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Generation Development Group Limited ( (AU:GDG) ) just unveiled an announcement.
Generation Development Group reported another strong December quarter, underscoring solid momentum into FY26 as each of its core businesses delivered growth and strategic progress. Evidentia Group increased Funds Under Management to $34.5 billion, up 36% on the prior year, supported by scaling its managed account platform, a long-term alliance with Ironbark Asset Management, the acquisition of Encore Advisory Group and a 100% retention rate among tailored clients, with additional contracted schemes set to bolster inflows in the second half. Generation Life achieved a record quarter with gross sales inflows of $393 million, up 57% on the prior year, pushing FUM to $5.2 billion and reflecting strong adviser engagement and rising demand for tax-effective retirement products. Lonsec continued to widen its market footprint through new governance and adviser workflow tools, growth in iRate subscriptions despite a shrinking adviser market, and enhanced benchmarking via its SuperRatings business, including the UK Pound for Pound pilot. Together, these results highlight the resilience of GDG’s diversified model and its focus on innovation and disciplined capital allocation to sustain high growth rates and strengthen its position within Australia’s evolving retirement landscape.
The most recent analyst rating on (AU:GDG) stock is a Buy with a A$7.95 price target. To see the full list of analyst forecasts on Generation Development Group Limited stock, see the AU:GDG Stock Forecast page.
More about Generation Development Group Limited
Generation Development Group (ASX: GDG) operates a diversified platform across Australia’s wealth, retirement and financial advice sectors through its key businesses Evidentia Group, Generation Life and Lonsec. The group focuses on managed account platforms, tax-effective wealth and retirement solutions, and research, ratings and governance tools for advisers and superannuation funds, positioning it to benefit from structural growth in the country’s retirement ecosystem.
Average Trading Volume: 1,302,660
Technical Sentiment Signal: Buy
Current Market Cap: A$2.43B
Learn more about GDG stock on TipRanks’ Stock Analysis page.