Empower Retirement

Smart Communications Continues Exceptional Growth Trajectory in 2022 and Promotes Leadership to Scale Business

Retrieved on: 
Thursday, February 9, 2023
Cloud, Marketing, Smart Communications, CCM, International, Guy-wire, Research report, Scale, American Family, Empower Retirement, Friends, Partner, Admiral Group, Segal, SMS, Product innovation, Salesforce, Investment, Environment, Growth, OneSpan, Organization, Chicago Innovation Awards, Duck Creek, Collaboration, Television, Cryptocurrency, Bank, Management, Mobile phone, Insurance

James Brown explains, “One of the core values of Smart Communications is employee success.

Key Points: 
  • James Brown explains, “One of the core values of Smart Communications is employee success.
  • Smart Communications continued to capitalize on the growing desire and trend towards mature cloud-native solutions and recorded strong growth across all key product lines.
  • Product Innovation: Across four major product releases and multiple minor releases, Smart Communications continues to push innovation and enhancements across the product suite.
  • Partner expansions and marketing: Smart Communications added new partners and expanded programs with Duck Creek , OneSpan and Areteans in APAC.

Twig Expands Its Market Reach With Acquisition of Vybe Technologies

Retrieved on: 
Thursday, December 22, 2022
Software, Mobile, Wireless, Professional Services, Fintech, Data Management, Consumer, Apps, Applications, Technology, Other Professional Services, Generation Z, Finance, Other Technology, Consulting, Gen, Generation Z, Acquisition, Science and technology in Asia, Empower Retirement, News, Sustainability, Risk management, Vybe Beatz

Twig, the company based on circular economy principles, is continuing its expansion with the acquisition of Vybe technology, a leading provider of teen banking services.

Key Points: 
  • Twig, the company based on circular economy principles, is continuing its expansion with the acquisition of Vybe technology, a leading provider of teen banking services.
  • This new development follows the recent acquisitions of UK businesses Loopster and Mobi.market, and marks a major milestone for Twig as it strives to become the go-to platform for the Gen Z market.
  • This acquisition is just the latest in Twig’s string of successes, and the company is looking forward to continuing to expand its reach and make an impact on the Gen Z market.
  • Twig is currently the fastest growing fintech in Europe, accounting for 1M users as of October 2022, only 15 months after its launch.

Empower to Sponsor PGA Tour Rising Star Davis Riley

Retrieved on: 
Monday, December 5, 2022
Personal Finance, Sports, Finance, Marketing, Advertising, Golf, Communications, Professional Services, Asset Management, Valspar, Retirement, Panama, BMW, 2012 Palmer Cup, Empower Retirement, Name, LPGA, Panama Championship, Denver Broncos, Partnership, University, Valspar Championship, Mile High, Taft–Hartley Act, PGA Tour, Boston College, Denver, IRA, 2020 New England Patriots season, Pension, TPC San Antonio, Empower Field at Mile High, Investment, PGA, EIC, Personal Capital, BMW Championship (PGA Tour), Marketing, New England Patriots, AUA, FedEx, Bank, Empower

Empower is announcing a new sponsorship with golfer Davis Riley, who is now beginning his second year of the Professional Golfers Association (PGA) Tour.

Key Points: 
  • Empower is announcing a new sponsorship with golfer Davis Riley, who is now beginning his second year of the Professional Golfers Association (PGA) Tour.
  • What Davis Riley has achieved at such a young age is nothing but admirable.
  • The Empower logo will appear on Rileys shirt throughout the PGA Tour season.
  • Empower also supports Boston College athletics and several professional golfers, including LPGA Tour golfers Cheyenne Knight and Mariah Stackhouse and PGA Tour golfers Webb Simpson, Brendan Steele, Robert Streb and Brendon Todd.

Empower: Resilient Retirement Savers Shifting Focus to Short-Term Needs

Retrieved on: 
Tuesday, November 15, 2022
Professional Services, Insurance, Human Resources, Finance, Asset Management, Banking, Accounting, Workforce, Generation Z, Behavior, Investment, Taft–Hartley Act, Personal Capital, IRA, EFSI, Name, AUA, Habit, Gen, Generation X, Pension, Retirement, Empower Retirement, Knowledge, Bank, Health insurance, Renewable energy, Financial adviser, Pension fund, Insurance, Empower

48 percent of unengaged participants are not making full use of the employer match vs. 22 percent of those who are engaged.

