John Hancock Financial

John Hancock Financial Opportunities Fund Portfolio Management Update

Monday, December 9, 2019 - 10:07pm

BOSTON, Dec. 9, 2019 /PRNewswire/ - John Hancock Advisers, LLC today announced an update to the portfolio management team for the John Hancock Financial Opportunities Fund (NYSE: BTO) (the "Fund"), a closed-end fund managed by John Hancock Advisers, LLC (the "Adviser") and subadvised by Manulife Investment Management LLP (the "Subadviser").

Key Points: 
  • BOSTON, Dec. 9, 2019 /PRNewswire/ - John Hancock Advisers, LLC today announced an update to the portfolio management team for the John Hancock Financial Opportunities Fund (NYSE: BTO) (the "Fund"), a closed-end fund managed by John Hancock Advisers, LLC (the "Adviser") and subadvised by Manulife Investment Management LLP (the "Subadviser").
  • Over the coming months she will continue to manage the portfolio and work closely with the investment team to ensure a smooth transition of management responsibility.
  • Portfolio managers Ryan Lentell and Susan Curry will continue to manage the Fund.
  • John Hancock is a division of Manulife Financial Corporation, a leading international financial services group that helps people achieve their dreams and aspirations by putting customers' needs first and providing the right advice and solutions.

John Hancock, Verily and Onduo Launch John Hancock Aspire, the First Life Insurance Solution Designed for Americans Living with Diabetes

Monday, October 28, 2019 - 9:00pm

BOSTON, Oct. 28, 2019 /PRNewswire/ - John Hancock announced John Hancock Aspire with Vitality, the first of its kind life insurance designed specifically for Americans living with diabetes, in collaboration with Verily , an Alphabet company, and Onduo .

Key Points: 
  • BOSTON, Oct. 28, 2019 /PRNewswire/ - John Hancock announced John Hancock Aspire with Vitality, the first of its kind life insurance designed specifically for Americans living with diabetes, in collaboration with Verily , an Alphabet company, and Onduo .
  • "At John Hancock, we believe in helping customers live longer, healthier lives, whether they're living with a chronic condition like diabetes, or not.
  • Vitality is the provider of the John Hancock Vitality Program in connection with policies issued by John Hancock.
  • Insurance products are issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA 02116 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595.

John Hancock Expands Apple Watch Program, Offers New Series 5 to Life Insurance Customers

Thursday, October 3, 2019 - 2:00pm

BOSTON, Oct. 3, 2019 /PRNewswire/ - John Hancock announced today it is expanding its Apple Watch program to include the new Apple Watch Series 5.

Key Points: 
  • BOSTON, Oct. 3, 2019 /PRNewswire/ - John Hancock announced today it is expanding its Apple Watch program to include the new Apple Watch Series 5.
  • In a recent survey of John Hancock Vitality members with Apple Watch, 84 percent stated they are motivated to exercise by their Apple Watch and 90 percent wear an Apple Watch seven days a week.
  • With the John Hancock Vitality Apple Watch program, policyholders can choose the Series 5 (40mm) or Series 3 (38mm), pay a $25 initial fee (plus tax), and get started.
  • Insurance products are issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA 02116 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595.

John Hancock Upgrades its Personalized Education Platform through My Learning Center to Motivate and Encourage Plan Participants to Prepare for Retirement

Tuesday, May 14, 2019 - 3:00pm

As participants interact with My Learning Center, they earn "badges" through a new gamification and rewards system.

Key Points: 
  • As participants interact with My Learning Center, they earn "badges" through a new gamification and rewards system.
  • ^Fifth annual financial stress survey, John Hancock Retirement Plan Services, Greenwald and Associates, June 2018.
  • *
    *John Hancock US Retirement consists of John Hancock Life Insurance Company (U.S.A.) (not licensed in New York), John Hancock Life Insurance Company of New York (licensed in New York), Valhalla, New York and John Hancock Retirement Plan Services, LLC.
  • Approximate unaudited figures for John Hancock Retirement Plan Services division, provided on a U.S. statutory basis.

Duke Energy enters into definitive agreement to sell minority interest in its commercial renewable energy portfolio to John Hancock

Wednesday, April 24, 2019 - 10:00pm

CHARLOTTE, N.C., April 24, 2019 /PRNewswire/ -- Duke Energy (NYSE: DUK) today announced that it has entered into a definitive agreement to sell a minority interest in a portion of its commercial renewable energy portfolio owned and operated by its affiliate, Duke Energy Renewables, to the John Hancock Infrastructure Fund ("JHIF") and John Hancock Life Insurance Company (U.S.A) (collectively, "John Hancock"), a division of Manulife Financial Corporation.

Key Points: 
  • CHARLOTTE, N.C., April 24, 2019 /PRNewswire/ -- Duke Energy (NYSE: DUK) today announced that it has entered into a definitive agreement to sell a minority interest in a portion of its commercial renewable energy portfolio owned and operated by its affiliate, Duke Energy Renewables, to the John Hancock Infrastructure Fund ("JHIF") and John Hancock Life Insurance Company (U.S.A) (collectively, "John Hancock"), a division of Manulife Financial Corporation.
  • The total enterprise value of this portion of Duke Energy's commercial renewable energy portfolio is approximately $1.25 billion (including proportional existing project-level debt).
  • As majority owner, Duke Energy remains committed to growing its commercial renewable energy business.
  • John Hancock will also have the right to acquire a minority interest in certain additional wind and solar projects in the future, providing a potential source of future growth capital to Duke Energy.

