Published:
John Hancock Retirement Plan Services Launches New 'Forum Coach' Training Program for TPAs
BOSTON, April 28 /PRNewswire-FirstCall/ -- Building on the recent
expansion of the TPA Services Team, John Hancock Retirement Plan Services
(RPS) today announces a new web-facilitated training program for its 401(k)
Third Party Administrators (TPAs). Called "Forum Coach," the program was
developed in response to TPAs' requests for:
-- relevant and timely compliance instruction
-- information on new products and services
-- training programs to help new associates earn industry designations and
provide those with existing designations, valuable CE credits.
"The mission of the TPA Services Team is to build strong relationships
with these critical business partners. We strive to really listen to our TPAs,
find out how we can help them succeed in their businesses, and then provide
valuable services to assist them," said George Revoir, Senior Vice President,
John Hancock RPS. "We've been committed to TPAs since our business began. The
Forum Coach program is a continuation of this, and by leveraging technology
we're able to reach even more TPAs."
Forum Coach is made up of two components:
1) E-Tutor
In order to provide optimal compliance training, John Hancock has engaged
the services of Janice Wegesin to create and facilitate a series of compliance
webcast training sessions. Ms. Wegesin is a nationally known speaker and
author on the subject, as well as the recipient of both the ASPPA (American
Society of Pension Professionals & Actuaries) Educator's Award and the NIPA
(National Institute of Pension Administrators) Lifetime Achievement Award.
"We are extremely pleased to be working with Ms. Wegesin to create this
training program," said Ann Slotwinski, Assistant Vice President, John Hancock
RPS. "As an industry leader, she provides new associates with the most
up-to-date information when preparing for their exams, and valuable insight
for industry veterans, who are acquiring CE credits to maintain their
designations."
Based on the curriculum for the ASPPA and NIPA entry level exams, topics
will range from the basics of understanding retirement plan history, to key
topics on how to effectively administer these plans.
2) John Hancock Product & Services
In addition to introducing the E-Tutor sessions, John Hancock will begin
to leverage web technology to facilitate training that is focused on providing
TPAs with details on new products and services. Other topics include setting
up a new plan and seamlessly integrating their pension administration systems
with John Hancock.
"We are excited to offer these two training components under the new Forum
Coach program," said Ms. Slotwinski. "We have assembled an outstanding
curriculum, and through the use of technology, we have made the program
accessible to our important TPA partners. It is another example of how
committed we are to their success."
About John Hancock Retirement Plan Services
Among mutual fund, life insurance companies and banks, JHRPS is ranked as
the #1 provider to 401(k)s based on number of 401(k) plans managed, according
CFO Magazine. (CFO Magazine 401(k) Buyers Guide Study, published May 2007.)
About John Hancock and 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 inCanada andAsia, and primarily through John
Hancock inthe 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$396 billion
(US$401 billion) as at December 31, 2007.
Manulife Financial is one of two publicly traded life insurance companies
inNorth America whose rated life insurance subsidiaries hold Standard &
Poor's AAA Rated (extremely strong financial security characteristics, 1st
category of 8) and Moody's Aa1 Rated (excellent financial security, 2nd
category of 9)(1), both representing financial strength.
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 http://www.manulife.com.
The John Hancock unit, through its insurance companies, comprises one of
the largest life insurers inthe United States. JohnHancock offers a broad
range of financial products and services, including whole life, term life,
variable life, and universal life insurance, as well as college savings
products, fixed and variable annuities, long-term care insurance, mutual funds
and various forms of business insurance.
Both John Hancock Life Insurance Company (U.S.A.) and John Hancock Life
Insurance Company ofNew York do business under certain instances using the
John Hancock Retirement Plan Services name. Group annuity contracts are issued
by John Hancock Life Insurance Company (U.S.A.), 601 Congress Street,Boston,
MA 02116, which is licensed and offers products in all states, exceptNew
York. Product features and availability may differ by state. Group annuity
contracts and administrative services or record keeping agreements issued in
New York are only issued by John Hancock Life Insurance Company ofNew York,
100 Summit Lake Drive,Valhalla, New York 10595, which is licensed inNew
York.
(1) These ratings which are current as of February 15, 2008 and are
subject to change, apply to John Hancock Life Insurance Company
(U.S.A.) and its subsidiaries as a measure of the company's ability to
honor the death benefit and life annuitization guarantees, but not
specific to its products, the performance of these products, the value
of any investment in these products upon withdrawal or to individual
securities held in any portfolio. Insurance ratings do not apply to
the safety and performance of separate accounts. These ratings apply
to John Hancock Life Insurance Company (U.S.A.) and John Hancock Life
Insurance Company of New York with the exception of Moody's, which
does not rate John Hancock Life Insurance Company of New York.
SOURCE John Hancock Retirement Plan Services
Copyright © 2009, PRNewswire
Copyright © 2009, NewsBlaze,
Daily News
Tags: ,FIN,INS,MFD,PDT,SCZ,MA-Hancock-TPA-trning