Morgan Stanley is expanding its partnership with Denver-based Empower Retirement, a large record keeper, to offer a wider array of services in its adviser-sold plans for businesses with retirement plan assets under $50 million. Through its Morgan Stanley at Work ...

Great-West Life & Annuity Insurance Co. and its Empower Retirement unit have filed a lawsuit against Empower Geographics Inc. and its president for threatening to sell the empower.com domain to Empower Retirement’s competitors “and professional cybersquatters.” According to a suit ...

Record-keeper consolidation is happening even faster than predicted, in part because of the recent Empower buying spree, which continued recently with its purchase of Prudential’s retirement business. But what does that mean for both specialist and generalist retirement plan advisers? ...

Empower Retirement’s massive deal announced today to buy Prudential’s retirement plan business marks the second major acquisition the company has made in less than a year. Last year, the Greenwood Village, Colorado-based plan provider picked up MassMutual’s defined-contribution business via ...

Empower Retirement has reached a deal to buy Prudential’s retirement plan business, the companies announced Wednesday. Empower will pay $3.55 billion for the business, along with $2.1 billion to support it, with the latter coming from Prudential Retirement’s balance sheet ...

Adviser managed accounts at Empower Retirement have surpassed $1.5 billion in assets and are being used by more than 500 plans and 14 advisory firms, the company said in a release. Empower created the adviser managed account program in 2019. ...