KITCHENER-WATERLOO, ON, Sept. 20, 2005 – Manulife Financial’s Canadian Pension Operations have been awarded the administration and record-keeping business for the Deferred Profit Sharing Plan (DPSP) and Group Registered Retirement Savings Plan (Group RRSP) Wal-Mart Canada (Wal-Mart) offers for its Associates. The award means Manulife will become Wal-Mart Canada’s exclusive provider of Group Benefits and Group Retirement Savings Programs for its Associates.
Manulife will offer more than 60,000 Wal-Mart Associates across Canada a low-cost, diversified retirement savings program, supported by innovative solutions and a commitment to high-quality customer service.
“We’re very proud to be selected as the service provider of choice for
Wal-Mart’s Group Retirement Savings Program,” says Michael Doughty, Senior Vice-President of Manulife Financial’s Canadian Pension Operations. “Wal-Mart is not only one of Canada’s largest employers, but it has also been recognized by Report on Business as one of Canada’s best. I am confident that their Associates will find real value in the products and services we offer to help them save for their retirement.”
About Manulife Financial
Manulife Financial is a leading Canadian-based financial services group serving millions of customers in 19 countries and territories worldwide. Operating as Manulife Financial in Canada and Asia, and primarily through John Hancock in the United States, the Company offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were Cdn$364 billion (US$297 billion) as at June 30, 2005.
Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘0945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.
About Wal-Mart Canada
Established in 1994 and headquartered in Mississauga, Ontario, Wal-Mart Canada operates a growing network of 261 outlets nationwide. The company employs more than 60,000 Associates and has been repeatedly ranked Canada’s best retailer to work for by international human-resources firm Hewitt Associates and Report on Business Magazine.
La Financi�re Manuvie administrera les r�gimes d’�pargne-retraite collectifs des associ�s de Wal-Mart Canada
KITCHENER-WATERLOO, ON, le 20 sept. 2005 – La division canadienne de la Collective retraite de la Financi�re Manuvie a obtenu l’administration et la tenue des dossiers du r�gime de participation diff�r�e aux b�n�fices (RPDB) et du r�gime enregistr� d’�pargne-retraite collectif (REER collectif) que Wal-Mart Canada (Wal-Mart) offre � ses associ�s. Ainsi, Manuvie devient le fournisseur exclusif des avantages sociaux et des r�gimes d’�pargne-retraite que Wal-Mart Canada procure � ses associ�s.
Manuvie offrira donc, � plus de 60 000 associ�s de Wal-Mart d’un bout � l’autre du pays, un programme d’�pargne-retraite diversifi� et � faible co�t, accompagn� de solutions novatrices et d’un service � la client�le de grande qualit�.
“Nous sommes tr�s fiers d’avoir �t� choisis comme fournisseur de services du programme d’�pargne-retraite collectif de Wal-Mart”, a d�clar� Michael Doughty, vice-pr�sident principal de la division canadienne de la Collective retraite de la Financi�re Manuvie. “Wal-Mart est non seulement l’un des plus importants employeurs du Canada, mais c’est aussi l’un des meilleurs au pays selon le magazine Report on Business. Je crois sinc�rement que les associ�s sauront appr�cier la valeur r�elle des produits et services que nous leur offrons pour les aider � �pargner en vue de la retraite.”
A propos de la Financi�re Manuvie
La Financi�re Manuvie, groupe canadien et chef de file des services financiers, compte des millions de clients dans 19 pays et territoires. Exer�ant ses activit�s sous le nom de Financi�re Manuvie au Canada et en Asie et principalement sous le nom de John Hancock aux Etats-Unis, elle offre � sa client�le une gamme vari�e de produits de protection financi�re et de services de gestion de patrimoine par l’entremise d’un vaste r�seau d’employ�s, d’agents et d’associ�s. Au 30 juin 2005, les fonds g�r�s par la Financi�re Manuvie et ses filiales se chiffraient � 364 milliards de dollars canadiens (297 milliards de dollars am�ricains).
La Soci�t� Financi�re Manuvie est inscrite aux Bourses de Toronto (TSX), de New York (NYSE) et des Philippines (PSE) sous le symbole “MFC”, et � la Bourse de Hong Kong (SEHK) sous le symbole “0945”. La Financi�re Manuvie est pr�sente sur le Web, � l’adresse www.manuvie.com.
A propos de Wal-Mart Canada
Wal-Mart Canada est au pays depuis 1994 et l’entreprise a �tabli son si�ge social � Mississauga en Ontario. Elle exploite un r�seau sans cesse croissant de 261 succursales au Canada. Wal-Mart compte 60 000 associ�s au pays et la Compagnie a souvent �t� class�e le meilleur employeur parmi les d�taillants au Canada par la firme internationale en ressources humaines Hewitt Associates et le magazine Report on Business.
