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Investment

BlackRock takes stake in Generation Life parent company

BlackRock will acquire a minority stake in Generation Development Group (ASX: GDG), forming a strategic partnership with its retirement income subsidiary Generation Life to "set a new standard for managing longevity and sequencing risk."

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Read more: Generation LifeBlackRockRetirement incomeGDGGeneration Development GroupEvidentiaFinancial adviceGrant HackettJason CollinsLonsecRetirement Income CovenantSuperannuation