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Generation Development Group | 1 Presenters: Grant Hackett OAM Group Chief Executive Officer Generation Development Group Terence Wong Chief Financial Officer Generation Development Group FY 25 Results pack Proud owner of Generation Development Group | 1 For personal use only
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Generation Development Group | 2 2025 financial year key highlights Generation Development Group | 2 $4.4bn Investment bonds funds under management $29.6bn Managed accounts funds under management 1,836 Products researched $141.3m Group $62.4m Generation Life $72.1m Lonsec $8.4m Generation Life $19.8m Lonsec $5.3m Evidentia Group 2cps Full year dividend (fully franked) $30.2m3 Underlying NPAT Underlying NPAT $38.2m3 Statutory NPAT RevenueHighlights 33% 48% 6% 191% 29% 18% 74% 53%1 97%2 170% 555% 1. On 1 August 2024, GDG completed the acquisition of remaining shares in Lonsec, increasing its holdings to 100%. Following this acquisition, GDG gained full control of Lonsec, transitioning Lonsec from associate to subsidiary. GDG was eligible to receive full year earnings for FY25 under the terms of the Share and Options Sales Agreement. This is compared against Lonsec’s full year FY24 results. 2. On 18 February 2025, GDG completed the acquisition of Evidentia. This represents the full year comparison of Evidentia’s NPAT for FY25 and FY24. 3. Includes Evidentia earnings contribution from 18 February 2025. For personal use only
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Generation Development Group | 3 Why Generation Development Group? Generation Development Group | 3 A highly diversified and one of Australia’s fastest growing financial services companies, with leading market positions in investment bonds, investment -linked lifetime annuities, research and ratings, and managed accounts sectors. Strong regulatory tailwinds and market opportunities Structural changes to the wealth management and retirement income sector Capital light business model All products including lifetime annuities #1 market shares and share of inflows in investment bonds2 55% sales and 33% FUM growth on prior period Innovative investment -linked lifetime annuity Strategic alliance with BlackRock Leader in the managed account sector Recent acquisition of Evidentia Group and subsequent merger of Lonsec Investment Solutions with combined FUM of over $29.6bn Best in market research and rating business Recognised as Australia’s leading qualitative financial research house1 1. 2025 Adviser Ratings Australian Financial Advice Landscape Report 2. Plan for Life, Investment Bonds Market Report for period ended 31 March 2025. For personal use only
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Generation Development Group | 4 Generation Development Group | 4 Investment bond Lifetime annuity Research and Ratings $4.4bn in FUM 27% 3-year CAGR #1 market share of inflows 1 57% as at 31 March 2025 over 12- month period #1 market share of total FUM 1 $15.0m underlying investment bond profit 3 34% 3-year CAGR Investment -linked Annual income linked to market performance Income guaranteed for life Including option to include a reversionary beneficiary Offers investment choice Across all major asset classes $33.0m FY25 underlying EBITDA Up 40% on PCP4 Evidentia Managed accounts $14.8bn in FUM up 60% on PCP Combined Lonsec and Evidentia $29.6bn in combined FUM 49% Up on PCP2 4,966 iRate subscribers 1,836 Products researched 1. Plan for Life, Investment Bonds Market Report for period ended 31 March 2025. 2. Assuming like for like basis. 3. Underlying profit of investment bond business, excluding Lifetime annuity and corporate tax expense. 4. On 1 August 2024, GDG completed the acquisition of remaining shares in Lonsec, increasing its holdings to 100%. Following this acquisition, GDG gained full control of Lonsec, transitioning Lonsec from associate to subsidiary. GDG was eligible to receive full year earnings for FY25 under the terms of the Share and Options Sales Agreement. This is compared against Lonsec’s full year FY24 results. BlackRock strategic alliance Holistic Retirement Solutions $14.8bn in FUM 81% 3-year CAGR Lonsec Investment Solutions On-Demand Research 64% of new ratings were delivered on an on -demand basis, a significant increase from 46% in FY24 LifeIncome sales up 50% on PCP For personal use only
