Generation Development Group (GDG) Q1 2026 TU earnings summary

Executive summary

• Achieved strong growth across all business units in the September quarter of FY26, with record inflows and expanding market leadership in managed accounts and investment bonds.

• Evidentia Managed Accounts completed integration, launched new solutions, and secured major client mandates, driving FUM to $32.6bn, up 46% year-over-year.

• Generation Life posted record quarterly sales inflows of $330m (up 58% YoY), with FUM rising to $4.8bn, up 34% YoY.

• Lonsec Research & Ratings saw increased demand, with products under research rising to 1,870 and iRate subscribers exceeding 5,200.

Financial highlights

• Evidentia Group FUM reached $32.6bn as of September 2025, a 46% increase year-over-year, with record net inflows over $2bn.

• Generation Life FUM grew to $4.8bn, up 9% since June 2025 and 34% year-over-year; quarterly sales inflows hit a record $330m.

• Withdrawals for Generation Life were $55m, 11% lower than the previous quarter.

• Lonsec Research & Ratings increased contracted products by 2% from June 2025 and maintained strong revenue per client in SuperRatings.

Outlook and guidance

• Evidentia’s Accelerated Growth Plan, endorsed by the board, aims to scale managed accounts, advice, distribution, and technology over three years.

• Generation Life is well positioned to benefit from evolving tax policy and increased demand for tax-effective wealth solutions outside superannuation.

• Lonsec expects continued growth in research, ratings, and data-driven advice solutions, supported by new product launches and platform enhancements.