Overview
- ING Deutschland unveiled its Altersvorsorgedepot offer Monday and will launch two variants from early 2027 with a €10 monthly minimum.
- Both variants waive contract, depot and plan execution fees so customers only pay the costs of the funds included in their chosen product.
- The self‑directed 'Aktiv Depot' lets customers pick from low‑cost ETFs and funds with a total expense ratio starting at 0.03 percent.
- The bank‑managed 'Relax' standard product sets equity/bond split for customers and invests via two global actively managed ETFs at a 0.20 percent TER, with the ETF partner not yet disclosed.
- The move follows a sector‑wide price race where incumbents and digital brokers undercut fees to win long‑term savers, a strategy aimed at customer acquisition despite thin direct margins.