Key Points: 
  • 48 percent of unengaged participants are not making full use of the employer match vs. 22 percent of those who are engaged.
  • I think this illustrates that while we are shifting our focus on short-term spending and planning for now, most savers are still trying to remain long-term focused.
  • EFSI is an affiliate of Empower Retirement, LLC; Empower Funds, Inc.; and registered investment adviser Empower Advisory Group, LLC.
  • Empower refers to the products and services offered by Empower Annuity Insurance Company of America and its subsidiaries, including Prudential Retirement Insurance and Annuity Company and Empower Retirement, LLC.

Empower exceeds 90 percent retention of participants and assets from MassMutual acquisition

Retrieved on: 
Wednesday, September 28, 2022
Professional Services, Business, Human Resources, Finance, Asset Management, Consulting, Personal Finance, IRA, Movement, Murphy, TPA, Twitter, Prudential, EFSI, LLC, Prudential Financial, Name, Linton, Pension, LinkedIn, Acquisition, Consultant, MassMutual, Investment, Empower Retirement, Program, Â, Government, Automation, CEO, Technology, Instagram, Goal, HR, Retirement, Personal Capital, Hospital, Taft–Hartley Act, AUA, Risk management, Bank, Pension fund, Public relations, Cryptocurrency, Financial adviser, Empower, Facebook

Retention results: Through the integration process, Empower has earned the trust of more than 20,000 MassMutual clients and 2.3 million participants a 92 percent participant retention rate, as of Aug. 31.

Key Points: 
  • Retention results: Through the integration process, Empower has earned the trust of more than 20,000 MassMutual clients and 2.3 million participants a 92 percent participant retention rate, as of Aug. 31.
  • EFSI is an affiliate of Empower Retirement, LLC; Empower Funds, Inc.; and registered investment adviser Empower Advisory Group, LLC.
  • Empower refers to the products and services offered by Empower Annuity Insurance Company of America and its subsidiaries, including Prudential Retirement Insurance and Annuity Company and Empower Retirement, LLC.
  • EMPOWER and all associated logos and product names are trademarks of Empower Annuity Insurance Company of America.

Morgan Stanley at Work Unveils First-of-its-Kind Participant Aggregation Platform to Create a Seamless Experience for Plan Advisors

Retrieved on: 
Wednesday, September 7, 2022
Finance, Professional Services, Technology, Software, Human Resources, Morgan Stanley, Work, Trust, NYSE, Solution, Awareness, Insurance, SIPC, Retirement, Corporate services, Ministry of Labour, Generally Accepted Recordkeeping Principles, Company, Workplace, Compliance, Morgan Stanley Wealth Management, DOL, Empower Retirement, Face, Acquisition, Plan, Transamerica Retirement Solutions, Financial adviser, Financial services, Payment card

Plan Advisors have historically used third-party tools and resources to manage their clients retirement plan assets held away at recordkeepers.

Key Points: 
  • Plan Advisors have historically used third-party tools and resources to manage their clients retirement plan assets held away at recordkeepers.
  • Plan Advisors can now work seamlessly with plan sponsors and provide participants targeted financial education through Morgan Stanley Wealth Managements Next Best Action, an engagement tool that powers scalable customized content delivery.
  • Morgan Stanley at Works Retirement Solutions offers a flexible, multi-provider recordkeeper platform designed to meet the individual needs of companies.
  • Morgan Stanley at Work and Shareworks services are provided by Morgan Stanley Smith Barney LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.

Empower: Taft-Hartley plan growth driven by higher optimism, use of tech tools

Retrieved on: 
Thursday, September 1, 2022
Public Policy, Government, Seniors, Personal Finance, Finance, Asset Management, Labor, Professional Services, Consumer, Tablet, Digital technology, Research, Heat, Administration, IBEW, Business manager, Investment, International union, Optimism, LinkedIn, IATSE, UA, Taft–Hartley Act, Pension, Organization, IRA, MassMutual, Prudential, Retirement, Instagram, EFSI, Twitter, LLC, Empower Retirement, AUA, Name, Prudential Financial, Industry, Personal Capital, Income, Health insurance, Online shopping, Financial adviser, Bank, Empower, Facebook

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Key Points: 
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    In addition, Taft-Hartley plan members tend to increasingly embrace personalized digital technology tools such as mobile phones and tablets to help assist them with retirement planning.
  • We are proud to serve these clients and help workers achieve the retirement security they deserve.
  • Empower is seeing tremendous growth and retention success with Taft-Hartley clients particularly amid the recent acquisitions of Prudential Retirement and MassMutual .
  • Taft-Hartley plans (multiemployer plans) are collectively bargained by a labor union and more than one employer in a specific industry.

