Trade Republic Undercuts Germany’s 1% Pension Cost Cap with Fee-Free Account
By Tanya Chepkova
AI summary of the source article
Trade Republic plans to launch a fee-free retirement investment account in Germany in January 2027 under new pension reform rules. The neobroker will waive custody and savings-plan execution fees, undercutting Germany's standard 1% cost ceiling.
Why it matters
For Trade Republic, the pension account continues its expansion beyond transactional brokerage into longer-term savings and banking services.
Key facts
- Trade Republic will launch a retirement account in Germany in January 2027 with no custody or regular savings-plan execution fees.
- The offering undercuts Germany's 1% cost cap and will remove fund costs from selected ETFs supplied by BlackRock, DWS, and Vanguard.
- Germany's reform eliminates previous capital guarantee requirements, allowing subsidized contributions to be invested directly in equity funds and ETFs.
Source excerpt · Finance Magnates
Trade Republic plans to launch a free retirement investment account in Germany in January 2027, using the country’s pension reform to compete on price for savings that could remain on its platform for decades. The Berlin-based neobroker said it would charge no custody or regular savings-plan execution fees. It also plans to remove fund costs from several dozen selected ETFs supplied by BlackRock,…