Power Corporation oversees an insurance business through subsidiaries Great-West Lifeco and IGM Financial. Power also provides investment services that include asset management, wealth management, and alternative investments.
Power Corporation is not a chartered bank but rather a well‑established Canadian management and financial services holding company headquartered in Montreal. The company through its subsidiaries, provides insurance and retirement services, wealth and investment management, alternative asset platforms, and European industrial and financial holdings (via its subsidiary Pargesa).