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Financial services succession in Scotland
39.3% of 4,674 trading financial services companies in Scotland have a director aged 60 or over, against 36.5% for the sector across the UK.
4,674trading companies measured
39.3%have a director aged 60 or over
11.4%have a director aged 70 or over
50.3%are owner-run (one person or family holds 50%+)
47.3%have a single director
Other sectors in Scotland
| Sector | Companies | Director 60+ | Director 70+ | Owner-run | Single director | Median age (yrs) |
|---|---|---|---|---|---|---|
| Professional services | 23,461 | 35.9% | 10.3% | 63.1% | 62.5% | 8 |
| Property | 19,140 | 34.7% | 14.2% | 46.7% | 47.1% | 7 |
| Construction | 19,091 | 29.1% | 8.4% | 60.4% | 60.5% | 8 |
| Hotels and food service | 11,190 | 29.5% | 9.4% | 57.2% | 60.8% | 6 |
| Retail | 8,800 | 28.0% | 8.9% | 61.1% | 61.7% | 7 |
| Software and IT | 7,489 | 26.4% | 7.0% | 63.7% | 64.4% | 9 |
| Wholesale | 7,214 | 34.2% | 11.5% | 59.8% | 57.2% | 8 |
| Health and care | 6,234 | 25.8% | 8.6% | 52.7% | 52.6% | 7 |
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