John Hancock Honored with Celent Model Insurer Award

Friday, April 12, 2019 - 2:00pm

BOSTON, April 12, 2019 /PRNewswire/ --Today, John Hancock Insurance Direct to Consumer (DTC) received a 2019 Celent Model Insurer Award in the Digital and Omni-Channel Technologies category for its success in transforming the life insurance customer experience through digital technology.

Key Points: 
  • BOSTON, April 12, 2019 /PRNewswire/ --Today, John Hancock Insurance Direct to Consumer (DTC) received a 2019 Celent Model Insurer Award in the Digital and Omni-Channel Technologies category for its success in transforming the life insurance customer experience through digital technology.
  • John Hancock was honored for its work in digitally transforming the customer buying journey through application submission, policy issuance and the industry-leading John Hancock Vitality customer experience.
  • "We are honored to receive this significant recognition from Celent," said Brooks Tingle, president and CEO of John Hancock Insurance.
  • Insurance products are issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA 02210 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595.

John Hancock Appoints Heather Windjue to Head of TPA Strategy and Support, Retirement Plan Services

Friday, February 1, 2019 - 3:00pm

BOSTON, Feb. 1, 2019 /PRNewswire/ --In an effort to provide seamless continuity and service to retirement plan third party administrators (TPAs), John Hancock Retirement Services (JHRPS) announced that Heather Windjue will succeed Head of TPA Strategy and Support, Ann Slotwinski, who will be retiring after 37 years with the firm.

Key Points: 
  • BOSTON, Feb. 1, 2019 /PRNewswire/ --In an effort to provide seamless continuity and service to retirement plan third party administrators (TPAs), John Hancock Retirement Services (JHRPS) announced that Heather Windjue will succeed Head of TPA Strategy and Support, Ann Slotwinski, who will be retiring after 37 years with the firm.
  • John Hancock Life Insurance Company (U.S.A.) (John Hancock USA), John Hancock Life Insurance Company of New York (John Hancock New York), and John Hancock Retirement Plan Services, LLC are collectively referred to as "John Hancock".
  • 1John Hancock Retirement Plan Services consists of John Hancock Life Insurance Company (U.S.A.) (not licensed in New York), John Hancock Life Insurance Company of New York (licensed in New York), Valhalla, New York and John Hancock Retirement Plan Services, LLC.
  • Approximate unaudited figures for John Hancock Retirement Plan Services division, provided on a U.S. statutory basis.

John Hancock Research Shows Financial Stress Costs Companies $2,000 per Employee Annually

Tuesday, December 11, 2018 - 5:00pm

"At John Hancock, we are committed to helping our retirement plan participants feel prepared for the future and want to help alleviate stressors along the way," said Patrick Murphy, president and CEO, John Hancock Retirement Plan Services.

Key Points: 
  • "At John Hancock, we are committed to helping our retirement plan participants feel prepared for the future and want to help alleviate stressors along the way," said Patrick Murphy, president and CEO, John Hancock Retirement Plan Services.
  • To see the full 2018 John Hancock Financial Stress Survey results, please click here or visit jhrps.com/Wellness.
  • The 2018 John Hancock Financial Stress survey was commissioned by John Hancock and conducted by Greenwald & Associates.
  • John Hancock is a division of Manulife Financial Corporation, a leading international financial services group that helps people make their decisions easier and lives better.

John Hancock Announces Leadership Transitions at Retirement Plan Services

Friday, November 2, 2018 - 1:00pm

BOSTON, Nov. 2, 2018 /PRNewswire/ --In support of its holistic retirement offerings, John Hancock announced today that Gary Tankersley has been promoted to head of Sales and Distribution for John Hancock Retirement Plan Services (JHRPS).

Key Points: 
  • BOSTON, Nov. 2, 2018 /PRNewswire/ --In support of its holistic retirement offerings, John Hancock announced today that Gary Tankersley has been promoted to head of Sales and Distribution for John Hancock Retirement Plan Services (JHRPS).
  • John Hancock Retirement Plan Services, Boston, MA 02210.
  • 1John Hancock Retirement Plan Services consists of John Hancock Life Insurance Company (U.S.A.) (not licensed in New York), John Hancock Life Insurance Company of New York (licensed in New York), Valhalla, New York and John Hancock Retirement Plan Services, LLC.
  • Approximate unaudited figures for John Hancock Retirement Plan Services division, provided on a U.S. statutory basis.

John Hancock Retirement Plan Services Backs Up Participant 401(k) Retirement Accounts with Cybersecurity Guarantee

Thursday, September 27, 2018 - 3:00pm

BOSTON, Sept. 27, 2018 /PRNewswire/ --John Hancock Retirement Plan Services (JHRPS) has formalized current practice, offering a Cybersecurity Guarantee to reimburse eligible participants for unauthorized transfers from their 401(k) retirement accounts, another way JHRPS puts its participants first.

Key Points: 
  • BOSTON, Sept. 27, 2018 /PRNewswire/ --John Hancock Retirement Plan Services (JHRPS) has formalized current practice, offering a Cybersecurity Guarantee to reimburse eligible participants for unauthorized transfers from their 401(k) retirement accounts, another way JHRPS puts its participants first.
  • 1John Hancock Retirement Plan Services consists of John Hancock Life Insurance Company (U.S.A.) (not licensed in New York), John Hancock Life Insurance Company of New York (licensed in New York), Valhalla, New York and John Hancock Retirement Plan Services, LLC.
  • Approximate unaudited figures for John Hancock Retirement Plan Services division, provided on a U.S. statutory basis.
  • John Hancock Life Insurance Company (U.S.A.) (John Hancock USA), John Hancock Life Insurance Company of New York (John Hancock New York), and John Hancock Retirement Plan Services, LLC are collectively referred to as "John Hancock".