Brown and Caldwell Recommits to 20-year Empower Partnership

Retrieved on: 
Thursday, August 25, 2022
Professional Services, Human Resources, Finance, Asset Management, Personal Finance, Accounting, People, Workforce, Investment, LinkedIn, IRA, Taft–Hartley Act, Pension, BC, Retirement, Brown, Instagram, EFSI, LLC, Twitter, Empower Retirement, AUA, Name, Environment, Personal Capital, Bank, Financial adviser, Empower, Facebook

Empower announced today that Brown and Caldwell (BC) has signed on to renew the two-decade long relationship with the retirement plan provider.

Key Points: 
  • Empower announced today that Brown and Caldwell (BC) has signed on to renew the two-decade long relationship with the retirement plan provider.
  • We are so grateful that Brown and Caldwell, also locally based in Colorado, recognizes that trust and the values what we have built together, said Rich Linton, president and chief operating officer, Empower.
  • EFSI is an affiliate of Empower Retirement, LLC; Empower Funds, Inc.; and registered investment adviser Empower Advisory Group, LLC.
  • Empower refers to the products and services offered by Empower Annuity Insurance Company of America and its subsidiaries, including Prudential Retirement Insurance and Annuity Company and Empower Retirement, LLC.

State of Illinois Selects Empower as Retirement Provider for Its State Employees

Retrieved on: 
Thursday, August 4, 2022
Professional Services, Public Policy, Government, State, Local, Finance, Asset Management, Personal Finance, Personal Capital, City, Prudential Financial, Name, LLC, AUA, Prudential, Instagram, Police, Twitter, Investment, Retirement, Illinois Department of Central Management Services, Great-West Lifeco, IRA, Empower Retirement, JLEN Environmental Assets Group, Solution, LinkedIn, Pension, Illinois Department of Veterans' Affairs, Pension fund, Financial adviser, Management, Facebook, Empower

Empower announced today that the State of Illinois has chosen the nations second-largest retirement plan recordkeeper1 to manage its 457(b) retirement plan for its approximately 62,000 state employees.

Key Points: 
  • Empower announced today that the State of Illinois has chosen the nations second-largest retirement plan recordkeeper1 to manage its 457(b) retirement plan for its approximately 62,000 state employees.
  • The plan has approximately $4.9 billion in assets.2
    The State of Illinois Employees Deferred Compensation plan, overseen by the Illinois State Board of Investment and administered by the Illinois Department of Central Management Services, transitioned to Empower July 1, 2022.
  • Public employees have very unique roles, and we believe their approach toward successful retirement planning should be unique as well.
  • Empower refers to the products and services offered by GWLA and its subsidiaries, including Empower Retirement, LLC.

Empower Bolsters Its Brand With Legacy Name Alignment

Retrieved on: 
Tuesday, August 2, 2022
Personal Finance, Finance, Professional Services, Asset Management, Insurance, Name, Acquisition, Canada Life, IRA, AUA, Prudential Financial, Empower Retirement, Industry, Twitter, Instagram, Pension, TikTok, Research, JLEN Environmental Assets Group, Advertising, Marketing, Retirement, MassMutual, Technology, Mile, EFS, Personal Capital, LinkedIn, Investment, LLC, Growth, Great-West Lifeco, Prudential, Putnam Investments, Bank, Financial services, Architecture, Financial adviser, Facebook, Empower

The changes are planned and deliberate as the eight-year-old financial services provider Empower fully aligns its legacy company names under the brand of Empower.

Key Points: 
  • The changes are planned and deliberate as the eight-year-old financial services provider Empower fully aligns its legacy company names under the brand of Empower.
  • To further promote alignment and consumer recognition, Empower has changed the names of its U.S. companies with a legacy Great-West name to an Empower name.
  • EFS is an affiliate of Empower Retirement, LLC; Empower Funds, Inc.; and registered investment adviser Empower Advisory Group, LLC.
  • Empower Retirement refers to the products and services offered by EAIC and its subsidiaries, MassMutual legacy business, Empower Retirement, LLC.