Power Financial Corporation (PWF-PZ.TO) TSX

23.14

+0.05(+0.22%)

Updated at October 03 01:04PM

Currency In CAD

Power Financial Corporation

Address

751 Victoria Square

Montreal, QC H2Y 2J3

Canada

Phone

514-286-7430

Sector

Financial Services

Industry

Insurance - Life

Employees

28400

First IPO Date

May 26, 2017

Key Executives

NameTitlePayYear Born
Mr. Robert Jeffrey OrrPresident, Chief Executive Officer & Director5.14M1959
Mr. Denis Le Vasseur C.A., C.P.A., FCPAVice President & Controller0N/A
Mr. Stéphane LemayVice President, General Counsel & Secretary01968
Mr. Jake Paul LawrenceExecutive Vice President & Chief Financial Officer01977

Description

Power Financial Corporation operates as an international management and holding company with interests in financial services and asset management businesses in Canada, the United States, and Europe. It offers life, disability, critical illness, accidental death, dismemberment, dental protection, creditor, and health insurance; retirement and investment management; and reinsurance and retrocession; and investment advisory, financial planning, and related services, as well as wealth savings and income products, and specialty products. The company also provides employer-sponsored defined contribution plans, individual retirement accounts, enrollment services, communication materials, investment options and education services, fund management services, and investment and advisory services. In addition, it offers private label record keeping and administrative services; investment products, such as equity, fixed income, absolute return and alternative strategies, hedge fund, and model-based separately managed accounts and portfolios; and protection and wealth management products, such as payout annuities, equity release mortgages, life bonds, retirement drawdown, and pension, as well as securities, mortgages, and other financial services; and private equity, and debt and thematic funds. Further, the company holds interests in various businesses, such as mineral-based specialty solutions; testing, inspection, and certification; cement, aggregates, and concrete; wines and spirits; sporting goods design and distribution; materials technology and recycling of precious metals; food and beverage; disposable hygiene products; Atlantic salmon; customer experience and business process outsourcing; developer and publisher of mobile games; and regional leisure parks. Additionally, it operates a digital investing platform. The company was founded in 1984 and is based in Montréal, Canada. Power Financial Corporation is a subsidiary of Power Corporation of Canada.