La banque d'un monde qui change 2004 - BNP Paribas

36french retail banking37This innovative concept is rooted in providingpragmatic retirement solutions, followingamendments to French pension legislation.These include:• pension simulation calculators, available bothonline and from branch advisers (200,000 FrenchRetail Banking clients benefited from free pensionsimulations during the year).• the creation of Vision Retraite and Bilan Retraite– value-added services that incorporate pensionentitlement simulations, ranging from generalpension entitlement simulations to detailedpersonalised reports for clients nearing retirement.• the successful launch of a retirement savingsplan for private individuals. The Bank was awardedthe title of 2004 “Personal Pension Plan (Perp)of the Year” by Agefi for its innovative andBnp paribas paris, champs-élyséesdiverse solutions, which cover a wide arrayof management methods and benefit options.Some 100,000 clients have already beenattracted to this offering.• an original combined retirement plan concept,called Retraite Plurielle, which blends theadvantages of a Perp personal pension planwith those of a traditional life insurance scheme.The French Retail Banking network recordeda stellar performance in life insurance business,with investment levels reaching a recordEUR 5.3 billion, up by a sharp 31% on 2003and a 13% on market.New inflows related to unit-linked productsremained very strong in 2004 despite a relativelysubdued stock market climate. This businesswas buoyed by the success of guaranteed fundssuch as Zanzibar, Fidji and Tatihou. For the secondyear running, BNP Paribas’ French Retail BankingDivision ranked no.1 among banking networksin terms of sales of unit-linked policies.French Retail Banking also recorded significantcommercial successes through its ramp-upof planned savings – ranging from traditionallife insurance, through Perp personal pensionplans to PEA personal equity plans. In 2004,some 300,000 clients opted for these types ofaccounts, which are flexible and simple to use,especially when regularly investing in the financialmarkets.