Description

Great-West Lifeco Inc. is a financial services holding company deeply involved in life and health insurance, retirement and investment solutions, asset management, and reinsurance across Canada, the United States, and Europe. The company delivers a comprehensive portfolio of financial and benefit plan solutions tailored for individuals, families, businesses, and various organizations. Its offerings include a wide array of insurance products such as life, disability, critical illness, accidental death, dismemberment, health, dental, and creditor protection. Additionally, it provides retirement savings, income, annuity, and other specialized financial products, alongside employer-sponsored retirement programs, individual retirement and taxable brokerage accounts, supported by enrollment, communication, and educational resources. Great-West Lifeco also offers fund management, investment, and advisory services. Furthermore, the company supplies private-label recordkeeping and administrative support, and diverse investment products encompassing equity, fixed income, absolute return, and alternative strategies. Its extensive portfolio also includes wealth management and protection products like payout annuities and pension solutions, as well as reinsurance for life, annuity/longevity, mortgage surety, and property catastrophe risks. These products are marketed under prominent brand names such as Canada Life, Irish Life, Empower, Putnam Investments, and PanAgora. Distribution is achieved through a broad network of professionals including advisors, dealers, brokers, managing general agencies, financial institutions, consultants, third-party administrators, its own sales force, financial planners, employee benefit consultants, banks, and multi-tied agents. Established in Winnipeg, Canada, in 1891, Great-West Lifeco Inc. functions as a subsidiary of Power Financial Corporation.