Investor Presentaiton
GREAT-WEST
U.S.
EMPOWER Putnam LIFECO
RETIREMENT
INVESTMENTS
Invest for significant organic growth and consolidation opportunities
Great-West Financial1
Empower Retirement
Competes in the U.S. retirement market focused
on defined contribution (DC) plans
• 9.2M participants, 39K plans, AUA US$640B
Growth rate of 3x the industry in 2018²
Serves all segments of the employer-sponsored
retirement plan market: government, corporate,
non-profit, private-label recordkeeping, and IRAs
❖ Strong position in government sector and gaining
share across core and large segments
Technology and transformation project underway
to reduce costs and enhance customer
experience
Strategy focused on organic and inorganic growth
* Longer-term strategy is to work directly with
consumers outside of retirement plans
Great-West Investments
Offers retirement-focused products to Empower
customers
Note: AUA, AUM, and participants as of June 30, 2019.
1.
2.
The Great-West Financial brand is being retired; Empower Retirement will be used moving forward
Based on participant growth, 2018 RRI for industry growth rate
Putnam Investments
Retail mutual funds and institutional asset
management; AUM of US$175B
Offers a broad range of investment products,
including equity, fixed-income, absolute return
and alternative strategies
Putnam continues to sustain strong mutual fund
investment performance relative to peers (as of
June 30, 2019):
-
90% and 77% of fund assets performed
above the Lipper median on a three- and
five-year basis, respectively
74% of fund assets performed in the Lipper
top quartile on a three-year basis
Distributed through broker dealers, financial
planners, registered investment advisors and
other financial institutions
INC.
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