flatexDEGIRO has announced the launch of its retirement savings account offerings in Germany, expanding its long-term savings proposition ahead of the country's planned pension reform. The launch includes three account models: Core Standard, Plus Standard, and Flex.
The Core Standard Account features no custody or contract fees, and no trading commissions on savings plans or one-off investments. Product costs, measured by the total expense ratio, will be fully reimbursed for at least the first five years. After this period, product costs will be capped at 0.07% per year, ranking among the lowest-cost offerings in the market, excluding customary spread costs associated with securities transactions.
The Plus Standard Account offers a diversified ETF-based solution, while the Flex account allows clients to construct customized portfolios utilizing eligible ETFs and investment funds. These offerings aim to support long-term wealth accumulation through capital markets in Germany.