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Generation Development Group | 5 FY25 Financial results summary Generation Development Group Consolidated 1. Includes income tax benefit. 2. Excludes Benefit Funds and non-recurring. 3. Includes term deposits, excludes cash attributable to Benefit Funds. 4. On 1 August 2024, GDG completed the acquisition of remaining shares in Lonsec, increasing its holdings to 100%. Following this acquisition, GDG has gained full control in Lonsec, transitioning Lonsec from associate to subsidiary. While completion occurred on 1 August 2024, under the acquisition terms, GDG was entitled to Lonsec’s earnings on a 100% basis from 1 July 2024. 5. On 18 February 2025, GDG completed the acquisition of Evidentia, and FY25 includes Evidentia’s earnings from completion date. Generation Development Group | 5 Consolidated FY254,5 Consolidated FY24 Change % Revenue 1,2 (A$'000) 141,297 48,510 191 Expenses 2 (A$'000) (95,589) (38,199) (150) Underlying profit after tax benefit (A$'000) 45,708 10,311 343 Income tax expense (A$’000) (11,195) (1,166) (860) Investment in associates – normalised share of profit (A$’000) - 6,355 nm Annuity business costs (net of tax) (A$’000) (4,308) (4,298) - Underlying profit after tax (A$'000) 30,205 11,202 170 DPS (A$) 0.02 0.02 - Investment Bonds FUM ( A$‘bn) 4.4 3.3 33 Managed Accounts FUM ( A$’bn) 29.6 10.6 178 Cash and cash equivalent 3 (A$'000) 106,980 169,952 (37) For personal use only
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Generation Development Group | 6 1. Includes income tax benefit. 2. Excludes Benefit Funds and non-recurring. 3. Excludes investment in associates share of profit in HY24. Generation Development Group | 6 FY25 FY24 Change Change % Revenue 1,2 (A$'000) 62,423 48,510 13,913 29 Expenses 2 (A$'000) (47,405) (38,199) (9,206) (24) Underlying profit after tax benefit (A$'000) 15,018 10,311 4,707 46 Income tax expense (A$’000) (2,298) (1,166) (1,132) (97) Annuity business costs (net of tax) (A$’000) (4,308) (4,298) (10) - Underlying profit after tax 3 (A$'000) 8,412 4,847 3,565 74 FY25 Financial results summary Life/Administration and annuity businessFor personal use only
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Generation Development Group | 7 Generation Development Group | 7 1. Underlying earnings excludes abnormal items. 2. Based on 49.2% of holdings in Lonsec at 30 June 2024. Transactions between GDG and Lonsec have been eliminated on consolidation. 3. On 1 August 2024, GDG completed the acquisition of remaining shares in Lonsec, increasing its holdings to 100%. Following this acquisition, GDG gained full control of Lonsec, transitioning Lonsec from associate to subsidiary. GDG was eligible to receive full year earnings for FY25 under the terms of the Share and Options Sales Agreement. This is compared against Lonsec’s full year FY24 results for comparison purpose. FY25 FY242 FY24 based on 100% of Lonsec 3 Change %3 Revenue (A$'000) 72,134 - 61,267 18 Expenses (A$'000) (44,341) - (42,854) (3) Underlying profit before tax (A$’000) 27,793 - 18,413 51 Income tax expense (A$’000) (8,017) - (5,472) (47) Investment in associates – normalised share of profit (A$’000) - 6,355 - nm Underlying profit after tax 1 (A$'000) 19,776 - 12,941 53 FY25 Financial results summary Lonsec – Investment Solutions, Research and Ratings1 For personal use only
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Generation Development Group | 8 Generation Development Group | 8 1. Excludes intercompany transactions. Underlying earnings excludes abnormal items. 2. On 18 February 2025, GDG completed the acquisition of Evidentia. Table represents Evidentia’s earnings for full financial year 2025 and 2024 for comparative purposes only. FY25 Financial results summary Evidentia Group1,2 FY25 FY24 Change Change % Revenue (A$'000) 16,530 10,132 6,398 63 Expenses (A$'000) (9,231) (6,500) (2,731) (42) Underlying profit before tax (A$’000) 7,299 3,632 3,667 101 Income tax expense (A$’000) (1,991) (936) (1,055) (113) Underlying profit after tax (A$'000) 5,308 2,696 2,612 97 For personal use only
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Generation Development Group | 9 The pioneer in providing market leading investment bond and investment -linked lifetime annuity solutions by offering tax optimised investments, estate planning alternatives and retirement income solutions. For personal use only
