This is a continuation of excellent growth with all metrics...

This is a continuation of excellent growth with all metrics positive, including for Lonsec.

It's a micro demonstration of how much money is washing around in Australia looking for a home, but we shouldn't underestimate the achievements of GDG in ensuring its product stable is better known by financial advisers.

The delay with the annuity product may be positive in the end if the additional features mentioned by CEO Mr Hackett are deemed by FAs to enhance the offering. Annuities are not 'the solution' for all retirees but from what one reads, they are slowly occupying a growing space in the market.

There will have been challenges during COVID-19 (noting that the Melbourne lockdown continues without a firm end date, typical of the mismanagement by Daniel Andrews and his colleagues) so to achieve these inflows during such a time is great. The now-concluded Sydney lockdown also was not helpful.

It'd be interesting to know the geographical spread (by postcodes) of the client base, although such information would be closely guarded by advisers. I have a Sydney-based friend who uses a Melbourne-domiciled adviser. That isn't an isolated case.

Some of us are a bit slow in the southern state of 'Locktoria' but one now realises the reason for the buying activity during the past little while.

This is the sort of emerging company that analysts ought undertake some research on, but some like to keep these well performing companies for themselves and their closest mates.