Talk:Great-West Lifeco

Latest comment: 5 years ago by Central Midfielder in topic Proposed merge with Empower Retirement

IL&P

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i am removing the legal dispute on IL&P. It is now with the European Court of Justice. It appears - note the court is yet to make a judgement - but it seems that the acquisition of Irish Life by Great West was illegal. However the remedy would be financial compensation for the IL&P shareholders rather than a reversal of the sale. If so, this event is of little relevance for this article. The ECJ could take 18 months to two years to make a judgement. If the ECJ reverses the sale then this piece can be added back. ClemMacGána (talk) 08:39, 16 August 2014 (UTC)Reply

July 18, 2013 - Canadian subsidiary Canada Life Limited completed €1.3 billion takeover of Irish Life.,[1] which had an embedded value of €1.8 billion. This sale was challenged by the shareholders of Irish Life and Permanent.[2] The court hearing concluded on 13 February 2014. Judgement was reserved and on 15 August 2014 was referred to Europe.[3] [4] ClemMacGána (talk) 08:39, 16 August 2014 (UTC)Reply
  1. ^ Cite error: The named reference thirteenhalfreport was invoked but never defined (see the help page).
  2. ^ "PTSB shareholders take on minister". Irish Examiner. 20 January 2014. Retrieved 20 January 2014.
  3. ^ Hosford, Paul (15 August 2014). "Was it legal? High Court refers PTSB bail-out case to Europe". The Journal. Retrieved 16 August 2014.
  4. ^ Managh, Ray (15 August 2014). "Judge to seek EU ruling on bank shareholders' challenge". Irish Examiner. Retrieved 16 August 2014.

Merger proposal: The Great-West Life Assurance Company

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I'm proposing merging the linked article here since it doesn't seem notable outside of its parent corporation. The sole usable source there is for the sale of its US operations to Cigna; the other source is failing to connect for me and in any case seems to be a company listing. —Jeremy v^_^v Bori! 20:31, 7 February 2015 (UTC)Reply

The article is of more importance than it appears. Through purchases Great West Financial has become the 2nd or 3rd largest provider of 401(k)s in the U.S. GW is very evasive about who owns their financial services side. All I know is that an article in Morningstar Magazine cited "Great West, Empower and Putnam share a common parent."

This is important fiduciary information for plan sponsors. In addition, Empower (the investing management arm) does its best to get 401(k) plans into what they call the "Key" fund, as opposed to money markets and short term bonds. The Key is an unsecured loan to somebody (hard to find out who).

Given the amount of money Great West handles for Americans, I suggest this be moved from Low High Interest to High Interest — Preceding unsigned comment added by 24.240.185.186 (talk) 18:52, 14 March 2016 (UTC)Reply

Closed, given absence of support over 2.5 years. Klbrain (talk) 23:53, 15 September 2017 (UTC)Reply
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Proposed merge with Empower Retirement

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not enough separate information, better to keep with main company DGG ( talk ) 07:58, 25 April 2017 (UTC)Reply

    Y Merger complete. Klbrain (talk) 20:53, 6 October 2018 (UTC)Reply

Hey @DGG: and @Reb1981: Seems like Empower got a bunch of press after getting the naming rights for the Denver Broncos stadium. Think it's worthwhile to let them have their own page again? Central Midfielder (talk) 21:45, 18 October 2019 (UTC)Reply