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Empower Retirement named to InvestmentNews’ 2020 Excellence in Diversity and Inclusion

Sep 1, 2020
Press Release

GREENWOOD VILLAGE, Colo., Sept.1, 2020 – Empower Retirement has been recognized by InvestmentNews as a 2020 Excellence in Diversity and Inclusion Awards finalist.

Empower, the nation’s second largest retirement plan provider,1 along with 14 other firms, has been chosen from more than 120 nominations by a committee of InvestmentNews representatives and judges from the advice business. The firms are recognized for their ability to inspire others from diverse backgrounds to join, flourish and bring their true selves to work in the financial services industry.

This is the third annual InvestmentNews Excellence in Diversity and Inclusion recognition program. It aims to tell the story of individuals and firms using their success, leadership skills, and willingness to implement and advocate for diversity and inclusion within the financial advisory industry.

“The focus on diversity and inclusion (D&I) is not new to Empower Retirement; however, the recent examples of racial injustice in our society are a stark reminder that we need to continue building on what we have in place to positively impact our associates, clients and communities,” said Edmund F. Murphy III, Empower Retirement President and CEO.

Empower, along with the other firms and individuals making the third annual Excellence in Diversity and Inclusion list, is highlighted in the Aug. 31 issue of InvestmentNews and online at DandIIN.com.

“The initiatives highlighted by these honored firms serve as examples of what businesses within the financial advice industry should be striving for when it comes to creating a diverse and inclusive culture,” said Liz Skinner, special projects editor of InvestmentNews.

To learn more about Empower and the other 2020 winners and finalists, go to DandIIN.com for more information.

About Empower Retirement

Headquartered in metro Denver, Empower Retirement administers $680 billion in assets for more than 9.7 million retirement plan participants as of June 30, 2020.2 It is the nation’s second-largest retirement plan recordkeeper by total participants.1 Empower serves all segments of the employer-sponsored retirement plan market: government 457 plans; small, midsize and large corporate 401 (k) clients; non-profit 403 (b) entities; private-label recordkeeping clients; and IRA customers. For more information please visit empower-retirement.com and connect with us on Facebook, Twitter, LinkedIn and Instagram.

Media Contacts:

Stephen Gawlik – 303.737.0899 (office), 617.417.4408 (cell)

Monica Mendoza – 303.737.2626 (office), 719.373.2460 (cell)

Learn More:

To learn more about how we’re empowering plan sponsors and their participants to be more engaged in their retirement plans than ever before, call us at 800-719-9914.

1Pensions & Investments 2020 Defined Contribution Survey Ranking as of April 2020.

2As of June 30, 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. Of the total assets under administration (AUA), $1.68B represents the AUA of GWLANY. AUA is a non-GAAP measure and does not reflect the financial stability or strength of a company. GWLA statutory assets total $50.1B and liabilities total$48.8B. GWLANY statutory assets total $1.68B and liabilities total$1.57B.

Securities offered and/or distributed by GWFS Equities, Inc., Member FINRA/SIPC. GWFS is an affiliate of Empower Retirement, LLC; Great-West Funds, Inc.; and registered investment adviser, Advised Assets Group, LLC. Investing involves risk, including possible loss of principal. This material is for informational purposes only and is not intended to provide investment, legal or tax recommendations or advice. RO1319166-0920

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Securities offered and/or distributed by GWFS Equities, Inc., Member FINRA/SIPC. GWFS is an affiliate of Empower Retirement, LLC; Great-West Funds, Inc.; and registered investment adviser, Advised Assets Group, LLC. Investing involves risk, including possible loss of principal. This material is for informational purposes only and is not intended to provide investment, legal or tax recommendations or advice.

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Insurance products are issued by or offered through Great-West Life & Annuity Insurance Company, Corporate Headquarters: Greenwood Village, CO; or in New York, by Great-West Life & Annuity Insurance Company of New York, Home Office: New York, NY. Guarantees are subject to the terms and conditions of the contract and the claims-paying ability of the insurer.

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