eToro Unveils New PER and Life Insurance Services: Exclusive Savings Opportunities for French Users
eToro, a leading trading and investment platform, has recently expanded its services in France by partnering with Generali, a prominent French life insurance provider. This collaboration aims to offer users in France enhanced financial solutions, including a life insurance contract and a Plan d’Épargne Retraite (PER). This strategic move follows the launch of eToro’s local subsidiary, eToro Patrimoine, marking a significant step in the company’s commitment to long-term savings options for its French clientele.
eToro’s Strategic Expansion in France
With the establishment of eToro Patrimoine, the company is poised to enhance its offerings and cater to the specific needs of French investors. This partnership with Generali not only reinforces eToro’s presence in France but also aligns with its broader European expansion goals for 2024.
Enhanced Trading Options
In addition to introducing life insurance and retirement planning products, eToro has expanded its roster of French-listed stocks available for trading on Euronext Paris. This allows users to access a wider variety of investment opportunities:
- Increased trading options with local currency support through eToro Money EUR accounts.
- Access to a comprehensive selection of companies listed on Euronext Paris.
- Provision of a French IBAN to ensure services are tailored to local requirements.
Comprehensive PER and Life Insurance Solutions
The life insurance contract and PER offered by eToro Patrimoine are designed to meet the diverse preferences and risk appetites of retail investors. Key features include:
- Managed Portfolios: Users can select from portfolios with varying risk levels, ranging from conservative to dynamic.
- Self-Directed Options: Investors can create their own allocations by choosing from over 500 available options, including euro funds, mutual funds, ETFs, stocks, and dated bond funds.
Expert Insights
Julien Nebenzahl, the President of eToro Patrimoine, stated, “Introducing saving solutions for eToro’s users in France and opening a local subsidiary underscore our commitment to strengthening our footprint in a key market. With these new products, we aim to empower retail investors to build robust savings portfolios for long-term wealth growth.”
Corentin Favennec, Partnerships Director at Generali Patrimoine, added, “We are thrilled to support eToro in the launch of its subsidiary in France. Our fully digital PER and life insurance products complement eToro’s offerings, addressing the wealth management needs of the French population.”
For more information on eToro’s services and offerings, visit their official website.
