Business Terms and Jargon Explained

What is Financial Auxiliaries

Auxiliary financial services are closely related to financial intermediation but are not financial intermediation itself, such as the repackaging of funds. Financial auxiliaries include activities such as insurance broking and management of pension funds.

Crown Copyright. Material taken from National Statistics website: Reproduced under the terms and conditions of the Click-Use Licence.

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Term created / updated 2007-01-19 14:58:33

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