what are investment intermediaries
Definition of financial intermediaries. A financial intermediary is a financial institution such as bank, building society, insurance company, investment bank or pension fund.A financial intermediary offers a service to help an individual/ firm to save or borrow money.A financial intermediary helps to facilitate the different needs of lenders and borrowers.xamples of Financial Intermediaries. 1. Insurance Companies. If you have a risky investment. You might wish to insure, against the risk of default. Rather than trying to find a particular individual to insure you, it is easier to go to an insurance company who can offer insurance and help spread the risk of default.