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GWL earnings surge in Q4 | Advisor's Edge


Staff
Winnipeg-based Great-West Lifeco Inc.’s (GWL) earnings surged in the fourth quarter, the company announced on Wednesday.
GWL reported net earnings attributable to common shareholders of $912 million in Q4, up from $513 million a year ago and $826 million the previous quarter.
On Dec. 31, GWL subsidiary Great-West Life & Annuity, through its Empower Retirement business, closed its US$2.3-billion acquisition of Massachusetts Mutual Life Insurance Company (MassMutual), making Empower Retirement the second-largest retirement services provider in the U.S. based on assets under administration.
GWL’s assets under administration were $2 trillion at the end of Q4, up 21% from a year ago thanks in large part to the MassMutual acquisition. ....

Paul Mahon , Mackenzie Financial Corporation , Asset Management Group Ltd , Canada Life Investment Management Ltd , Massachusetts Mutual Life Insurance Company Massmutual , Great West Life , Empower Retirement , Massachusetts Mutual Life Insurance Company , Management Group , Canada Life Investment Management , பால் மஹோன் , மெக்கன்சி நிதி நிறுவனம் , சொத்து மேலாண்மை குழு லிமிடெட் , கனடா வாழ்க்கை முதலீடு மேலாண்மை லிமிடெட் , மாசசூசெட்ஸ் பரஸ்பர வாழ்க்கை காப்பீடு நிறுவனம் வெகுஜன , நன்று மேற்கு வாழ்க்கை , அதிகாரம் ஓய்வு , மாசசூசெட்ஸ் பரஸ்பர வாழ்க்கை காப்பீடு நிறுவனம் , மேலாண்மை குழு , கனடா வாழ்க்கை முதலீடு மேலாண்மை ,

Dealers pursue strategic partnerships to offer alternative investments to clients


Ian Russell
In recent years, investment dealers have invested in technology in the face of increased competition, regulatory pressures and shifting customer expectations. The Covid-19 pandemic accelerated digital transformation by three to seven years, according to some estimates, as firms and their advisors adopted tech-driven tools and processes to serve clients remotely.
This transformation allowed advisors to continue finding the right financial products and services for clients, nurturing relationships and supporting anxious investors, and meeting the increased demand for more personalized, tailored advice, especially with estate, insurance and retirement planning. Focus also increased on building an active social media presence to improve client loyalty and find new clients. ....

Mackenzie Financial Corporation , Greenchip Financial Corp , Nicola Wealth , Blackwood Partners , Ontario Capital Markets Modernization Taskforce , Investment Scheme , மெக்கன்சி நிதி நிறுவனம் , நிகோலா செல்வம் , பிளாக்வுட் கூட்டாளர்கள் , முதலீடு திட்டம் ,