Empower Retirement to acquire
Prudential Financial retirement business
Discover opportunities for your financial future
Putting your financial goals first is a key part to achieving the future you want. From personalized advice, low fees and discounts, a loyalty program and more, we can help you get there.
Check out our newly launched national TV commercial
“Empower is taking the next step toward addressing the complex and evolving needs of millions of workers and retirees. We are excited about the opportunity to reach new customers and serve even more Americans on their journey toward creating a secure retirement.”
The acquisition will add expertise, technological sophistication and an expanded product portfolio to benefit retirement savers and employers.
Overall, nearly 70% of Americans are expected to pack their bags and travel to a domestic or international location this season. Follow these simple steps to get ready and save money on your upcoming trip.
Since its launch in 2019, the Empower Advisor Managed Accounts offering has surpassed $1.5 billion in assets and is in use by more than 500 plans and 14 advisory firms.
1 As of March 31, 2021.
2 As of March 31, 2021. Individuals and organizations refers to all retirement business of Great-West Life & Annuity Insurance Company and its subsidiaries and affiliates, including Great-West Life & Annuity Insurance Company of New York marketed under the Empower Retirement brand.
3 As of March 31, 2021. Information refers to the business of Great-West Life & Annuity Insurance Company and its subsidiaries, including Great-West Life & Annuity Insurance Company of New York and GWFS Equities, Inc. GWLA’s consolidated total assets under administration (AUA) were $1,065.8B. AUA is a non-GAAP measure and does not reflect the financial stability or strength of a company. GWLA’s statutory assets total $74.5B and liabilities total $72.5B. GWLANY statutory assets total $3.7B and liabilities total $3.5B.