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Economy, inflation delaying retirement dreams: John Hancock
The decline in both stocks and bonds in 2022, combined with the spike in inflation, caused 70% of respondents to say they are worried 'a great deal' about the economy.
John Hancock Retirement taps industry veteran Wayne Park as CEO
Park will lead the company's US retirement plan and record-keeping unit, overseeing all aspects of the business.
John Hancock settles with NY state after long-term care insurance probe
The insurer will pay almost $21.6 million to consumers and their beneficiaries, along with $2.2 million to the New York State Medicaid program and a $2.5 million penalty to New York state.
Long-term care premium hike: Round three
As insurers push prices on LTC policies higher, individuals must weigh their policy options to maintain protection at an affordable price.
Abandoning LTC, MetLife sparks worries
MetLife Inc.'s announcement last week that it will stop writing new long-term-care insurance shocked advisers, raising fears that rates will rise for existing blocks of business and that other carriers will exit the industry.