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Generation Development Group | 10 FY25 highlights and key performance measures Generation Life Life Business FUM $4.4 billion Up 33% Sales Investment bond sales $1,015 million Annuity product sales $25.7 million Market Share 57% of annual market inflows1 (12 months to 31 March 2025) Approved Product List (APL) 780 Up 9% Product Rating Investment bond “Highly Recommended” by Chant West 2 LifeIncome Recommended by Chant West 2 Active Financial Advisers3 2,640 Up 16% New Bond Numbers4 10,645 Up 47% Savings Plan5 $111.5 million Up 18% Investment options LifeBuilder / ChildBuilder / FuneralBond 76 Options Generation Life Tax Effective Equity Income Fund 3 Options/ Classes LifeIncome 29 Options Average Investment Term 14.5 years6 1. Plan for Life, Investment Bonds Market Report for period ended 31 March 2025. 2. Refer to page 32 for further information about ratings for Generation Life Investment Bonds (ChildBuilder and LifeBuilder). The Generation Life Tax Effective Equity Income Fund has a Recommended Chant West rating. 3. Refer to page 32 for the definition of Active Financial Adviser. 4. Number of new policyholders that have not held an investment bond or LifeIncome policy with Generation Life previously either advised or direct for the financial year ending June 2025. Previous number disclosed the number of policyholders that have made an investment or a subsequent add-on with Generation Life over the financial year including existing clients both advised and direct. 52% growth on last year, based on similar metric. 5. Automatic ongoing additional contributions from existing investment bond policyholders. 6. Average investment term = 1 / Average annual withdrawal rate over 3 years. Generation Development Group | 10 For personal use only
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Generation Development Group | 11 No. 1 in inflows and FUM Generation Life 56.6% 18.2% 12.4% 6.8% 0.1% $ 0 m $ 1,000 m $ 2,000 m $ 3,000 m $ 4,000 m 0% 10% 20% 30% 40% 50% 60% Generation Life Australian Unity Group Futurity Investment Group Cent uria Capital Resolution Life Australasia TOTAL FUM MARKET SHARE – INFLOWS Market share - inflows Total FUM For the 12 month period ended 31 March 2025. Source: Plan for Life Actuaries & Researchers, Investment Bonds Report for the period ending 31 March 2025. Generation Development Group | 11 For personal use only
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Generation Development Group | 12 Generation Development Group | 12 $0 $5,000 $10, 000 $15, 000 $20, 000 FY21 FY22 FY23 FY24 FY25 $0 $1,000 $2,000 $3,000 $4,000 $5,000 FY21 FY22 FY23 FY24 FY25 Continued improvements in all key metrics Generation Life Annual Sales & Net Inflows ($m) Number of New Applications FUM ($m) Number of Active Advisers Underlying NPAT ($’000)1 25% CAGR 39% CAGR $0 $200 $400 $600 $800 $1,000 FY21 FY22 FY23 FY24 FY25 Annual Sales Annual Net Sales 26% CAGR in annual net sales 26% CAGR in annual sales 0 2000 4000 6000 8000 10000 12000 FY21 FY22 FY23 FY24 FY25 0 1000 2000 3000 FY21 FY22 FY23 FY24 FY25 15% CAGR 1. Underlying NPAT excludes lifetime annuity and corporate tax expense. 18% CAGR For personal use only
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Generation Development Group | 13 The BlackRock and Generation Life strategic alliance brings together capabilities to develop Holistic Retirement Solutions As part of its long -term commitment to the alliance, BlackRock acquired a minority stake of AU$25m in Generation Development Group. • Global expertise in managing retirement assets, such as Lifepath TM and other investment solutions • Pioneer of innovative holistic retirement income solutions, such as Lifepath Paycheck TM in the US • Proven and trusted technology capabilities through Aladdin and adviser tools • Proven technology and investment partner to Australian businesses • Provider of investment -linked lifetime annuity solution to manage longevity risk • Innovative and scalable retirement income product and platform, LifeIncome • Pioneer and market leader in tax -effective investing through its investment bonds offering • Strong history in delivering flexible, innovative investment strategies and solutions for financial advisers and their clients Closing LifeIncome Fund Under Management with sales increasing by 50% year on year $59.5m BlackRock Generation Life Generation Life LifeIncome This is the first time BlackRock has made a strategic balance sheet investment into an Australian business. For personal use only
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Generation Development Group | 14 Generation Development Group | 14 Our award-winning research Experts in delivering quality investment research and providing end -to-end managed account solutions, as demonstrated through our success in winning numerous prestigious awards and accolades For personal use only
