Empower Retirement is a retirement plan record keeping company based in Denver, Colorado. Part of Great-West Life & Annuity Insurance Company, it is an indirect wholly owned subsidiary of Great-West Lifeco.
Empower is led by President Edmund F. Murphy III, who reports to Robert L. Reynolds, CEO and President of Great-West Financial.
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History
Empower was created in 2014 when Great-West Life combined the record keeping services of Great-West Financial, JPMorgan Chase, and Putnam Investments.
In 2016, Empower was named the Retirement Leader of the Year at the Mutual Fund Industry Awards.
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Products and services
Empower serves employer-sponsored retirement plans, including all sizes of corporate 401(k) plans, 403(b) plans for non-profits, as well as government 457 plans. Empower also provides a private-label record keeping service.
References
Source of the article : Wikipedia
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