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Investment

Generation Development Group corrals complete ownership of Lonsec

Generation Development Group, the parent company of Generation Life, which recently acquired the remaining stake in Lonsec, has reported a $673 million increase in funds under management (FUM) over the last financial year.

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Read more: Generation Development GroupLonsecLifetime annuitiesGeneration LifeInvestment bondsInvestorsRob CoombeASXColonial First StateSuperannuationStage three tax cutsFinancial adivsers