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Deals and People April 9, 2025
John Hancock Investment and Retirement Brands Are Adding Manulife to Their Names
The U.S. insurance business will remain under the John Hancock name.
Reported by PLANSPONSOR Staff
John Hancock Investment Management and John Hancock Retirement will be known as Manulife John Hancock Investments and Manulife John Hancock Retirement, respectively, starting today.
The brands have been part of Manulife Wealth & Asset Management for more than 20 years, and the company aims for the name change to show the deeper integration of the Manulife brand into the businesses.
Manulife Wealth & Asset Management’s institutional and investments businesses will continue to operate under the Manulife Investment Management brand globally, while the U.S. insurance business brand will continue to operate as John Hancock.
In a conversation last month with our sister publication PLANADVISER, Wayne Park, CEO of John Hancock Retirement, had referred to the upcoming name change, saying the rebranding reinforces the company’s commitment to the long term by emphasizing the strong parent, Manulife, and its global scale.
“I think it’s time to showcase the support,” he noted at the time, of Manulife’s scale and efficiencies. This support from the parent company will allow John Hancock to “be there for the long term” in what has been a consolidating marketplace.
“By aligning our brands under the Manulife John Hancock umbrella, we are showcasing the breadth of our investment capabilities and the global scale of our full franchise, while reinforcing our commitment to holistically delivering value to our clients,” said Paul Lorentz, Manulife Wealth & Asset Management’s president and CEO, in a statement. “This change not only pays tribute to the heritage and longevity of both brands but also provides clarity and insight into our global business, so investors have a clear understanding of the full scope of our offerings.”
As the wealth and asset management business of Manulife Financial Corp., Manulife Wealth & Asset Management provides global investment, financial advice and retirement plan services to 19 million individuals, institutions and retirement plan members worldwide, with $875 billion in assets under management and advisement.