Generation Development Group Limited(ASX:GDG) added to S&P/ASX All Ordinaries Index

Generation Development Group Limited is an Australia-based Pooled Development Fund (PDF). The Company’s principal activity includes marketing and management of life insurance and life investment products and services to the retail sector in Australia and the provision of administration services in the financial services industry. The Company’s segment is the Benefit Funds Management and Fund Administration, which is engaged in the provision of administration and management services to the Benefit Funds of Generation Life Limited and administration services to institutional clients. It offers a range of tax effective investment solutions, which include investment bonds, IncomeSeries and LifeIncome annuities. Its investment bonds range includes LifeBuilder, ChildBuilder and FuneralBond. LifeIncome annuity is an investment-linked lifetime annuity that pays a regular income for life. LifeIncome annuity is designed to optimize retirement income and complement other retirement solutions.