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Manulife Financial Corporation (French: Financière Manuvie) is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario. The company operates in Canada and Asia as "Manulife" and in the United States primarily through its John Hancock Financial division. [ 4 ]
In 2001, telephone and internet banking was introduced to provide customers with 24-hour self-service. In 2003, the Business Advantage Account was launched - a high-interest account for small business owners. In 2007, Manulife Bank opened an office in Halifax, Nova Scotia. In 2009, Manulife Bank began offering Tax-Free Savings Accounts (TFSA).
On September 29, 2003, Manulife Financial of Canada announced its intent to acquire John Hancock for $10.4 billion. The merged entity would be led by D'Alessandro, but he would step down in June 2004. The sale also included a Canadian subsidiary of John Hancock, Maritime Life; it was integrated into Manulife's Canadian operations. [6] [7] [8]
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Image source: Getty Images. 1. Cost increases for Parts A and B. Original Medicare's premiums and deductibles went up in 2025. The Part A annual deductible increased from $1,632 to $1,676, and the ...
Beginning in 2025, part-time employees only need two years of employment with at least 500 hours of service in each to qualify. This doesn't apply to collectively bargained plans, and pre-2021 ...