Manulife Financial today announced an agreement to acquire independent financial planning firm Wellington West Financial Services Inc., from National Bank Financial Group. The deal will add 39 financial advisors and approximately $900 million in assets under administration to Manulife Securities.
Manulife Asset Management has obtained a cross-border investment advisory licence in Korea and has hired Peter Kim, managing director, head of institutional sales, Korea, to bring forth the company’s global expertise in traditional and alternative asset classes to institutions in the country.
Manulife’s Canadian Division is undergoing some restructuring.
Manulife Financial Corp. showed a $1.2-billion profit in the first quarter of 2012—a 22% jump from the comparable period of 2011 and a sharp contrast to the $69-million loss it reported in the fourth quarter.
Manulife Asset Management has revamped its website, manulifeAM.com. The firm says the redesign will help to strengthen brand identity and better serve institutional investors and consultants.
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 […]