Generation Development (ASX: GDG) — Company Overview, News & Financial Data
Generation Development is an Australian Pooled Development Fund investing in financial sector businesses.
Generation Development
Generation Development is an Australian financial services company that provides investment, wealth management, and research solutions. Founded in 1991, the business operates across key sectors of the Australian financial market through specialized subsidiaries and operating units. Its core operations include manufacturing investment bonds and lifetime annuities designed to offer tax-effective investment and retirement income structures for financial advisers and retail investors. Additionally, the group delivers qualitative investment research, fund ratings, and financial data tools, alongside end-to-end managed account administration and technology solutions for licensees, financial advisers, and wealth management firms across Australia.
Snapshot
Operations
Products and/or services of Generation Development
- Investment Bonds: Tax-effective pooled investment products structured as investment bonds, providing tax-paid investment solutions, flexible estate planning strategies, and long-term wealth accumulation vehicles distributed through nationwide financial adviser networks across Australia.
- Lifetime Annuities: Guaranteed lifetime income stream products and longevity risk management solutions designed to provide predictable, tax-effective retirement income streams and capital protection strategies for retirees and financial planning clients across Australia.
- Qualitative Investment Research and Ratings: Comprehensive financial research, fund manager qualitative ratings, model portfolios, and financial product analysis delivered to financial advice networks, institutional investors, and wealth management professionals across Australia.
- Managed Account Solutions: End-to-end managed account administration, portfolio management technology, licensee consulting, and custom platform solutions enabling financial advisers and wealth advice licensees to construct, execute, and operate client investment model portfolios.
- Investment Data and Analytics: Financial data feeds, software analytics, portfolio construction tools, and digital research platforms supporting financial planners, fund managers, and advice groups in investment research, portfolio monitoring, and regulatory compliance.
- Wealth and Estate Planning Solutions: Specialized tax-aware investment solutions and wealth preservation structures tailored for financial advisers and clients seeking flexible intergenerational wealth transfer strategies within Australian regulatory and tax frameworks.
Generation Development executive team
- Mr. Robert Neil Coombe L.L.B., LLB (Hons)Executive Chairman
- Mr. Grant Hackett O.A.M.CEO & CEO and MD of Generation Life Limited
- Mr. Terence Wong B.Com., C.A., L.L.B.Chief Financial Officer
- Mr. Felipe AraujoGeneral Manager of Distribution, Marketing & Operations
- Mr. Peter Anthony SmithExecutive Director
- Mr. Michael WrightChief Executive Officer of Lonsec Holdings Pty Ltd
- Ms. Amanda Jane Gawne ACIS, B.Com., FCIS, Grad Dip CSP, L.L.B.Head of Legal & Compliance, Chief Risk Officer and Company Secretary
- Mr. Gordon JosephGroup Financial Controller