Manulife to Present at Barclays Americas Select Franchise Conference 2013

Manulife to Present at Barclays Americas Select Franchise Conference 2013 – The title of the feed item

Manulife Financial Senior Executive Vice President and Chief Financial Officer Steve Roder to Present at the Barclays Americas Select Franchise Conference 2013

Toronto – Steve Roder, Senior Executive Vice President and Chief Financial Officer of Manulife Financial, is scheduled to present at the Barclays Americas Select Franchise Conference 2013 in London on Tuesday, May 21, 2013 at 1:45 pm BST.

Interested parties may access the live audio webcast through manulife.com/presentations. An archived version of the replay audio will be available the day after the live event at the same location for six months.

About Manulife Financial
Manulife Financial is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. Clients look to Manulife for strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Funds under management by Manulife Financial and its subsidiaries were C$555 billion (US$547 billion) as at March 31, 2013. The Company operates as Manulife Financial in Canada and Asia and primarily as John Hancock in the United States.

Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ’945′ on the SEHK. Manulife Financial can be found on the Internet at manulife.com.

SOURCE: Manulife Financial Corporation

For further information:
Media inquiries:
Laurie Lupton – (416) 852-7792
Sean B. Pasternak – (416) 852-2745

Investor Relations:
Steven Moore – (416) 926-6495
Anique Asher – (416) 852-9580

 

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Manulife Asset Management Hires New Emerging Markets Debt Portfolio Management Team

Manulife Asset Management Hires New Emerging Markets Debt Portfolio Management Team – The title of the feed item

Continues expansion of global debt and equity capabilities

Third addition of seasoned portfolio managers this year

Boston – Manulife Asset Management announced it has added a new Emerging Markets Debt portfolio management team, its third such addition of seasoned portfolio managers in as many months. Effective immediately, Roberto Sanchez-Dahl, CFA, and Paolo H. Valle have joined the firm as Managing Directors and senior portfolio managers; they will be members of Manulife Asset Management’s global fixed income team.

They will manage an emerging markets debt strategy for institutional clients and certain wealth management businesses of Manulife Financial and John Hancock, and will report to Christopher Conkey, Global Chief Investment Officer of Manulife Asset Management. The team will also support other global debt strategies investing in emerging market debt.

“We are very pleased to add portfolio managers of the caliber of Roberto and Paolo to our global fixed income team, and welcome them to Manulife Asset Management. Their well-defined investment process and disciplined approach to alpha generation in EM debt represents a strong cultural fit with our investment organization. We believe that emerging markets debt, along with other global debt and equity strategies, will continue to be key areas of interest for our clients and investors, offering diversification and potential for attractive long-term returns,” said Mr. Conkey.

Mr. Sanchez-Dahl most recently was with Federated Investment Management Company, since 2001 as an emerging markets senior portfolio manager, and as an investment analyst since 1997. He previously served as an associate in the Credit Department at Goldman Sachs in New York City, from 1994 to 1997. He began his career with Moody’s Investors Service in New York. He holds a BS in mechanical electric engineering from Universidad Nacional Autonoma de Mexico, an associate degree in corporate finance from Instituto Tecnologico Autonomo de Mexico, and an MBA from Columbia University in New York.

Mr. Valle served, since 2004, as a Vice President at Federated Investment Management and most recently was an emerging markets senior portfolio manager. Previously, he was Chief Investment Officer of Ramirez Asset Management in New York City, from 2001 to 2004. Prior to that, he was a managing partner with Valle Advisors, and a first vice president and Head of the Emerging markets and International Fixed Income group with Merrill Lynch Investment Management, both in Princeton, New Jersey. He holds an MBA from the University of Pittsburgh, and a BS in business administration from the Universidad del Pacifico in Lima, Peru.

The team’s disciplined approach has driven proven investment performance. As of March 31, 2013, eVestment ranked their emerging markets debt strategy in the top decile on a three-year basis, and top quartile on a five-year basis when evaluated in the Emerging Markets Fixed Income-Hedged universe1.

Manulife Asset Management’s new Emerging Markets Debt team is the firm’s third addition of portfolio management teams this year, helping to build out the firm’s product set and expand the depth and breadth of its global equity and fixed income teams.

1Note: Past performance is not indicative of future results.

About Manulife Asset Management
Manulife Asset Management is the global asset management arm of Manulife Financial. Manulife Asset Management provides comprehensive asset management solutions for institutional investors and investment funds in key markets around the world. Manulife Asset Management also provides investment management services to affiliates’ retail clients through product offerings of Manulife and John Hancock. This investment expertise extends across a broad range of asset classes including equity, fixed income and alternative investments such as real estate, timber, farmland, as well as asset allocation strategies.

Manulife Asset Management has offices with full investment capabilities in the United States, Canada, the United Kingdom, Japan, Hong Kong, Singapore, Taiwan, Indonesia, Thailand, Vietnam, Malaysia, and the Philippines. In addition, it has a joint venture asset management business in China, Manulife TEDA. It also has operations in Australia, New Zealand, Brazil and Uruguay. John Hancock Asset Management, Hancock Natural Resource Group and Declaration Management and Research are units of Manulife Asset Management. As at March 31, 2013, assets under management were C$252 billion. Additional information about Manulife Asset Management can be found at ManulifeAM.com.

