Human Resources) Financial Services in Scotland Scotland has a distinguished history in financial services that dates back over 300 years. It is one of Europe’s leading financial centres and the second financial hub in the UK outside of London. Includes Banking; Fund Management; Insurance, Life Assurance and Pensions; Asset Servicing and Professional Services. Employs 86,000 people directly and 57,000 indirectly Generates around £8 billion for the Scottish economy, more than eight per cent of Scottish onshore economic activity Manages over £800 billion of funds. Accounts for 24 per cent of all UK employment in life assurance, and 13 per cent of all banking employment. Membership References External links Official website 1986 establishments in Scotland Financial services in Scotland Companies based in Edinburgh Industry trade groups based in Scotland Non-profit organisations based in Scotland Organizations established in 1986