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Manulife teams with CNN/Money Online to offer new online information for 401(k) participants Boston – The Manufacturers Life Insurance Company (U.S.A.), a top choice of 401(k) plan sponsors*, has teamed up with CNN/Money Online to add investment information and educational content to its Web site, www.manulife.com/usa, for participants in 401(k) plans. CNN/Money Online, located at www.money.com, is jointly produced by CNN financial news and MONEY magazine, and is the Internet’s leading source for business and personal finance information. Manulife USA’s collaboration is the first of its kind between CNN/Money Online and a 401(k) provider. Manulife USA’s proprietary research has shown that quality of information, guidance and education are key drivers of 401(k) participant satisfaction. Delivering content online is one way that Manulife USA communicates with its participants and delivers the information to help them save for retirement with confidence. New resources from CNN/Money Online complement Manulife USA’s existing online tools that help participants manage and monitor their retirement savings accounts. From the section called “My Financial Planning,” a participant can click through the Manulife Web site to find articles, lessons, quizzes, and planning tools developed by CNN/Money Online. Topics address a range of personal financial planning issues such as making a budget, the basics of saving, and kids and money. Educational content is compiled by financial writers, editors and commentators from CNN and MONEY magazine. Popular MONEY features that will appear include “Money 101,” as well as management tools such as debt and retirement calculators. “Manulife USA is committed to offering the most useful tools and information available to help plan participants take control of their financial future and plan for a secure retirement,” said Kendall Kay, Chief Strategy Officer for Manulife USA, Group Pensions. “We are pleased to team up with CNN/Money Online and to add their practical and easy-to-understand content to our participant Web site,” he added. About Manulife The Manufacturers Life Insurance Company (U.S.A.) (Manulife USA) is committed to offering the highest quality annuity, life insurance, pension and tax-deferred college savings products to its clients. Its family of products has been built around a powerful combination of investment options chosen with the goal of providing risk-adjusted returns and broad diversification across asset classes, investment styles, and asset managers. With its broad product lines, competitive underwriting, excellent ratings, and quality customer service, Manulife USA is dedicated to providing quality products designed to help create and preserve wealth for its clients. Group annuity contracts are issued by Manulife USA. Product features and availability may differ by state. In New York, products are issued by The Manufacturers Life Insurance Company of New York (Manulife New York). Manulife Financial is a leading Canadian-based financial services group operating in 15 countries and territories worldwide. Through its extensive network of employees, agents and distribution partners, Manulife Financial offers clients a diverse range of financial protection products and wealth management services. Funds under management by Manulife Financial were US$89.3 billion (Cdn$142.2 billion) as at December 31, 2001. Manulife Financial Corporation trades as ‘MFC’ on the TSE, NYSE and PSE, and under ‘0945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com. About CNN/Money Online and MONEY magazine MONEY magazine, published by Time Inc., has a paid circulation of 1.9 million and a total readership of nearly eight million, making it the largest business and personal financial management publication in the world. Located at www.money.com, CNN/Money Online is the Internet’s leading source of business and personal finance information. The site provides breaking business and market news coverage along with expert personal finance commentary, advice and user-friendly planning tools at one convenient and easy-to-use Internet destination. *Plan Sponsor magazine’s (June) 2001 Recordkeeper Survey ranks Manulife Financial #1 in the category of “plans won in 2000” among 75 companies who provide recordkeeping services to defined contribution plan sponsors. Manulife USA is part of the Manulife Financial group of companies, wholly owned by Manulife Financial Corporation (MFC). -30- Media Contact: Catharine Bufalino U.S. Communications 617-854-4342 catharine_bufalino@manulife.com |
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