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Generation Development Group | 15 Generation Development Group | 15 FY25 Revenue $72.1m (Up 18% on PCP) FY25 EBITDA $33.0m (Up 40% on PCP) FY25 NPAT $19.8m (Up 53% on PCP ) Key highlights Lonsec Group 100% ownership in Lonsec Australia’s leading qualitative investment research firm whose research ratings are used industry wide and one of Australia’s leading Managed Accounts providers with a track record of innovation and consistent growth Managed Accounts scale Lonsec Investment Solutions up 39% on FY25 Expanding product breadth Ongoing expansion of research overage with new product launches planned for FY26 Strong earnings momentum 18% revenue growth in FY25, underpinned by out -of-cycle, on - demand research For personal use only
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Generation Development Group | 16 20,880 29,475 31,249 40,438 FY22 FY23 FY24 FY25 Gross profit 1 ($'000) 39,286 55,716 61,267 72,134 FY22 FY23 FY24 FY25 Revenue ($'000) 22% CAGR 25% CAGR 1. Commencing FY24, technology, risk and compliance costs were allocated to gross profit to better reflect cost attribution. Underlying Lonsec financial results Lonsec Group 10,972 17,217 23,547 33,032 FY22 FY23 FY24 FY25 6,177 8,350 12,941 19,776 FY22 FY23 FY24 FY25 NPAT ($'000) 47% CAGR EBITDA ($'000) 44% CAGR For personal use only
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Generation Development Group | 17 36,724 42,829 FY24 FY25 Research and Ratings Lonsec Group Lonsec Research is the market leader in investment research. Our core competencies are research, ratings , and data providing differentiated insights. Recognised as the best in the market1. As a gatekeeper, Lonsec play a key role in distribution and quality control for financial advisers. SuperRatings ® provides superannuation product ratings and insights. iRate is an investment research platform providing financial professionals with access to our full range of financial product research, ratings and analytical tools. 1. Based on Adviser Ratings 2025 and Australian Wealth Management Awards 2024 Revenue ($'000) Gross profit ($'000) 20,268 26,430 FY24 FY25 Revenue spilt Gross profit spilt 66% 21% 13% Lonsec Research SuperRatings iRate 66% 21% 13% FY24 FY25 70% 19% 11% Lonsec Research SuperRatings iRate 69% 20% 11% FY24 FY25 17% 30% For personal use only
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Generation Development Group | 18 Generation Development Group | 18 Research and Ratings Lonsec Group Products Researched1 0 10,000 20,000 0 2, 500 5, 000 FY21 FY22 FY23 FY24 FY25 iRate Subscribers Registered Financial Planners SuperRatings – Average revenue per client2, 3 iRate Subscribers and Registered Financial Planners 1. The total number of products that are under contract for rating. 2. FY25 results have been annualised in the chart for comparison purposes. 2HY is normally impacted by seasonality. 3. SuperRatings revenue per client for FY25 (1 July to 30 June) is Total Revenue divided by the number of active clients (with live subscriptions or engagements during the period.) 1,357 1,438 1,556 1,732 1,836 FY21 FY22 FY23 FY24 FY25 $69,647 $75,553 $75,683 $92,422 $118,000 0 40 80 120 $0 $20, 000 $40, 000 $60, 000 $80, 000 $100,000 $120,000 FY21 FY22 FY23 FY24 FY25 Average Revenue per client SuperRatings - Number of active clients For personal use only
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Generation Development Group | 19 0.7 0.8 1.3 1.6 2.0 2.3 2.8 3.1 3.6 6.4 7.5 8.2 8.8 9.1 9.8 10.4 10.6 11.7 12.7 13.3 14.8 13.5 14.8 Ju n-20 Sep-20 Dec-20 Mar-21 Ju n-21 Sep-21 Dec-21 Mar-22 Ju n-22 Sep-22 Dec-22 Mar-23 Ju n-23 Sep-23 Dec-23 Mar-24 Ju n-24 Sep-24 Dec-24 Mar-25 Ju n-25 Lonsec Investment Solutions Evidentia Group Managed Accounts FUM Lonsec Investment Solutions and Evidentia Group $29.6bn FUM as at June 2025 Lonsec acquired Implemented Portfolios Limited (IPL) on 4 August 2022. Closing FUM in $bn For personal use only
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Generation Development Group | 20 Generation Development Group | 20 Lonsec Investment Solutions 7,023 21,235 24,543 29,023 FY22 FY23 FY24 FY25 Lonsec Investment Solutions offers a broad range of investment offerings through Managed Account (IMAs & SMAs) 1 solutions. 1. Individually Managed Account (IMA) and Separately Managed Account (SMA) 2. Commencing FY24, technology, risk and compliance costs were allocated to gross profit to better reflect cost attribution. 1,933 9,582 10,981 14,008 FY22 FY23 FY24 FY25 94% CAGR Gross profit 2 ($'000)Revenue ($'000) 60% CAGR For personal use only
