A news report that state regulators in the United States are investigating accounting practices regarding investments made by Manulife’s U.S. division is completely erroneous, Manulife Financial Corp. said Thursday.The company said it has not been advised by any regulators — and has no reason to believe — that any of its accounting practices are being […]
Maintains negative outlook
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 […]
Advisors can sign up clients now
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