Generation Development Group (GDG) Q4 2025 TU earnings summary

Executive summary

• Achieved strong growth in the December quarter, continuing positive momentum from the start of FY26, with all business units benefiting from structural tailwinds in Australia's wealth, retirement, and advice sectors.

• Strategic execution included investments in products and technology, a long-term alliance with Ironbark Asset Management, and the acquisition of Encore Advisory Group.

Financial highlights

• Evidentia Group's Funds Under Management (FUM) reached $34.5 billion, up 36% year-over-year.

• Generation Life reported record quarterly sales inflows of $393 million, up 57% year-over-year, and FUM of $5.2 billion, up 34% over the last twelve months.

• Net inflows for Evidentia were $1.6 billion, with 100% client retention for tailored clients.

• Generation Life maintained a monthly sales run rate above $100 million, with withdrawals for the quarter at $63 million (1.22% of closing FUM).

Outlook and guidance

• Several contracted schemes for Evidentia are scheduled to commence in Q3, supporting expectations of strong inflows in the second half of FY26.

• High growth rates are expected to be sustained through continued innovation and capital reinvestment.