Abstract
Overview
Introduction
French banks dominate the financial services distribution market and French
customers traditionally have a good relationship with their banks. This report
looks at the extent to which financial advisers may be able to change this
dynamic and gain share in this market, and whether this will create new
distribution opportunities for product providers.
Scope
- Encompasses both the French financial advice market and the wider issues
affecting Europe as a whole
- Analyzes the market for financial advice in France, including types of
advisers, key products and leading associations
- Contains detailed competitor information and analysis of current issues
and opportunities
- Offers a comprehensive evaluation of the key players in the market and the
potential for growth
Report Highlights
The financial advice channel in France is one of the smallest in Europe, and
lacks both the regulation and the structure of other more developed markets.
Around 80% of financial services are provided by banks; making the
' independent' or non-bank sector necessarily marginal.
The concept of a ' financial advisor' in France is more loosely defined than in
many European countries,and this ambiguity has made it difficult for financial
advisors to establish themselves in the French market.
The historically generous state pension scheme in France combined with a
relatively underdeveloped private pension market contributes to a lower demand
for financial advice than in countries where the state is less reliable.
However, there are growth opportunities within the independent sector,
particularly in terms of the smaller competitors.
Reasons to Purchase
- Gain a comprehensive understanding of the size and scope of the french
financial advice market
- Obtain detailed and invaluable analysis of the competitive landscape and
potential for market entry
- Assess the importance of this channel for distribution strategies going
forward
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