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06.11.25 - 15:48
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Empower Reports Record Base Earnings of $317M for Third Quarter 2025 (Business Wire)
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Base earnings up 10% year over year; continued expansion across retirement and wealth units
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Empower today announced after-tax base earnings of $317 million for the third quarter of 2025, a 10% increase from the same period in 2024. Empower growth was driven by new client acquisition, strong retirement plan sales, and significant momentum across Empower's expanding wealth and benefits platforms.
Empower Personal Wealth™ net flows improved by 43% to $3.4 billion compared to a year ago, primarily from strong sales and higher client and asset retention.
Empower's Workplace Solutions business generated $30 billion in net plan inflows in Q3 2025, relative to the expectation of $25 billion for the second half of 2025 announced earlier this year.
The company's results were released alongside those of parent company Great-West Lifeco Inc. (TSX: GWO). Full Q3 financials are available at greatwestlifeco.com.
“Empower's strong performance and expansion across our ret...
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