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"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."
Organizations have an opportunity to help their employees meet shifting goals during this period of financial uncertainty.
Empower Retirement earned the highest number of “Best in Class” ratings from its customers in an annual survey from PlanSponsor Magazine that gauges employers’ satisfaction with their retirement plan providers.
How inclusionary practices can empower traditionally underrepresented investors to save more for retirement.
Financial market perspective and relief programs
1 As of January 4, 2021.
2 As of January 4, 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 December 31, 2020. 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 $971.6B. AUA is a non-GAAP measure and does not reflect the financial stability or strength of a company. GWLA’s statutory assets total $75.1B and liabilities total $72.9B. GWLANY statutory assets total $3.6B and liabilities total $3.4B.
4 Estimated assets after both the acquisition of the MassMutual retirement business and recent 1Q21 plan conversions.