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Generation Development Group | 21 Evidentia Group is one of Australia’s leading companies in the managed accounts sector, providing unrivalled end-to-end managed accounts solutions for licensees, financial advisers, and their clients. Generation Development Group | 21 For personal use only
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Generation Development Group | 22 Overview of Evidentia One of Australia’s leading providers of investment management and tailored Managed Account solutions • Evidentia is one of Australia’s leading providers of investment management and tailored Managed Account solutions, with offices across Sydney, Brisbane, Melbourne and Perth • Founded by a highly experienced team with over 23 years average industry experience Business Overview 35 Employees 4 Offices Source: Evidentia 1. As at Jun-25. 2. On 18 February 2025, GDG completed the acquisition of Evidentia. FY25 represents Evidentia’s earnings for comparative purposes only. Financial Snapshot2 ($m) 5.1 10.1 16.5 FY23 FY24 FY25 1.2 3.6 7.8 FY23 FY24 FY25 Revenue Underlying EBITDA Evidentia Snapshot 0.9 2.5 5.3 9.3 14.8 FUM Snapshot ($bn) Jun-21 Jun-22 Jun-23 Jun-24 Jun-25 $14.8bn FUM1 For personal use only
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Generation Development Group | 23 FY26 New Operating Structure Investment bonds Lifetime annuity Research Ratings Tailored Managed Accounts Off the Shelf Managed Accounts Managed Discretionary Accounts Generation Development Group | 23 iRate Private Markets Solutions For personal use only
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Generation Development Group | 24 Generation Development Group | 24 Generation Development Group outlook Continue to build upon current sales momentum for Generation Life – capitalising on legislative tailwinds that superannuation is not intended for the purpose of bequest and likely tax reform including Div 296. Fully leverage our alliance with BlackRock with several product and distribution initiatives already underway . Capitalise on the structural changes in wealth management and the increasing needs of sophisticated investors – resulting in continued growth in the managed account sector that is expected to grow from $206bn to $474bn by 2030. 1 Actively review the market for high growth opportunities that align with GDG's strategic objectives , with a disciplined approach to evaluating acquisitions that can enhance our capabilities, expand our client reach, and drive long term shareholder value . Lonsec Research will continue to expand product coverage, launch new initiatives and extend its investment reach . 1. IMAP (Jun-20-24), NMG Consulting (historical SMA type splits and all forecasts including the treatment of MDA as including MDAs, IMAs and other discretionary with no roll-forward or adjustment for MDA managers that did not provide data to IMAP in Jun-24). For personal use only
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Generation Development Group | 25 Generation Development Group | 25 Appendices For personal use only
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Generation Development Group | 26 Reconciliation of statutory profit to underlying earnings Generation Development Group Consolidated FY25 FY24 Change Change % Underlying profit after tax (A$’000) 30,205 11,202 19,003 170 Other items (net of applicable tax) (A$’000): Gain on remeasurement of pre-existing interest in Lonsec 75,142 - 75,142 nm Fair value uplift in Lonsec's earnout (48,028) - (48,028) nm Amortisation of customer relationships and software (7,520) - (7,520) nm Transaction costs (Lonsec & Evidentia) (11,202) (1,286) (9,916) (771) Integration costs (1,493) - (1,493) nm Investment in associates – Lonsec IPL acquisition and integration costs, and impairment of software - (2,813) 2,813 nm Deferred tax asset on carry-forward losses (utilised) / recognised - (352) 352 nm Profit after tax (excluding AASB 17) 37,104 6,751 30,353 450 AASB 17 adjustments1 1,143 (911) 2,054 225 Statutory profit after tax 38,247 5,840 32,407 555 1. The Group has adopted AASB 17 Insurance Contracts from 1 July 2023. This represents the AASB 17 adjustments for the period. For personal use only
