Great-West Lifeco

Final Agenda Released for Reuters Events: The Future of Insurance Canada 2022

Retrieved on: 
星期二, 八月 9, 2022

London, United Kingdom--(Newsfile Corp. - August 9, 2022) - Reuters Events has officially released the final agenda for the upcoming Future of Insurance Canada 2022 (September 13-14, Toronto).

Key Points: 
  • London, United Kingdom--(Newsfile Corp. - August 9, 2022) - Reuters Events has officially released the final agenda for the upcoming Future of Insurance Canada 2022 (September 13-14, Toronto).
  • Industry disruptions have not slowed down - so carriers need to speed up.
  • Join Reuters Events: The Future of Insurance Canada 2022 to thrive in the new norm of continuous disruption.
  • Speakers include CEOs, COOs, EVPs and Presidents of Canada's largest insurance companies - Desjardins, The Co-operators, Aviva Canada, Definity, Manulife, Blue Cross, Lloyd's Canada, Sun Life, TD Insurance, Empire Life, Gore Mutual, Everest, Allstate Canada, Westland Insurance and more.

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

Retrieved on: 
星期四, 八月 4, 2022

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: 
星期二, 八月 2, 2022

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.

State of North Carolina and Empower Partner to Deliver Retirement Services to State Employees

Retrieved on: 
星期二, 七月 26, 2022

The State of North Carolina Supplemental Retirement Board of Trustees recently approved a five-year contract extension with Empower.

Key Points: 
  • The State of North Carolina Supplemental Retirement Board of Trustees recently approved a five-year contract extension with Empower.
  • We are so pleased that the State of North Carolina has chosen Empower to support more than 300,000 government employees throughout the state.
  • The North Carolina Supplemental Retirement Plans (NC Plans) are managed by the North Carolina Department of State Treasurer and the Supplemental Retirement Board of Trustees (Board) with Treasurer Dale R. Folwell, CPA, serving as the board chair.
  • Empower Retirement refers to the products and services offered by GWLA and its subsidiaries, including Empower Retirement, LLC.

Sunlife Financial, Lloyd's Canada and The Co-operators on Overcoming Limits to Innovation

Retrieved on: 
星期六, 七月 23, 2022

London, United Kingdom--(Newsfile Corp. - July 22, 2022) - Canadian insurers today are gearing up for a future of unpredictable change.

Key Points: 
  • London, United Kingdom--(Newsfile Corp. - July 22, 2022) - Canadian insurers today are gearing up for a future of unpredictable change.
  • From the talent drain and technology influx to rising customer expectations and innovative partnerships, the insurance landscape is full of uncertainty, but also opportunity.
  • Why and how do traditional mindsets towards innovation impact change within the Canadian insurance space?
  • What new trends do you think Canadian insurers should expect in the next 5 years?

State of Wisconsin Recommits to Partnership with Empower

Retrieved on: 
星期四, 七月 21, 2022

Empower announced today that the State of Wisconsin Deferred Compensation Board under the Department of Employee Trust Funds has renewed its Wisconsin Deferred Compensation Program (WDC) supplemental retirement savings plan contract with Empower totaling $6 billion in assets.2 The partnership began in 2005.

Key Points: 
  • Empower announced today that the State of Wisconsin Deferred Compensation Board under the Department of Employee Trust Funds has renewed its Wisconsin Deferred Compensation Program (WDC) supplemental retirement savings plan contract with Empower totaling $6 billion in assets.2 The partnership began in 2005.
  • We have hundreds of Empower associates who also live and work in Wisconsin.
  • Many of them have children, spouses, parents, and grandparents who work or have worked for state and local government entities in Wisconsin who depend on Empower, so for us, its a very personal relationship as well, said Rich Linton, president and chief operating officer, Empower.
  • Empower Retirement refers to the products and services offered by GWLA and its subsidiaries, including Empower Retirement, LLC.

NORTH AMERICAN FINANCIAL 15 SPLIT CORP. Regular Monthly Dividend Declaration for Preferred Share

Retrieved on: 
星期三, 七月 20, 2022

TORONTO, July 20, 2022 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.05625 for each Preferred share ($0.675 annually).

Key Points: 
  • TORONTO, July 20, 2022 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.05625 for each Preferred share ($0.675 annually).
  • Distributions are payable August 10, 2022 to shareholders on record as at July 29, 2022.
  • There will not be a distribution paid to the Class A Shares for July 29, 2022 as per the Prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $15.00.
  • Since inception Class A shareholders have received a total of $15.70 per share and Preferred shareholders have received a total of $9.67 per share inclusive of this distribution, for a combined total of $25.37.

FINANCIAL 15 SPLIT CORP. Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
星期三, 七月 20, 2022

TORONTO, July 20, 2022 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.05625 for each Preferred share ($0.675 annually).

Key Points: 
  • TORONTO, July 20, 2022 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.05625 for each Preferred share ($0.675 annually).
  • Distributions are payable August 10, 2022 to shareholders on record as at July 29, 2022.
  • Since inception Class A shareholders have received a total of $22.92 per share and Preferred shareholders have received a total of $10.15 per share inclusive of this distribution, for a combined total of $33.07.
  • Financial 15 invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

Great-West Lifeco to release second quarter 2022 financial results

Retrieved on: 
星期四, 七月 14, 2022

Conference call to be held Thursday, August 4, 2022

Key Points: 
  • Conference call to be held Thursday, August 4, 2022
    WINNIPEG, MB, July 14, 2022 /CNW/ - Great-West Lifeco will release its second quarter 2022 financial results after markets close on Wednesday, August 3, 2022.
  • The results will be discussed in a conference call and webcast hosted by company management at 2:30 pm ET on Thursday, August 4, 2022.
  • A replay of the conference call will be available until September 4, 2022 by calling 1-855-669-9658 or 604-674-8052 (Vancouver) using the access code 9170.
  • Great-West Lifeco is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses.

Empower Achieves $62 Billion in Organic Retirement Plan Sales During First Half Of 2022

Retrieved on: 
星期五, 七月 8, 2022

Empower, the nations second largest retirement plan provider,1 has achieved $62 billion in retirement plan sales in 2022.

Key Points: 
  • Empower, the nations second largest retirement plan provider,1 has achieved $62 billion in retirement plan sales in 2022.
  • Empower has achieved significant new client mandates through its partnership with retirement plan advisors through its Advisor Managed Account offering.
  • The new sales represent an expanded footprint in the retirement plan services market for Empower which completed the acquisitions of the Mass Mutual and Prudential retirement plan businesses in December 2020 and April 2022, respectively.
  • Empower Retirement refers to the products and services offered by GWLA and its subsidiaries, MassMutual legacy business, Empower Retirement, LLC.