Manulife Asset Management has named two new managing directors on its Canadian institutional sales team: Mark K. Bandola and Les J. Young.
Manulife Financial has announced the resignation of its chief financial officer, Michael Bell.
Manulife Financial is the latest organization to speak out in favour of Canada’s proposed pooled registered pension plan (PRPP) legislation.
Manulife Financial’s web-based Health Service Navigator feature is now available free-of-charge to those who hold health insurance and critical illness insurance through Manulife’s Affinity Markets. The online portal provides users with news and tools to assist them in navigating the Canadian healthcare system, including a health screening guide, community support groups, a health and drug […]
Manulife Financial Group Benefits has launched a suite of services to address the needs of employers dealing with incidences of workplace injury. Occupational Management Services will offer an integrated workplace injury and disability benefits program aimed at simplifying the processing and management of workers’ compensation claims, which totalled $11 billion across Canada in 2010. “Managing […]
Manulife Financial has launched Health Management Services, a new service to help plan sponsors manage their benefits costs. The new service offers employers a “unique and practical solution that takes the traditional approach of promoting employee health and wellness two steps further,” according to a release from the company. Health Management Services creates an analysis […]
State Street Corp. has been appointed by Manulife Asset Management Ltd. of Toronto to provide investment services for Manulife Asset Management Pooled Funds and Manulife Canadian Real Estate Funds totalling $2.2 billion in assets. State Street will provide custody, investment accounting, financial reporting, transfer agency and record keeping for Manulife Asset Management’s 26 pooled funds, […]
Peter Bethlenfalvy has joined Manulife Financial in the role of senior vice-president, financial regulations. He will be responsible for strategy and monitoring of financial regulatory systems throughout the world. “We are delighted to have Peter join Manulife,” said Michael W. Bell, senior executive vice-president and chief financial officer. “His global financial expertise and strong capital […]
Manulife Financial Corp. has announced significant progress on its goal of reducing its underlying earnings sensitivity to equity market and interest rate movements in the fourth quarter of 2010. Manulife has a goal of executing additional hedges so that approximately 60% of its underlying earnings sensitivity to equity market movements is hedged by the end […]
Manulife Financial Corp. is hosting its annual Institutional Investor Day in Toronto today, where Manulife senior management will present Manulife’s strategic direction and objectives to increase net income to $4 billion in 2015 and improve return on common shareholders’ equity (ROE) to 13% by 2015. Over the past several quarters Manulife has been repositioning its […]