inc Government Offices and professional bodies

Centre of Excellence in Life & Pensions, Insurance and Collections

Financial Intermediation is the fastest growing sector in the Liverpool City Region, worth £1.3bn to the economy - with Bank of New York and Unisys among the investors located here.

Liverpool is recognised by the Financial Times as the third largest centre for wealth management after London and Edinburgh.

We are home to the full range of Financial Services organisations with strong representation in Insurance, Life & Pensions, & Financial Advisors and Collections. A strong maritime tradition combined with emerging technologies ensures continual development of professional expertise and services in Liverpool's thriving Commercial Quarter.

The City Region is also an established centre of Government activity, hosting the greatest concentration of civil service staff in the UK outside of London and South East England. More than 20 different Government Departments have a significant presence - employing more than 17,000 Civil Servants, on top of local public service provision of Local Authority, emergency, health and statutory services.

Key Industry Features & Benefits

• Key sector strengths for the Liverpool City Region are: Debt Collection, Pensions and Life Administration, Fund Management, General Insurance, Commercial banking and Business Process Outsourcing.
• A wealth of experience and financial history. One of the world's biggest friendly societies, the Royal Liver, was established in Liverpool - while Investment Management companies such as Rathbones and Rensburg Sheppards have conducted business in Liverpool over hundreds of years.
• A strong financial back office and support staff talent pool exists in the City Region evidenced by the fact that 70% of all cheques written in the UK are processed in Liverpool by Unisys. Barclaycard, Alliance and Leicester (now part of the Banco Santander Group), and the Inland Revenue have collectively created over 10,000 jobs on the strength of this talent pool.
• The financial sector in Liverpool currently employs 126,000 employees making it one of the largest employment sectors in the City Region.
• A successful track record of Government Department relocations including the Health & Safety Executive and HM Customs & Excise.
• 20-30% lower prime office costs then major competitor cities including Manchester, Birmingham, Leeds, Bristol, Glasgow and Edinburgh.
• Liverpool is the leading city outside London for wealth management services.

Professional Services companies include:
Wealth at Work, Rathbone Brothers, Rensburg Sheppards, Coutts Bank of New York, Midas Capital, Deutsche Bank, Tilney, Barclays Wealth, Royal Liver, Norwich Union, Royal Sun Alliance, Bibby Financial Services, Lloyds, Barclaycard, Fraser Wealth Management, Bank of New York, Medicash, Intrum Justica, Direct Line, Capital bank (HBOS), Ernst & Young, Deloitte & Touche and PwC

Government Departments include:
Health & Safety Executive, HM Customs & Excise, MOD Defence Bills Agency, Benefits Agency, UK Passport Agency, Inland Revenue, Land Registry Office, Audit Commission, Criminal Records Bureau, Government Office for the North West, Home Office Immigration, Office for National Statistics, OGC Buying Solutions, Crown Prosecution Service, Child Support Agency and Charity Commission

Professional Liverpool is the support organisation for the sector, promoting professional excellence in the Liverpool City Region.

To contact The Mersey Partnership's Investment Team, please email or telephone 0151 237 3931