Nov 30, 2020 / 05:00PM GMT
Tom MacKinnon - BMO Capital Markets Equity Research - MD & Analyst
Good afternoon. Good afternoon, everyone. I'm Tom Mackinnon with BMO Capital. And this afternoon, we're happy to have Paul Mahon, who's the CEO of Great-West Lifeco for a virtual fireside chat. Good afternoon, Paul.
Paul Anthony Mahon - Great-West Lifeco Inc. - President, CEO & Director
Good afternoon, Tom. Glad to be with you this afternoon.
Questions and Answers:
Tom MacKinnon - BMO Capital Markets Equity Research - MD & AnalystYes, great. So let's start with -- we're going to go through some questions. And so let's start with really the obvious topic of discussion, and that's what you've done lately, spending over $5 billion on Personal Capital, MassMutual's defined contribution recordkeeping business. Maybe just tell us what is the strategy behind this.
Paul Anthony Mahon - Great-West Lifeco Inc. - President, CEO & Director
Happy to start there, Tom. And obviously, it's been a key
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