News

July 2013

July 31
John Hancock Launches Global Conservative Absolute Return Fund

John Hancock said today that it has launched the John Hancock Global Conservative Absolute Return Fund to new sales for Class A, Class I and Class R6 shares (Class A: JHRAX, Class I: JHRIX, Class R6: JHRRX). Standard Life Investments, which has managed absolute return assets since 2005, is the fund’s investment manager......
July 30
John Hancock National Study Finds Long-Term Care Costs Continue to Climb Across All Provider Options

John Hancock Life Insurance Company (John Hancock) today announced the results of its biennial long-term care (LTC) cost study, which found that LTC costs have continued to increase for all provider options......
July 22
Manulife Financial to Release Second Quarter 2013 Financial Results

Manulife Financial Corporation will release its second quarter 2013 financial results on the morning of Thursday, August 8, 2013, followed by a live webcast of the quarterly conference call with analysts beginning at 2:00 p.m. (ET)......
July 17
Succession Planning Still Major Issue for Advisors, Opportunity for Distributors According to Signator Investors, Inc. Equity and Succession Planning Survey of Advisors

Despite succession planning being a major topic facing the graying financial advisor market, a new survey conducted by Mathew Greenwald and Associates for Signator Investors, Inc. shows few financial professionals are fully prepared for succession. A strong majority also say the industry does not do a good job helping with succession planning even though nearly three-quarters are more apt to consider a broker-dealer with a succession planning platform......
July 17
Signator Investors, Inc.’s Succession Planning Program Rated Highly in Blind Survey of 500 Advisors

As part of a larger survey of financial advisors on succession planning conducted by Mathew Greenwald and Associates, respondents were asked to react to an unnamed four-part succession planning platform, which is the one offered by Signator Investors, Inc......
July 16
John Hancock Financial Network Rebrands to Use "Signator Investors, Inc." with Advisors

John Hancock Financial Network (JHFN) President, Brian Heapps, announced today his organization would market itself to advisors using its registered broker-dealer name, Signator Investors, Inc., as it seeks to reinforce its commitment to grow as an independent broker-dealer......
July 12
Columbus-based Financial Services Firm Signature Financial Group Expands by Acquiring Indianapolis Firm with Indiana and Illinois Offices

Signature Financial Group (SFG), a regional financial services firm based in Columbus led by Managing Partner Scott Armstrong, has acquired Foresight Financial Management, a financial services firm based in Indianapolis with additional offices in Indiana and Illinois......
July 12
Foresight Financial Management Affiliates with Columbus, OH-based Regional Firm, Signature Financial Group

Foresight Financial Management, led by President Jeffrey Ritter, has affiliated with Signature Financial Group (SFG), a regional financial services firm based in Columbus, Ohio. Foresight Financial Management will retain its name and continue to serve clients as it looks to grow in its current location at 8425 Woodfield Crossing Blvd. in Indianapolis.....
July 08
John Hancock Reduces Fees on Global Absolute Return Strategies and Sovereign Investors Funds

John Hancock has added a new management fee breakpoint for the John Hancock Global Absolute Return Strategies Fund (Class A: JHAAX) and decreased a breakpoint in the management fee schedule for the John Hancock Sovereign Investors Fund (Class A: SOVIX). Both fee reductions were effective July 1, 2013....
July 02
John Hancock Investor Sentiment Index Reaches New High in 2013's Second Quarter

The John Hancock Investor Sentiment Index rose two points to +26 in the second quarter of 2013, surpassing last quarter’s all-time high and continuing an upward trend that began in the fourth quarter of 2012....
July 01
Most Americans Plan to Travel for Summer Vacation This Year

Americans will be sky-bound this summer when they take a vacation but will tend to stay stateside, according to a survey by John Hancock. Eighty percent of those surveyed said they plan to travel for pleasure this summer, up from 77 percent in the summer of 2012. Of those who plan to travel during this summer, half (49 percent) plan to tour a U.S. city. About one-third is headed to the beach, and 22 percent plan an international destination. Those who aren’t taking a trip this summer plan to do so at another time...