Markets have been rattled by the most recent Greek drama unfolding as negotiations over another bailout have stalled. If, as seems increasingly likely, Greece defaults and exits the Eurozone, the ramifications for the world economy should be fairly modest.
Last April, Great-West Financial announced a merger with Putnam Investments, and days later the company acquired JP Morgan Retirement Services.
Today, Great-West has clarified its moves with the announcement of one unified brand, Empower Retirement (www.empower-retirement.com).
Great-West assumes the new name effective immediately. Empower is now the second largest retirement services provider in the United States.