Generation Development Group Delivers a Solid Fiscal 2025

Formerly known as Austock Group, Generation Development Group has diversified its operations across the wealth management sector through three businesses. The first is the provision of investment bonds and annuities—tax-effective products that complement superannuation—via Generation Life, Australia’s largest investment bond provider. The second is providing investment research and ratings, which services fund managers, super funds, and advisors through Lonsec, a major research house alongside Morningstar and Zenith. The third is asset consulting and managed accounts, formed through the integration of Lonsec and Evidentia’s managed account business, which offers tailored solutions for advisory practices and their clients.