Michelle Schriver
Winnipeg-based Great-West Lifeco Inc. (GWL) reported “solid” first-quarter earnings this week, and subsidiary Canada Life spoke to Advisor.ca about the rationale behind a recent distribution change that affects advisors.
GWL’s net earnings were $707 million, or $0.76 per common share, for the first quarter of 2021 compared with $342 million, or $0.37 per common share, for the same quarter last year, the firm reported. Net earnings in the previous quarter were $912 million, or $0.98 per common share.
Base earnings for the first quarter of 2021 were $739 million, or $0.80 per common share, compared with $543 million or $0.59 per common share a year ago. The results compared with $741 million, or $0.80 per common share, the previous quarter.
Michelle Schriver
Winnipeg-based Great-West Lifeco Inc. (GWL) reported “solid” first-quarter earnings this week, and subsidiary Canada Life spoke to InvestmentExecutive.com about the rationale behind a recent distribution change that affects advisors.
GWL’s net earnings were $707 million, or $0.76 per common share, for the first quarter of 2021 compared with $342 million, or $0.37 per common share, for the same quarter last year, the firm reported. Net earnings in the previous quarter were $912 million, or $0.98 per common share.
Base earnings for the first quarter of 2021 were $739 million, or $0.80 per common share, compared with $543 million or $0.59 per common share a year ago. The results compared with $741 million, or $0.80 per common share, the previous quarter.
Winnipeg Free Press
Conquest s financial planning software adopted by IG Wealth with Canada Life on deck
RUTH BONNEVILLE / WINNIPEG FREE PRESS
Mark Evans, head of Winnipeg financial planning software company Conquest Planning Inc. Conquest’s team has grown from 25 to 50 over the past year.
A month before the pandemic was official, Conquest Planning Inc. announced that it had raised $3 million from venture capital funds, including from the Power Corp.-backed Portag3 Ventures.
A month before the pandemic was official, Conquest Planning Inc. announced that it had raised $3 million from venture capital funds, including from the Power Corp.-backed Portag3 Ventures.