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Company: Great-West Lifeco Inc.

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Company earned $657 million, down from $731 million the same time last year

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Executive says advisors will have a more simplified experience

The company says the move will unite 11,000 employees across Canada

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The sale will not affect the firm’s Canadian life insurance businesses

  • By: IE Staff
  • January 24, 2019 July 10, 2019
  • 10:45
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Paul Finkbeiner will provide leadership as the insurer builds out its global real estate investment business for third-party investors

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Jeff Macoun named president and COO, Canada

The transaction is not material to GWL’s financial results

  • By: IE Staff
  • August 9, 2018 July 10, 2019
  • 09:59
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Strong performances from GWL, Putnam Investments and IGM Financial resulted in net earnings of $658 million in Q2

The firm benefited from a $60-million after-tax gain from the restructuring of U.S. financing as a consequence of U.S. tax reform and the refinancing of some debt

Cliffs of Ireland

GWL subsidiary Irish Life to acquire strategic investment in Invesco Ireland