Insurer estimates Q4 loss of $1.5 billion
Noteholders of John Hancock Canadian Corp. (JHCC) have approved certain amendments to the trust indenture governing the company’s 6.672% Senior Unsecured Notes due May 31, 2011 and to the trust indenture governing its 6.496% Senior Unsecured Notes due Nov. 30, 2011, Manulife Financial Corp. announced Monday.The indenture amendments will permit the wind-up of JHCC into […]
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Insurer obtains $3 billion loan financing from banks
Insurer to take $250 million hit from credit losses
Shifting your mindset to product allocation from asset allocation can be a complex undertaking, but it is precisely the reason why Toronto-based Manulife Financial Corp. developed its Retirement Solutions Centre. The new Web site, which launched at the end of September, aims to teach financial advisors about the concept of product allocation and how it […]
The initiative is a statement that product allocation, rather than asset allocation, is how advisors should examine their clients’ holdings
IncomePlus now provides greater bonuses, lower investment minimum and timeline of when withdrawals can begin
Manulife Financial’s Canadian Individual Wealth Management Operations, which serves Manulife Investments and Manulife Securities International businesses, has been recognized for outstanding achievements in quality.The National Quality Institute (NQI) will present the 2008 Canada Awards for Excellence Silver recognition for Quality to Manulife at an annual gala dinner to be held October 20, in Toronto.“We are […]
MFC’s Guloien to succeed D'Alessandro