John Hancock Recognized for Deal of the Year for Retirement Plan Services Acquisition at 2016 Mutual Fund Industry Awards
Apr 27, 2016, 03:19 ET
BOSTON, April 27, 2016 /PRNewswire/ -- John Hancock's acquisition of New York Life's Retirement Plan Services was awarded "Deal of the Year" at the 23rd Annual Mutual Fund Industry Awards event, sponsored by Fund Industry Intelligence, on April 26, in New York City.
"We are thrilled to receive this award," said Peter Gordon, CEO of John Hancock Retirement Plan Services. "Over the last year we have successfully integrated our teams and systems into a singular, combined organization, and we are looking forward to a very successful future. This deal enabled John Hancock to dramatically expand the range and depth of services within the retirement plan market."
For the past 23 years, the Mutual Fund Industry Awards have recognized the people and organizations that stand out for their excellence, achievements and contributions to the mutual fund industry. Nominees and winners for these annual awards are selected by the editors of Fund Directions and Fund Action based on their extensive industry-wide due diligence. The editors draw on market intelligence as well as considering input from the industry garnered through an annual call for nominations when making their selections.
About John Hancock and Manulife
John Hancock Financial is part of Manulife Financial Corporation, a leading international financial services group with principal operations in Asia, Canada and the United States. Operating as Manulife in Canada and Asia, and primarily as John Hancock in the United States, our group of companies offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Assets under management by Manulife and its subsidiaries were $935 billion (US $676 billion) as at December 31, 2015. Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSA, and under '945' on the SEHK. Manulife can be found on the Internet at manulife.com.
The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers and administers a broad range of financial products, including life insurance, annuities, investments, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance. Follow John Hancock on Twitter @JohnHancockUSA or visit www.johnhancock.com.
John Hancock Life Insurance Company (U.S.A.), John Hancock Life Insurance Company of New York and John Hancock Retirement Plan Services, LLC are collectively referred to as "John Hancock".
John Hancock Retirement Plan Services, LLC, Boston, MA 02210
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SOURCE John Hancock Financial