Fund company4 products

Fidelity / FFB Altersvorsorgedepot: costs, variants and terms

Fidelity International / FIL Fondsbank (FFB) has announced 4 products for the Altersvorsorgedepot (Germany's new state-subsidised retirement investment account): Fidelity VorsorgeDepot, Fidelity / FFB: product name not yet published, Fidelity VorsorgeDepot Plus, Fidelity / FFB: product name not yet published. This page lists everything Fidelity / FFB has published about it so far, with the source and the time we retrieved it.

Fidelity / FFB website ↗Compare all providers

Before launch

Early registration: NoneSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)

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Fidelity VorsorgeDepot

StandarddepotSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)

Costs

Total cost p.a.: approx. 0.35% of the average account value p.a. plus €1 account fee per monthSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)
Account or contract fee: €1 per month (€12 p.a.)Source ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)
Cost of switching provider: statutory rule: free of charge at the transferring provider after 5 years; receiving provider may charge up to €150 (Fidelity's own fees not stated)Source ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)

Not yet published:Fund costs (TER)Refund of fund costsFront-end loadSavings plan feeFee for purchases and salesDepends on pricing planCosts in the payout phase

Investment

Who decides on the investment: managed (fixed 10-year glide path); customer can object and set the allocation in 10% stepsSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)
Growth component: Fidelity All Country Equity Research Enhanced strategy (global equity ETF, SRI 4, launching in Q4 2026; ISIN not yet published)Source ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)
Low-risk component: Fidelity Euro Ultra Short Duration Bond strategy (bond ETF, SRI 2, launching in Q4 2026; ISIN not yet published)Source ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)
Initial allocation: 100% global equity ETFSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)
Shift before retirement: 10-year glide path before retirement; equity share at the start of the payout phase max. 30%Source ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)
Investment choice: 2 predefined Fidelity ETFs, no free choiceSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)
Contribution guarantee: None (Fidelity offers no guarantee products)Source ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)

Contributions and switching

Minimum contribution: €120 p.a. or €10 per month minimum own contribution for the subsidy (statutory)Source ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)

Not yet published:Lump-sum paymentsPausing contributionsRiester transferAllowance application

Payout

Drawdown plan: Drawdown plan until the 85th birthday, recalculated every three years; up to 30% partial withdrawal at retirementSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)
Life annuity: No – payout exclusively via drawdown planSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)

Not yet published:Withdrawal for owner-occupied property

Opening an account

Special features: Account held at FIL Fondsbank (FFB); also intended as a Frühstart-Rente account; payouts recalculated every 3 yearsSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)

Not yet published:How to sign upRequirementsStartCertification

Fidelity / FFB: product name not yet published

Variant not announced

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

Contribution guarantee: None (Fidelity offers no guarantee products)Source ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)

Not yet published:Who decides on the investmentGrowth componentLow-risk componentInitial allocationShift before retirementInvestment choice

Contributions and switching

Not yet published:Minimum contributionLump-sum paymentsPausing contributionsRiester transferAllowance application

Payout

Life annuity: No – payout exclusively via drawdown planSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)

Not yet published:Drawdown planWithdrawal for owner-occupied property

Opening an account

Not yet published:How to sign upRequirementsStartCertificationSpecial features

Fidelity VorsorgeDepot Plus

Self-directed accountSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)

Costs

Total cost p.a.: approx. 0.6% of the average account value p.a. plus €2 account fee per monthSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)
Account or contract fee: €2 per month (€24 p.a.)Source ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)
Cost of switching provider: statutory rule: free of charge at the transferring provider after 5 years; receiving provider may charge up to €150 (Fidelity's own fees not stated)Source ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)

Not yet published:Fund costs (TER)Refund of fund costsFront-end loadSavings plan feeFee for purchases and salesDepends on pricing planCosts in the payout phase

Investment

Who decides on the investment: managed (asset management, portfolio manager; 3 risk profiles)Source ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)
Growth component: five regional active Fidelity ETFs (Enhanced Research) as the core, up to 20% in max. four active satellite fundsSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)
Low-risk component: Bond ETFs (global government, corporate, high-yield, emerging-market bonds), up to 25% cash possibleSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)
Initial allocation: 100%, 80% or 60% equities depending on risk profileSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)
Shift before retirement: Glide path from approx. 10 years before retirement; equity share at the start of the payout phase 40/30/20% depending on profile; tactical ±10 percentage pointsSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)
Investment choice: managed by portfolio management; no fund selection by the customerSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)
Contribution guarantee: None (Fidelity offers no guarantee products)Source ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)

Contributions and switching

Minimum contribution: €120 p.a. or €10 per month minimum own contribution for the subsidy (statutory)Source ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)

Not yet published:Lump-sum paymentsPausing contributionsRiester transferAllowance application

Payout

Drawdown plan: Drawdown plan freely selectable from at least 85 to at most 120; up to 30% partial withdrawal at the startSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)
Life annuity: No – payout exclusively via drawdown planSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)

Not yet published:Withdrawal for owner-occupied property

Opening an account

Requirements: Suitability assessment (questionnaire) assigns one of three risk profiles; switching to a more aggressive profile not possibleSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)

Not yet published:How to sign upStartCertificationSpecial features

Fidelity / FFB: product name not yet published

Variant not announced

Costs

Investment

Contribution guarantee: None (Fidelity offers no guarantee products)Source ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)

Not yet published:Who decides on the investmentGrowth componentLow-risk componentInitial allocationShift before retirementInvestment choice

Contributions and switching

Not yet published:Minimum contributionLump-sum paymentsPausing contributionsRiester transferAllowance application

Payout

Life annuity: No – payout exclusively via drawdown planSource ↗ · retrieved 21 October 2026 at 13:14 (Berlin time)

Not yet published:Drawdown planWithdrawal for owner-occupied property

Opening an account

Not yet published:How to sign upRequirementsStartCertificationSpecial 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.