About Manulife Financial
Manulife Financial is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. Clients look to Manulife for strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Funds under management by Manulife Financial and its subsidiaries were C$555 billion (US$547 billion) as at March 31, 2013. The Company operates as Manulife Financial in Canada and Asia and primarily as John Hancock in the United States.

Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘945’ on the SEHK. Manulife Financial can be found on the Internet at manulife.com.

Contact:
Beth McGoldrick
617-663-4751

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Manulife Financial Makes 2012 Public Accountability Statement

Manulife Financial Makes 2012 Public Accountability Statement – The title of the feed item

2012 Statement includes increased reporting detail and year-to-year comparable data

Toronto – Manulife Financial has today released its 2012 Public Accountability Statement. The statement, which reviews Manulife’s commitment to social responsibility, environmental sustainability, excellence in business conduct and corporate governance during the previous year, is now available for download at manulife.com.

The 2012 Statement highlights the Company’s continuing efforts in Canada, Asia and the United States to build stronger communities, promote health and wellness, support educational initiatives for young people and tomorrow’s leaders, enhance environmental sustainability and harness the power of volunteering in the community.

“Our company has a long, proud tradition of giving back to the communities where our employees, agents and customers live and work,” says Donald Guloien, President and Chief Executive Officer, Manulife Financial.

New in Manulife’s 2012 Public Accountability Statement are increased details, context, and metrics  that help quantify the impacts of Manulife’s programs and initiatives, whether of an economic, social or environmental nature.

Highlights from the 2012 Statement include:

Economic Impact:
Manulife is proud of the role that it is able to play in facilitating positive economic impacts in the communities where it operates by virtue of its day-to-day operations. Above and beyond these ongoing business activities, the Company engaged in a broad range of additional initiatives in 2012 which generated positive economic benefits in Canada, Asia and in the United States.

Manulife believes in the importance of partnering with organizations which help to promote active, healthy lifestyles among its global customer base and which give back to the local community. The Company is proud of the significant economic impacts that arose through its sponsorship of events in 2012, such as the Manulife Financial LPGA Classic and the Boston Marathon.

In Vietnam, the Company continued offering micro-insurance policies, which it began offering in 2009. With premiums of roughly $1 per month, the policies help women (most of whom are farmers) who want to protect themselves and their families from the risks associated with accidents, disease and natural disasters. The introduction of micro-insurance to this region helps contribute to social welfare, eliminate poverty and create awareness of savings to area residents.

Social Impact:
As in previous years, the Company encouraged its employees in 2012 to volunteer at the local community level. Volunteerism has always been a priority at Manulife and being active participants in improving local communities is a vital part of the organization’s culture. In 2012, Manulife employees and distribution partners volunteered 380,745 hours to a wide range of charities and causes. Employee donation of time is an important contribution and a way to extend the power of our corporate donations.

“We believe every volunteer act helps contribute to better outcomes for everyone,” adds Nicole Boivin, Senior Vice President and Chief Branding & Communications Officer. “At the same time, we think it’s a forward-thinking approach toward being an engaged community partner.”

Environmental Impact:
Through its ongoing commitment to sustainable investment, demonstrated by the Company’s investments in renewable energy, forest land management and volunteer programs, Manulife is helping protect biodiversity and fragile ecosystems around the world. From recycling and conservation programs to the generation of renewable energy, the Company continued to adopt environmentally friendly practices in its global office locations and throughout its global real estate portfolio during 2012.

Manulife also continued to pursue opportunities to increase the effectiveness of its business operations, while minimizing impact on the environment.  These efforts included the use of property management technologies, the introduction of data server virtualization and initiatives to encourage the reuse and recycling of electronic waste. Data on the Company’s carbon emissions, energy and water consumption, paper use and waste diversion are presented in the 2012 Statement.

Manulife Bank:
During the course of 2012, Manulife Bank surpassed $1 billion in shareholder’s equity. As such, Manulife Bank was required to prepare its first public accountability statement for its public accountability activities in 2012, which can be found on pages 44-46 of the 2012 Statement.

The full Public Accountability Statement is available online at www.manulife.com/governance

About Manulife Financial
Manulife Financial is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. Clients look to Manulife for strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Funds under management by Manulife Financial and its subsidiaries were C$555 billion (US$547 billion) as at March 31, 2013. The Company operates as Manulife Financial in Canada and Asia and primarily as John Hancock in the United States.

Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘945’ on the SEHK. Manulife Financial can be found on the Internet at manulife.com.

