Abstract

New protection for savings A major concern amongst financial regulators, the protection of household savings requires new methods to better accommodate today’s changing savings packages and, more particularly, the development of savings with disintermediated risk which generate the need for further information and advice. In this respect, the situation in France, as in other European countries, is not entirely satisfactory. It should be substantially improved by the application of the latest European directives on insurance intermediation and on the financial instruments markets which considerably heighten the information and advisory obligations of intermediaries. Classification JEL : D18, E21, G18, G28

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