The French continue to flee the Booklet A – Le Figaro

The French continue to flee the Booklet A – Le Figaro

Surely disappointed by lower wage rates Booklet has fallen to 1% on 1 August, investors withdrew 480 million euros of their investment in August.

The Booklet has not won. In August, for the fourth consecutive month, withdrawals have exceeded deposits. Investors have learned the consequences of the decline in wage rates increased on 1 August from 1.25% to 1%, they withdrew 480 million euros of their investment, said the Caisse des Dépôts. Since the beginning of the year, net inflows were certainly positive and reached 710 million euros, but it is far from the recorded over the same period of 2013 (EUR 15.57 billion) level.

In contrast, the French continued in August to feed their booklet Sustainable Development (LDD) on which they deposited 130 million euros and whose remuneration is nevertheless identical to the Booklet A. With positive net inflows 1.64 billion since the beginning of the year, it also remains far from his recorded during the first eight months of 2013 levels (EUR 7.49 billion).

rate Booklet A (and LOD) is calculated with respect to inflation and may be revised twice a year (February 1 and August 1). “It should remain stable at 1% in early 2015 due to a slight rise in inflation ‘, provides Cyril Blesson, partner at PAR Council Papers Savings.

In this context, investors should maintain its focus on life insurance, booming since the beginning of the year. In July, they placed 3.9 billion euros on their contracts. A record level not seen since July 2010 In total, between January and the end of July, life insurance has collected 14.2 billion euros, significantly more than the whole of 2013 (10.8 billion)