Future industry situation
The situation in the German financial services industry will change significantly over the course of the next few years. New regulatory stipulations, with which the legislator wishes to increase consumer protection, have significantly increased quality requirements for everyone in the sector. We therefore assume that the German financial services market will see further consolidation over the next few years.
MLP’s quality culture increases competitive strength
With its quality culture, its strong brand and concentration on the growth segments in the financial services business, i.e. wealth management, old-age provision and health provision, MLP does have opportunities for lasting growth. It is important to note that the field of old-age and health provision in particular is not only influenced by the economy, but is also affected by political decisions. And a German general election is on the agenda in 2009.