Canada Life closes Value Partners acquisition

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[{"type":"text","content":"\n \n \n \n Canada Life closes Value Partners acquisition\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n WINNIPEG, MB\n \n \n ,\n \n \n Sept. 8, 2023\n \n \n /CNW/ - The Canada Life Assurance Company (Canada Life), a subsidiary of Great-West Lifeco Inc. (Lifeco), has completed the previously announced acquisition of Value Partners Group Inc. (Value Partners). Value Partners includes Value Partners Investment Counsel, Value Partners Investments and LP Financial Planning Services Ltd.\n \n \n \n \n \n \n \n \n \n \"The acquisition of Value Partners accelerates our efforts to build\n \n Canada's\n \n leading wealth management platform for independent advisors and their clients,\" said Jeff Macoun, President and Chief Operating Officer, Canada Life. \"Value Partners is an excellent complement to our existing business, adding capabilities that strengthen our offering.\"\n \n \n For additional details on this transaction, please refer to the\n \n news release dated\n \n June 13, 2023\n \n \n .\n \n \n \n About Great-West Lifeco Inc.\n \n \n \n Great-West Lifeco is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses. We operate in\n \n Canada\n \n ,\n \n the United States\n \n and\n \n Europe\n \n under the brands Canada Life, Empower, Putnam Investments, and\n \n Irish Life\n \n .  At the end of 2022, our companies had approximately 31,000 employees, 234,500 advisor relationships, and thousands of distribution partners – all serving our more than 38 million client relationships across these regions. Great-West Lifeco trades on the Toronto Stock Exchange (TSX) under the ticker symbol GWO and is a member of the Power Corporation of\n \n Canada\n \n group of companies. Learn more by visiting\n \n greatwestlifeco.com\n \n .\n \n \n \n About The Canada Life Assurance Company\n \n \n \n The Canada Life Assurance Company is an international company providing insurance, wealth management, and he...

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