Media inquiries:
Laurie Lupton – (416) 852-7792

Sean B. Pasternak – (416) 852-2745

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Boomers risk straining finances to support boomerang kids: TD poll

Boomers risk straining finances to support boomerang kids: TD poll – The title of the feed item

TD Canada Trust partners with family relationship expert Gary Direnfeld with advice on applying tough financial love

TORONTO, May 7, 2013 /CNW/ – Many parents feel the need to give financial support to their grown children well into adulthood, from welcoming them back home after graduation day to helping them pay off their credit card. In fact, one-in-five Boomers (19%) admit they would consider putting their own security and financial future at risk to help support their adult children.

New research from TD Canada Trust shows the majority of Boomer parents have financially supported their adult children in some capacity. They have let them live at home rent free (43%), subsidized big purchases like a new car or computer (29%), contributed to monthly bills like groceries and rent (23%), and helped pay off their credit card or other debt (20%).

John Tracy, a senior vice president at TD Canada Trust, warns too much financial support – coupled with mortgage payments, retirement savings, and even elder care – could put a serious strain on Boomers’ finances.

“Today’s high youth unemployment, increasing post-secondary education costs and high property prices means many young people are more likely to rely financially on their parents well into adulthood,” said Tracy. “As a parent, it’s natural to want to help when children struggle with finances, but it’s important this support does not compromise your own financial stability and retirement savings goals.”

Family relationship expert and social worker Gary Direnfeld said a little tough love is essential to avoid a cycle of dependency and to maintain healthy family dynamics.

“Some parents worry too much about being liked by their kids, but as parents it’s our job to teach our children financial independence so they learn how to cope with frustration, overcome adversity and appreciate the value of a dollar,” Direnfeld said. “Even if money is not an issue, setting boundaries and knowing when to say ‘no’ from the time kids are young will help develop responsible young people, so we don’t end up with a generation of dependent adults.”

Additional advice from Tracy and Direnfeld on how boomer parents can practice tough love when it comes to family finances:

1. Have open and honest conversations

“Don’t assume that everyone is on the same page; be clear on what you are and are not willing to support financially,” said Tracy. For example, if grown children move back home, will they be responsible for paying rent or covering any household expenses, and what are the implications if downsizing is a future consideration?

“If the support strains your finances, share those concerns and explain the basis for your decision to cut back or say ‘no,’” Direnfeld said. “The big challenge is withstanding the initial backlash and staying firm. Depending on the circumstances, some families find it useful to seek support from a third party, like a financial advisor or social worker.”

2. Pay yourself first

Tracy says it is vital to prioritize retirement savings in peak earning years, so parents should refer to their financial plan before lending a hand to their children. “Millennials have decades left in the workforce to earn money, but Boomers likely do not,” said Tracy. “If parents can’t support themselves in retirement, then they risk shifting the financial strain onto their children instead.”

To make saving simpler, set up regular preauthorized transfers of a set amount into an RSP, and ideally, a TFSA for emergencies. Saving automatically can help parents resist the temptation to splurge on their children instead of saving for the future.”

3. Budget and plan for generosity

Fifty-four percent of parents estimate that even though their adult children are not attending school, they provide between $100 and $300 each month in financial support. The research also found 18% of parents have helped their children with the down payment on their first home. Regardless of how much support parents offer, Tracy says it’s crucial to budget for it.

“Before helping with a down payment, speak with a financial planner and mortgage expert in tandem to understand the financial implications and, more importantly, to find out if all parties can truly afford to do it,” Tracy said. “If your child has saved a sizable down payment and proven they are ready to take on the responsibility of a mortgage, topping up their down payment could save them thousands of dollars in the long run if you have the means.”

4. Be a role model and teach financial literacy

Tracy and Direnfeld agree that teaching children about money from a very young age can help prevent a cycle of dependency. But, for parents who feel the strain of supporting adult children today, they recommend firm but measured action. “Parents should gradually shift their role from financial aid to financial coach, and help their kids establish a plan to get their expenses under control and pay down debts,” said Tracy.

Direnfeld adds that grown children need to understand independence means owning their own consequences, and he says parents should let their children learn this lesson through experience rather than making a decision to support them out of guilt. “Being a role model is only as good as the example you set; let your children see that you hold them accountable for their own decisions,” said Direnfeld.

About the TD Canada Trust Tough Financial Love Poll

TD Bank Group commissioned Environics Research Group (www.environics.ca) to conduct an online custom survey of 2,155 Canadian parents who have adult children not attending school. Responses were collected between January 10 and 25, 2013.

About TD Canada Trust  

TD Canada Trust offers personal and business banking to more than 11.5 million customers. We provide a wide range of products and services from chequing and savings accounts, to credit cards, mortgages and business banking, to credit protection and travel medical insurance, as well as advice on managing everyday finances. TD Canada Trust makes banking comfortable with award-winning service and convenience through 24/7 mobile, internet, telephone and ATM banking, as well as in over 1,100 branches, with convenient hours to serve customers better. For more information, please visit: www.tdcanadatrust.com. TD Canada Trust is the Canadian retail bank of TD Bank Group, the sixth largest bank in North America.

SOURCE: TD Canada Trust

For further information:

Liz Christiansen / Jillian Turgeon
Paradigm Public Relations
416-203-2223

Sandra De Carvalho
TD Bank Group
416-944-7095

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