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Sun Yung Tsu has been with Manulife Hong Kong for almost 63 years — and has no intention of retiring yet

  • By: Leah Golob
  • August 2, 2017 December 19, 2017
  • 10:40
APEXA platform launches after several delays

Applications for term life insurance up to $1 million without blood, urine and other biometric data is now available for those up to age 45

  • By: Leah Golob
  • July 13, 2017 December 14, 2017
  • 08:00
OSC to consider no-contest settlement with Manulife

Two Manulife dealer subsidiaries allegedly overcharged clients in fee-based accounts between 2005 and 2016

Street Capital appoints chief product and marketing officer

Roy Gori to succeed Donald Guloien

Gori, who currently oversees the firm’s business in Asia from Hong Kong, will relocate to Toronto to assume the new post effective June 5

Transition to shorter T+2 settlement now underway

Investors are also more confident in stocks and home ownership while less confident in investment properties, cash and fixed-income

Manulife confirms FINTRAC fined its banking unit $1.15 million last year

The penalty was significant as it was the first time FINTRAC has penalized a bank since it was given the authority to issue administrative monetary penalties in December 2008

Insurers experiencing big drop in sales this year

Sales of individual life insurance policies were considerably higher in Q4 and in 2016, overall, in advance of the new, more restrictive tax rules that kicked in on Jan. 1

The change will save the insurer money and attract more clients by making the application process faster

Court rules in favour of labour-sponsored venture fund against fund manager

The two class action lawsuits alleged that Manulife misrepresented the adequacy of its risk-management practices and failed to meet its disclosure obligations