Brokers Cut Fees to Zero for a Shot at Germany’s €240 Billion Pension Pot
By Damian Chmiel
Source excerpt · Finance Magnates
Germany's online brokers have cut the cost of the country's new state-subsidized retirement depot to zero or close to it. The first contracts can start on January 1, and a survey found few savers want the version that drops the capital guarantee. The Altersvorsorgedepot, or AVD, succeeds the Riester scheme, which held 14.7 million contracts and about €240 billion at the end of 2025, according to B…