Great-West Lifeco Inc at Barclays Global Financials New York Conference (Virtual) Transcript

Sep 16, 2020 / 02:30PM GMT

Release Date Price: €16.7 (+0.60%)

Transcript

John Aiken

Barclays Bank PLC, Research Division - Director & Senior Analyst

Well, good morning, ladies and gentlemen. Very pleased to welcome back Garry MacNicholas, Chief Financial Officer of Great-West Lifeco. Garry, thanks for joining us again. Unfortunately, it's not live this time, but I guess this is what we have to do these days.

Before we start, just wanted to mention to everyone online that if you do have any questions for Garry, please e-mail me, [email protected], and we'll do my best to squeeze in your questions even though I've got a fairly lengthy list of my own.

Questions & Answers

John Aiken

Barclays Bank PLC, Research Division - Director & Senior Analyst

Garry, I wanted to start off with what is obviously most topical for Great-West right now, your acquisition of MassMutual's Retirement Services business. I mean this is, well, not absolutely massive. This does appear to be a very significant event for Empower. Can you expand upon what your strategic rationale or your thinking was behind this? And what does

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