June quarter update
Stock | Generation Development Group Ltd (GDG.ASX) |
---|---|
Release Time | 23 Jul 2025, 8:14 a.m. |
Price Sensitive | Yes |
Generation Development Group reports strong Q4 performance
- Evidentia Group achieved 100% client retention and acquired 7 new clients
- Generation Life recorded over $1bn in annual Investment Bond sales, a 55% increase
- Lonsec Research & Ratings delivered 64% of new ratings on-demand, up from 46%
Generation Development Group (GDG) has delivered an outstanding performance across all three of its core businesses - Lonsec Research & Ratings, Generation Life, and Evidentia Group - during the June quarter, concluding what has been a transformative year for the Group. Evidentia Group successfully integrated Evidentia and Lonsec's managed account operations ahead of plan, achieving 100% client retention and acquiring seven new clients. Generation Life achieved record Investment Bond sales of over $1bn, marking a 55% year-on-year increase, with the final quarter of FY25 resulting in a record $317m in sales. Lonsec has continued its strong momentum, with 64% of new ratings being delivered on an on-demand basis, up from 46% in FY24. The launch of RateMySuper and Adviser Connect solutions has further strengthened client engagement and revenue streams. GDG is exceptionally pleased with the speed and precision of its business restructure, which has provided clarity of purpose and an environment designed for success. The company enters FY26 with strong momentum and a clear path to sustained growth.
Generation Life achieved record Investment Bond sales of over $1bn, a 55% increase year-on-year, for the financial year ended June 2025.
GDG enters FY26 with strong momentum and a clear path to sustained growth, driven by a strong pipeline of new mandates, continued innovation across its product suite, and investments designed to optimise both capability and client experience.