are working in insolvency related fields or who have made a significant contribution to the knowledge and practice of insolvency [click here for criteria]

Student Membership

open to anyone, whether looking to enter, or to advance their career in, insolvency practice or related business, financial, accounting or legal fields; or just interested in knowing more about insolvency [click here for criteria]
 

Member Firms

for partnerships, incorporated bodies or sole proprietorships engaged in insolvency practice [click here for criteria]
 

Affiliate Firm Membership

for partnerships, incorporated bodies, sole proprietorships, bodies of persons (including barristers’ chambers) and registered charities engaged in insolvency related work [click here for criteria]

Run-off Licence 

We are pleased to introduce a run-off licence from 1 January 2016 with a fee set at 50% of the current appointment-taker fee. This will provide a sensible and affordable basis for planned retirements for IPs, who may be looking to wind-down their cases.

This provides affordable licensing arrangements for those wishing work out existing cases, and avoids the need to rush to close or transfer cases before the licence expiry at the calendar year-end; this has often been a challenge, and presents some administrative difficulties for IPs, their (sometimes, former) firms, and the secretariat. An affordable run-off fee should alleviate that and remove the need for termination to coincide with the calendar year expiry.
It will be issued on the basis of an understanding that no new cases are taken on, and we will monitor run-off licence arrangements.

Where an IP takes an appointment of any kind (including a liquidation appointment following an administration) contrary to the terms of the run-off licence, this will trigger an automatic referral to M&A and a supplementary fee and admin charge; the fee will be the difference between the run-off licence fee and the full fee, depending on status. M&A may also consider other regulatory measures.

Where an IP wants to amend the status of a licence mid-year, we will charge an admin fee off £150.

Run-off licences will be for a maximum of two years, monitored by the secretariat, with updates on case closures to be submitted at 10 and 20 month milestones from commencement. Potential disciplinary action, may be taken beyond the period for which the licence was granted




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