detailed explanation for each SIC code - Biffa

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Explanatory Notes UK Standard Industrial Classification of Economic Activities 2007 – SIC(2007) – – – securities exchanges stock exchanges stock or commodity options exchanges 66.12 Security and commodity contracts brokerage This class includes: – – – – dealing in financial markets on behalf of others (e.g. stock broking) and related activities securities brokerage commodity contracts brokerage activities of bureaux de change etc. This class excludes: – – dealing in markets on own account, see 64.99 portfolio management, on a fee or contract basis, see 66.30 66.19 Other activities auxiliary to financial services, except insurance and pension funding This class includes activities auxiliary to financial service activities n.e.c. such as: K – financial transaction processing and settlement activities, including for credit card transactions – investment advisory services – activities of mortgage advisers and brokers This class also includes: – trustee, fiduciary and custody services on a fee or contract basis This class excludes: – – activities of insurance agents and brokers, see 66.22 management of funds, see 66.30 66.2 Activities auxiliary to insurance and pension funding This group includes acting as agents (i.e. brokers) in selling annuities and insurance policies or providing other employee benefits and insurance and pension related services such as claims adjustment and third party administration. 66.21 Risk and damage evaluation This class includes the provision of administration services of insurance, such as: – – assessing insurance claims ■ claims adjusting ■ risk assessing ■ risk and damage evaluation ■ average and loss adjusting settling insurance claims This class excludes: – – – appraisal of real estate, see 68.31 appraisal for other purposes, see 74.90 investigation activities, see 80.30 66.22 Activities of insurance agents and brokers This class includes: – activities of insurance agents and brokers (insurance intermediaries) in selling, negotiating or soliciting of annuities and insurance and reinsurance policies 66.29 Other activities auxiliary to insurance and pension funding This class includes: – activities involved in or closely related to insurance and pension funding (except financial intermediation, claims adjusting and activities of insurance agents): ■ salvage administration ■ actuarial services This class excludes: – marine salvage activities, see 52.22 196
UK Standard Industrial Classification of Economic Activities 2007 – SIC(2007) Explanatory Notes 66.3 Fund management activities 66.30 Fund management activities This class includes portfolio and fund management activities on a fee or contract basis, for individuals, businesses and others, such as: – – management of mutual funds management of other investment funds – management of pension funds K 197
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UK Standard Industrial Classificati
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Contents Page Preface iv Introducti
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Introduction A Standard Industrial
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Rules for classifying statistical u
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UK SIC(2007) - Summary of Structure
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Explanatory Notes UK Standard Indus
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