Manulife Financial Corporation Makes Key Announcements

Manulife Financial Corporation has made several significant announcements that are set to shape the company’s future. The company has finalized its dividend rates for its preferred shares, offering a fixed rate of 5.169% per annum for the next five years. This move is expected to provide stability and predictability for investors, allowing them to plan their financial strategies with confidence.

In a separate development, Manulife Investment Management Limited has proposed changes to its fund platform. The proposed changes include a merger of two funds, which will help to streamline the company’s offerings and make it easier for investors to navigate the complex world of investments. Additionally, the company is seeking approval from securityholders for changes to the investment objectives of its funds. This is a crucial step in ensuring that the company’s investment strategies remain aligned with the needs and goals of its investors.

A recent report by Manulife and Deloitte has also shed light on the importance of insurance for high-net-worth individuals in Greater China. The report found that 70% of respondents consider insurance essential for legacy and succession planning, with many integrating insurance into their asset portfolios. This highlights the critical role that insurance plays in helping individuals achieve their long-term financial goals and protect their wealth for future generations.

The report’s findings are a testament to the growing importance of insurance in the region, and demonstrate the need for high-net-worth individuals to incorporate insurance into their overall financial strategies. By doing so, they can ensure that their wealth is protected and that their legacy is preserved for years to come.

Key Takeaways

• Manulife Financial Corporation has finalized its dividend rates for preferred shares at 5.169% per annum for the next five years.
• Manulife Investment Management Limited has proposed changes to its fund platform, including a merger of two funds and changes to investment objectives.
• A report by Manulife and Deloitte found that 70% of high-net-worth individuals in Greater China consider insurance essential for legacy and succession planning.
• The report highlights the critical role that insurance plays in helping individuals achieve their long-term financial goals and protect their wealth for future generations.