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Generation Development Group | 27 The Australian Managed Accounts sector is a $200bn+ market opportunity that is highly fragmented, with the Tailored SMA segme nt, where Evidentia is a market leader, experiencing the fastest growth. Managed Accounts Growth Forecast Australian Managed Accounts industry ($bn) offers significant growth potential Evidentia and Lonsec growth has outpaced the growth of their respective Managed Accounts sectors Source: IMAP (Jun-20-24), NMG Consulting (historical SMA type splits and all forecasts including the treatment of MDA as including MDAs, IMAs and other discretionary with no roll-forward or adjustment for MDA managers that did not provide data to IMAP in Jun-24), Brokerresearch. 1. ‘Other’ defined as discretionary accounts that are not Registered MIS or operated under the MDA Instrument (principally Trustee Discretion, IDPS Like and wholesale discretionary). 2. Subject to future performancedisclaimer. ~15-20% ~80-85% FY24 Managed Accounts players market share Top 5 Managed Accounts players Others 6 14 22 33 4315 26 34 44 61 7 12 15 18 25 35 48 51 51 52 17 11 14 16 25 2020 2021 2022 2023 2024 Tailored SMA Off-The-Shelf SMA Internalised SMA MDA Other¹ 80 111 136 162 206 138 144 55 110 27 2030F² Market Market Market 474 Lonsec Investment Solutions and Evidentia are leaders across different Managed Accounts sectors CAGR (20-24) CAGR (24-30F2) 27% 15% 10% 2% 10% 13% 37% 15% 43% 15% 61% 21% Highest growth in Evidentia’s Tailored SMA For personal use only
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Generation Development Group | 28 Generation Development Group | 28 9 key features of investment bonds Maximum tax rate of 30% Tax Optimised generally ranges between 10% - 15%1 No distributions and access to funds at anytime Creditor protection 125% advantage - encourages active additional contributions over the long term Tax paid - no personal tax after 10 years - tax advantages within 10 years Portability and tax- free transfers No tax file number required No personal capital gains tax on investment switching Can be structured as a non-estate asset 1. Estimated average tax rates being the estimated average annual tax as a percentage of earnings for each 12 -month period over a forecast period of 15 years. Actual tax amounts payable are not guaranteed and may vary from year to year based on, amongst other things, the earnings of an investment option. For personal use only
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Generation Development Group | 29 5 key uses of investment bonds Generation Life investment bonds are designed to provide tax -effective investment solutions to help secure a financial future across all generations. Alternative to superannuation The most tax effective investment solution after super Estate planning Be in control of transferring wealth Saving for a child Meeting the rising costs of future generations Government entitlement Improving pension entitlements Trusts Reducing distributable income within trusts For personal use only
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Generation Development Group | 30 Our leading investment menu Investment bonds 27 Diversified 13 Australian shares 14 International shares 6 Australian fixed interest 4 Property 7 International fixed interest 3 Alternatives 2 Cash and deposits At Generation Life, we offer a wide range of investment options to meet investment objectives. 76 investment options across all major asset classes : Generation Development Group | 30 For personal use only
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Generation Development Group | 31 Generation Development Group | 31 8 key features of LifeIncome Investment menu 29 options with the ability to switch at anytime1 LifeIncome Flex Increase starting income by choosing a reduced income when investor or their reversionary passes away LifeBooster More income sooner 0% tax environment Investment earnings within LifeIncome are tax-free Death Benefit3 and Withdrawal Benefit4 Flexibility and peace of mind Investment-linked lifetime annuity Single or reversionary Dollar-cost averaging Progressive investment Reversionary beneficiary Money available to support spouse or loved one2 between ages of 50 and 95 1. Brief exclusion period applies – refer to the Product Disclosure Statement 2. If commencing LifeIncome with superannuation money, they can only nominate their spouse to receive income after they pass away. If commencing LifeIncome with non-superannuation money, they can nominate their spouse or any other person such as their child or sibling. 3. A lump sum Death Benefit is payable to your nominated beneficiaries or estate if you pass away during your Death Benefit Period. 4. A lump sum Withdrawal Benefit is available within the Withdrawal Period. The Withdrawal Period is equal to your Death Benefit Period. If your LifeIncome has the LifeIncome Flex feature, your Withdrawal Period is six months from the commencement of your policy. For personal use only
