Empower Retirement Investor Day showcases strategies for growth

About this update from Great-west Lifeco Inc.

[{"type":"text","content":"\n \n \n \n Empower Retirement Investor Day showcases strategies for growth\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.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.67em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Great-West Lifeco also unveils medium-term financial objectives\n \n \n \n \n TSX:GWO\n \n \n \n \n WINNIPEG, MB\n \n ,\n \n June 8, 2021\n \n /CNW/ - Today, Great-West Lifeco Inc. (TSX: GWO) hosts a virtual Investor Day focused on the strategic priorities and growth opportunities for Empower Retirement, a U.S. subsidiary that has achieved a leading position in the market for retirement services through sustained organic growth and strategic acquisitions. Great-West Lifeco is also announcing medium-term financial objectives.\n \n \n \n \n \n \n \n \n \n \"We're very excited about Empower as a key part of the Great-West Lifeco growth story. With a strong track record of execution, we expect the integration of recent acquisitions to unlock further value-creating potential at Empower,\" says\n \n Paul Mahon\n \n , President and CEO of Great-West Lifeco.\n \n \n \"We're also announcing medium-term financial objectives of base EPS growth of 8-10% per year, base return on equity of 14-15% and strong cash generation for Great-West Lifeco. We're confident in our ability to achieve these medium-term financial objectives, which are underpinned by growth-oriented investments across our businesses as well as significant benefits expected from the capital deployed on the Personal Capital and MassMutual transactions.\"\...

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