R3 is the trade association for the UK’s insolvency, restructuring, advisory, and turnaround professionals. We represent insolvency practitioners, lawyers, turnaround and restructuring experts, students, and others in the profession.
R3's Insolvency fees and the cost of regulation: The detail behind the headlines report aims to address popular misconceptions and myths about insolvency fees. It explains how fees are linked to insolvency regulation, that fees can vary widely depending on case size and complexity, and why insolvency practitioners are often not paid in full for their work – work that helps to return money to creditors, tackle fraud and rescue jobs and businesses.
R3 is collaborating with the Insolvency Service on a joint project aimed at understanding and promoting diversity and inclusion across the profession. As part of this project, we carried out a survey of R3 members in the restructuring, insolvency and legal profession in order to gather data about the demographic breakdown of the profession.
R3's submission to HM Treasury ahead of the Autumn 2021 Budget, outlining our key recommendations to support business rescue and resolving corporate financial distress over the coming months.
R3's The Value of the Profession: How insolvency and restructuring supports the UK economy report sets out the number of jobs the profession saved, people and businesses it advised, and money it returned to creditors in 2019.
R3's submission to HM Treasury ahead of the 2021 Budget, outlining our key recommendations to mitigate widespread failures and support the rescue of viable businesses in the aftermath of the pandemic.
R3 members can provide advice on a range of business and personal finance issues. To find an R3 member who can help you, click below.