Empower Achieves Record $1 Billion (CAD) Base Earnings in 2023
Empower today announced that it has entered its tenth year of operations with record earnings achieved through sustained business growth and sales momentum.
- Empower today announced that it has entered its tenth year of operations with record earnings achieved through sustained business growth and sales momentum.
- The firm’s full-year after-tax base earnings1,2 in 2023 were $749 million (US) or $1 billion (CAD).
- Empower, a leading provider of retirement and wealth management services, released results as part of a broader quarterly announcement by its parent company, Winnipeg-based Great-West Lifeco (TSX: GWO-CA).
- AUA1 was $72 billion, up 31% over the prior year as a result of both strong net inflows and positive markets.