Insolvency Guidance Papers (IGPs), planned to be no more than 2-3 pages, are just that – guidance. They are intended to cover matters where it is not seen to be appropriate or necessary for there to be a Statement of Insolvency Practice (SIP) imposing mandatory standards or methods of work; but where the Recognised Professional Bodies and The Insolvency Services consider there might be some improvements in approach and that Insolvency Practitioners (IPs) could benefit from additional guidance so that greater consistency can be achieved. IPs may already have or may develop different approaches to IGPs matters; but IGPs should still provide a useful reminder of and benchmark for dealing with insolvency work and practice administration.