• $250m of quarterly inflows, up 61% on previous corresponding period
• Highest annual FUM growth of 31% to $3.84b
• 59% market share of quarterly inflows into investment bonds

Generation Development Group has reported a record December quarter, with $250m of inflows, up 61% on the previous corresponding period. This was the highest quarter in the history of Generation Life, and December was the first month in history to exceed $100m in inflows. The company achieved its highest annual funds under management growth of 31% to $3.84b. Generation Life also recorded a 59% market share of quarterly inflows into investment bonds for the period ended September 2024. The company's investment bond net inflows of $194m for the quarter were the highest in its history. There are several initiatives planned for the second half of the financial year, including offering more tax-optimized investment options for investors and a campaign for the Investment-Linked Lifetime Annuity product, which has led to an increase in the sales pipeline. The company has seen a substantial increase in the engagement of financial advisers throughout 2024, utilizing investment bonds as a complementary product to their clients' overall wealth and estate planning needs.