2024 Annual Report of the Joint Unit (AMF-ACPR): Press Conference Presentation (ACPR)

Summary

• The household savings rate in 2024 was 18.2% of gross disposable income, versus 15% before Covid.p.4
• Livret A outstanding amounts reached €442.5 billion, up 6.6%, while net inflows fell 48.2%.p.4
• Life insurance outstanding amounts were about €2,000 billion at end 2024, making it the leading financial investment in France.p.5
• Nearly 1,050 cases of identity theft of authorised entities were detected, up 8.5% in one year.p.7
• 15% of French people say they have already been victims of a financial investment scam.p.3
• 2,200 advertisements broadcast on traditional and digital media were analysed in 2024.p.8

Key insights

1. Households kept favouring savings over consumption despite lower inflation.p.4
2. The four largest producers represent more than 50% of the structured products market.p.13
3. In 46% of cases structured products are not intended for the general public.p.13
4. About 79% of structured product outstanding amounts are invested through life insurance.p.13
5. Advertising volume for SCPI real estate companies fell by almost 50%.p.8
6. The ABE Infoservice website had more than 1.2 million visitors in 2024.p.7
7. Nearly 1,460 names of unauthorised sites or players were added to the 6 blacklists, 8% more than in 2023.p.7
8. On average, 'Other AIFs' held only 5% of liquid assets and had to suspend redemptions quickly.p.17