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Manulife Offers Online Investment Search Tool

by Carla Johnson, Investors Offshore, London

18 December 2001


Manulife Financial, the top choice of 401(k) plan sponsors in 2000, is offering independent financial consultants Web access to an online prospecting database called ERISA ONLINE, created by PensionPlanet.com.
ERISA ONLINE's searchable listing of more than 1.2 million qualified retirement plans and qualified health and welfare plans makes it an excellent sales tool. The listing's Form 5500 data is updated with current contact names and numbers, provided monthly through an exclusive relationship with Dun & Bradstreet. This tool helps financial consultants match current plans to the most appropriate provider, which in turn, gives plan participants the right products.

ERISA ONLINE is now offered free of charge to brokers who have sold a Manulife Financial group pension product and are registered to the Manulife Financial broker Web site, www.my401ksales.com.
According to Kendall Kay, Chief Strategy Officer at the Manulife Financial U.S. Group Pensions Division, "The addition of ERISA ONLINE is: "just one more way we work with independent consultants to help them build their business and deliver value to their clients. We believe that by helping to bring together plan sponsors and independent consultants, the quality of retirement benefit programs will be enhanced and more appropriate options will be available to individuals looking to achieve a financially secure retirement."

Manulife Financial is a leading Canadian-based financial services company 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 (Manulife Financial Corporation and its affiliated companies) were US$85.3 billion (Cdn$134.6 billion) as at September 30, 2001.


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