Persistently low interest rates have hammered insurance company profitability.
A little more than a year after launching Retirement Ready, a retirement income program for its advisors, John Hancock Financial Network today announced the launch of a new iPad application and updates to the program.
NextCapital's digital platform to serve 401(k)s and rollovers for the firm.
"Macroeconomic trends" led Hancock to ditch new policy sales, in the latest example of an LTC market beleaguered by negative consumer perception and low interest rates.
The company may seek to exit its John Hancock unit in the U.S.
As assets in target-date mutual funds approach $1 trillion, we tackle common investor questions in our annual landscape report.