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Putnam Investments is a subsidiary of Franklin Templeton Investments that offers mutual funds, retirement plans and 401 (k)s. It was founded in 1937 by George Putnam and faced several controversies and lawsuits over improper trading and asset management.
Empower is a subsidiary of Great-West Lifeco that offers retirement plan services to individuals and organizations. It was created in 2014 by combining the record-keeping businesses of Great-West Life, JPMorgan Chase, and Putnam Investments.
Thomas H. Lee Partners is a private equity firm based in Boston, founded in 1974 by Thomas H. Lee. The firm invests in middle market growth companies across various sectors, such as financial technology, services, healthcare, and business solutions.
Learn how to log in to your MyBenefits account and access your AOL plan features, such as security, support, and identity protection. Find answers to common questions and issues related to AOL plans, payment methods, and account management.
After the merger into Canada Life, employees of the merged companies will work from company's five main offices in Winnipeg, London, Toronto, Montreal and Regina, with no cuts to employment. [27] On May 31, 2023, Great-West Lifeco announced that Franklin Templeton Investments would acquire Putnam Investments for $925 million.
A stable value fund is a low-risk investment option in 401 (k) plans and other defined contribution plans. It offers principal preservation, predictable returns, and a rate higher than money-market funds, by using contracts from banks and insurance companies to smooth out interest rate volatility.
Franklin Templeton Investments is a global investment firm founded in 1947 and listed on the NYSE as BEN. It offers mutual funds, exchange-traded funds, index funds, retirement planning and asset management services under various brands.
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