Generation Development Group (GDG) investor relations material

Executive summary

• Group funds under management (FUM) reached $46.4 billion at 30 June 2026, up 36% year-over-year, reflecting strong growth across all business units.

• Integration of Evidentia and Lonsec managed account businesses completed, creating a scalable platform with broader distribution and deeper client relationships.

• Sustained focus on operational execution, recurring revenue, high client retention, and expanding adviser engagement underpin earnings quality and resilience.

Financial highlights

• Generation Life achieved record quarterly sales inflows of $442 million, up 39% year-over-year, and FUM of $5.95 billion, up 35%.

• Evidentia reported net inflows of $3.5 billion for the quarter, with FUM rising to $40.5 billion, up 37% year-over-year.

• Lonsec increased products under research to over 2,000, up 9% year-over-year, and iRate subscribers to 5,629, up 13%.

• SuperRatings average revenue per active client was $129,000, up 9% year-over-year.

Outlook and guidance

• Robust adviser activity and sales momentum provide confidence in sustaining growth into FY27.

• Structural and legislative tailwinds, including tax reforms and an ageing population, are expected to drive demand for retirement income and investment bond products.

• A strong pipeline of opportunities across new and existing clients is expected to support continued inflows.