Archived - Standard Industrial Classification - Establishments (SIC-E) 1980

• K - Finance and Insurance Industries
• 72 - Investment Intermediary Industries
• 729 - Other Investment Intermediaries

7292 - Estate, Trust and Agency Funds

Establishments known as estate, trust and agency funds which are funds set up and administered by a trust company under the terms of a will, trust agreement or agency agreement. Estate funds are established under the terms of a will and are administered according to the instructions in the will and the legislation of those jurisdictions in which the assets and claims exist. Trust funds are established and administered in accordance with the terms of the trust agreement. Agency funds differ from estate and trust funds in that the company does not assume direct responsibility for their management. Instead, under the agency agreement, the company only takes custody of the assets and carries out the instructions of the owner for their administration. Establishments known as trusteed pension funds are classified in 7291 - Trusteed Pension Funds.