Funding

The members of the insolvency profession fund the IPC - the levy being equivalent to £50 per insolvency licence holder. The levy has remained at this level for three years. The IPC is run on a tight budget and benefits from the support and hospitality of some of its members and R3. It is also supported by the Trustees of the Barbican Settlement of Farringdon Insurance Company Limited who made grants for future research and the attendance by IPC lay members on training courses, mainly those run by R3, during 2006.

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