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Generation Development Group | 32 Generation Development Group | 32 6 core uses of LifeIncome 1. Brief exclusion period applies – refer to the Product Disclosure Statement Minimising the impact of an inheritance on your Age Pension benefits Protecting your spouse / loved one with income for life or a death benefit payment Providing peace of mind to spend in retirement and avoiding ‘regret risk’ Income layering alongside account- based pension and Age Pension Investment choice that aligns to your client risk profile with the ability to switch at anytime 1 Qualify or bring forward the age to access the Age Pension and ancillary benefits For personal use only
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Generation Development Group | 33 Our leading investment menu LifeIncome At Generation Life, we offer a wide range of investment options to meet investment objectives. We offer 29 investment options across multiple styles: Generation Development Group | 33 2 x Retirement Portfolios 5 x Single Sector Index funds 8 x Pre-Packaged Diversified Models 3 x Lower Volatility Outcome Based Funds 5 x Truly Active Single Sector Funds 1 x Inflation Linked Fund 3 x Responsible Investment funds 1 x Private Debt Fund 1 x Cash Fund For personal use only
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Generation Development Group | 34 Disclaimer This presentation has been prepared by Generation Development Group Limited ABN 90 087 334 370 (GDG). GDG believes that the information in this presentation is accurate and reliable, but no warranties of accuracy, reliability or completeness are given (except insofar as liability under any statute cannot be excluded). GDG does not accept responsibility for any errors, omissions or negligence. Statements that are non-factual in nature, including projections and estimates, assume certain economic conditions and industry developments and constitute only current opinions, all of which are subject to change. Past performance is not an indicator of future performance. The information in this presentation is for information purposes only and does not constitute an offer of, or a recommendation to buy, securities or financial products in any jurisdiction. The investment objectives, financial situation or needs of any particular person have not been taken into account in preparing this presentation. The Generation Life Product Disclosure Statements (PDS) should be considered in deciding whether to acquire, or continue to hold, investment bonds or LifeIncome. Active Financial Adviser: Active Financial Adviser number defined as financial advisers who have written business in the last 12-month period that remain active at the reporting period close date. The Zenith CW Pty Ltd ABN 20 639 121 403 AFSL 226872/AFS Rep No. 1280401 Chant West rating (assigned January 2025) and investment bond rating (assigned January 2025) are limited to General Advice only and have been prepared without considering your objectives or financial situation, including target markets where applicable. The rating is not a recommendation to purchase, sell or hold any product and is subject to change at any time without notice. You should seek independent advice and consider the PDS or offer document before making any investment decisions. Ratings have been assigned based on third party data. Liability is not accepted, whether direct or indirect, from use of the rating. Past performance is not an indication of future performance. Refer to www.chantwest.com.au for full ratings information and our FSG. The Zenith CW Pty Ltd ABN 20 639 121 403 AFSL 226872/AFS Rep No. 1280401 Chant West lifetime product rating (assigned March 2025) are limited to General Advice only and have been prepared without considering your objectives or financial situation, including target markets where applicable. The rating is not a recommendation to purchase, sell or hold any product and is subject to change at any time without notice. You should seek independent advice and consider the PDS or offer document before making any investment decisions. Ratings have been assigned based on third party data. Liability is not accepted, whether direct or indirect, from use of the rating. Past performance is not an indication of future performance. Refer to www.chantwest.com.au for full ratings information and our FSG. This presentation has been authorised by the Board. For personal use only