Direct bank3 products
flatex Altersvorsorgedepot: costs, variants and terms
flatex has announced 3 products for the Altersvorsorgedepot (Germany's new state-subsidised retirement investment account): Standarddepot Core, Standarddepot Plus, Altersvorsorgedepot Flex. This page lists everything flatex has published about it so far, with the source and the time we retrieved it.
Before launch
Early registration: ReservationSource ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
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Standarddepot Core
StandarddepotSource ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)Costs
- Total cost p.a.
- €0 account/contract fee, €0 order commission; TER refunded in the first 5 years, then max. 0.07% p.a. (plus standard market spreads)Source ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Account or contract fee
- €0 (no account fee and no contract fee)Source ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Fund costs (TER)
- max. 0.07% p.a. (TER) from year 6Source ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Refund of fund costs
- Product costs (TER) refunded for the first 5 years ('at least', according to the press release)Source ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Savings plan fee
- €0 (plus standard market spreads)Source ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Fee for purchases and sales
- €0 order commission for one-off investments (plus standard market spreads)Source ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
Not yet published:Front-end loadDepends on pricing planCost of switching providerCosts in the payout phase
Investment
- Who decides on the investment
- managed (two preset modules; weighting adjustable)Source ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Growth component
- Equity building block (fund/ISIN not yet named)Source ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Low-risk component
- defensive bond module (fund/ISIN not yet stated)Source ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Shift before retirement
- automatic shift towards bonds before retirement; weighting adjustable at any timeSource ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Investment choice
- 2 building blocks (equities, bonds)Source ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
Not yet published:Initial allocationContribution guarantee
Contributions and switching
- Lump-sum payments
- Yes, lump-sum investments possibleSource ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
Not yet published:Minimum contributionPausing contributionsRiester transferAllowance application
Payout
Not yet published:Drawdown planLife annuityWithdrawal for owner-occupied property
Opening an account
- How to sign up
- online (digital access)Source ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Start
- planned 01.01.2027announcedSource ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Special features
- TER refund for min. 5 years; spread costs remainSource ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
Not yet published:RequirementsCertification
Standarddepot Plus
StandarddepotSource ↗ · retrieved 21 October 2026 at 13:15 (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
- managed (preset modules; weighting adjustable)Source ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Growth component
- Equity building block, broadly diversified worldwide (fund/ISIN not yet named)Source ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Low-risk component
- EUR bonds with a gold allocation (fund/ISIN not yet named)Source ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Shift before retirement
- automatic shift towards the defensive module before retirementSource ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Investment choice
- ETF solution: global equity component + euro bonds and goldSource ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
Not yet published:Initial allocationContribution guarantee
Contributions and switching
Not yet published:Minimum contributionLump-sum paymentsPausing contributionsRiester transferAllowance application
Payout
Not yet published:Drawdown planLife annuityWithdrawal for owner-occupied property
Opening an account
- How to sign up
- online (digital access)Source ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Start
- planned 01.01.2027announcedSource ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Special features
- Gold allocation in the defensive componentSource ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
Not yet published:RequirementsCertification
Altersvorsorgedepot Flex
Self-directed accountSource ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)Costs
- Fund costs (TER)
- depends on the selected ETFs/fundsSource ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
Not yet published:Total cost p.a.Account or contract feeRefund 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
- self-directedSource ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Growth component
- Choice of ETFs and fundsSource ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Low-risk component
- Choice of ETFs and fundsSource ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Initial allocation
- no proposal (you set the weighting yourself)Source ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Investment choice
- large universe of eligible ETFs and funds; up to 25 positionsSource ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
Not yet published:Shift before retirementContribution guarantee
Contributions and switching
Not yet published:Minimum contributionLump-sum paymentsPausing contributionsRiester transferAllowance application
Payout
Not yet published:Drawdown planLife annuityWithdrawal for owner-occupied property
Opening an account
- How to sign up
- online (digital access)Source ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Start
- planned 01.01.2027announcedSource ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
- Special features
- Switching and exchanging within the statutory rulesSource ↗ · retrieved 21 October 2026 at 13:15 (Berlin time)
Not yet published:RequirementsCertification
More providers: Direct bank
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