Abstract
Introduction
This report provides comprehensive analysis of the Italian financial advice
market. It examines the state of the Italian market, along with details of the
market' s regulatory climate, the competitive dynamics within the market and
finally the future opportunities available for life insurance companies,
banks, life & pensions companies and asset managers to distribute through
financial advisors.
Scope
Contains data as to the total number of financial intermediaries and the
density of the banking network across Italy. Outlines the national regulatory
organizations and any recent major developments in regulation in the Italian
market. Provides analysis of the major competitors in the Italian advice
market, identifying each player' s scope and prominence in Italy.
Highlights
The number of financial intermediaries in the Italian advisory market totaled
89,300 in 2005, including individual intermediaries, intermediary companies,
institutional distributors and a group of "other" intermediaries, including
lawyers. Distribution of financial products in the Italian market, as with
several of its European neighbors, is overwhelmingly dominated by the
Bancassurance channel. ANASF (Associazione Nazionale Promotori Finanziari) is
the main professional association founded in 1977 that represents Italy' s
community of independent financial advisors, which currently sum approximately
12,000 members.
Reasons to Purchase
Gain insight into the scale and scope of the Italian financial advice market.
Understand the nature of the regulatory environment in Italy, identifying the
major regulatory associations and their role in the advisory market. Obtain
invaluable information as to the state of the competitive landscape in Italy,
along with potential opportunities for market entry.