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Consorsbank Altersvorsorgedepot: costs, variants and terms

Consorsbank has announced 3 products for the Altersvorsorgedepot (Germany's new state-subsidised retirement investment account): Standarddepot (product name not yet announced), Standarddepot with ESG approach (under consideration), Flexibles Altersvorsorgedepot. This page lists everything Consorsbank has published about it so far, with the source and the time we retrieved it.

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Before launch

Early registration: ReservationSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)

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Standarddepot (product name not yet announced)

StandarddepotSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)

Costs

Not yet published:Total cost p.a.Account or contract feeFund costs (TER)Refund of fund costsFront-end loadSavings plan feeFee for purchases and salesDepends on pricing planCost of switching providerCosts in the payout phase

Investment

Who decides on the investment: managedSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)
Growth component: growth-oriented fund with risk indicator 3, 4 or 5 (name/ISIN not yet published)Source ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)
Low-risk component: defensive fund with risk indicator 1 or 2 (name/ISIN not yet published)Source ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)
Investment choice: 2 preselected funds (active funds or ETFs)Source ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)
Contribution guarantee: no capital guaranteeSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)

Not yet published:Initial allocationShift before retirement

Contributions and switching

Minimum contribution: €120 per year (minimum contribution for the subsidy)Source ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)
Riester transfer: transfer of Riester savings via a change of provider described; switching service/costs not yet publishedannouncedSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)

Not yet published:Lump-sum paymentsPausing contributionsAllowance application

Payout

Not yet published:Drawdown planLife annuityWithdrawal for owner-occupied property

Opening an account

Start: expected from 01.01.2027announcedSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)
Special features: ESG variant under consideration (see separate product)announcedSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)

Not yet published:How to sign upRequirementsCertification

Standarddepot with ESG approach (under consideration)

StandarddepotSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)

Costs

Investment

Who decides on the investment: managedannouncedSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)
Investment choice: 2 preselected funds with an ESG approachannouncedSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)
Contribution guarantee: no capital guaranteeSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)

Not yet published:Growth componentLow-risk componentInitial allocationShift before retirement

Contributions and switching

Minimum contribution: €120 per year (minimum contribution for the subsidy)Source ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)
Riester transfer: transfer of Riester savings via a change of provider described; switching service/costs not yet publishedannouncedSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)

Not yet published:Lump-sum paymentsPausing contributionsAllowance application

Payout

Not yet published:Drawdown planLife annuityWithdrawal for owner-occupied property

Opening an account

Start: expected from 01.01.2027announcedSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)
Special features: only 'under consideration'; whether it will be available at launch is openannouncedSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)

Not yet published:How to sign upRequirementsCertification

Flexibles Altersvorsorgedepot

Self-directed accountSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)

Costs

Investment

Who decides on the investment: self-directedSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)
Growth component: Choice of ETFs and fundsSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)
Low-risk component: Choice of ETFs and fundsSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)
Investment choice: larger choice of eligible funds and ETFsSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)
Contribution guarantee: no capital guaranteeSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)

Not yet published:Initial allocationShift before retirement

Contributions and switching

Minimum contribution: €120 per year (minimum contribution for the subsidy)Source ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)
Riester transfer: transfer of Riester savings via a change of provider described; switching service/costs not yet publishedannouncedSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)

Not yet published:Lump-sum paymentsPausing contributionsAllowance application

Payout

Not yet published:Drawdown planLife annuityWithdrawal for owner-occupied property

Opening an account

Start: expected from 01.01.2027announcedSource ↗ · retrieved 21 October 2026 at 13:11 (Berlin time)

Not yet published:How to sign upRequirementsCertificationSpecial features

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Legal notice

This article is for general information and reflects the position at the time of publication. It does not constitute investment advice, investment brokerage, tax advice or legal advice.

The study results, scenarios, model calculations and diagnostic questions presented here are no substitute for an assessment of your personal circumstances. Whether a retirement product suits you, and whether changing an existing Riester contract is advantageous, depends on your individual contract terms, financial goals and personal situation.

Depending on the product and the subject of the advice, different regulatory permissions may be required, for example under § 34d, § 34f or § 34h GewO. Capital investments carry risk. Past performance is not a reliable indicator of future results.

We cannot guarantee that the information on this page is current, accurate or complete. You will find all up-to-date product and price information on the respective providers' own websites. You can see how we award points for each individual condition in our scoring overview. We highlight the highest-scoring providers as top recommendations at the start of the page.

English translation: This is a convenience translation. Vorsorgedepot-Lotse is a German provider and the German version of this page is the legally binding text; in the event of any discrepancy, the German wording prevails. View the German version.

As at: 21 October 2026.