John Hancock launches new fixed indexed annuity suite

BOSTON, Nov. 10, 2026 — John Hancock announced the upcoming launch of two fixed indexed annuities, Beacon Accumulation and Beacon Income, expanding its retirement product lineup with new solutions designed to help individuals address longer life expectancies and changing financial planning needs.

The company said the new Beacon annuity suite will provide financial professionals with additional options to help clients build personalized long-term financial plans.

According to the U.S. Census Bureau, the population age 60 and older is expected to double by 2050, with those 85 and older representing the fastest-growing segment of the population.

"As the realities of aging continue to evolve, customers need more robust, fulsome solutions that can support both longer lives and increasingly complex financial and other needs that come with those added years," said Brooks Tingle, president and CEO of John Hancock.

"The launch of our new fixed indexed annuities reflects our continued focus on expanding and diversifying our portfolio of offerings and reinforces our commitment to long-term growth, strong distribution partnerships and helping individuals prepare for the futures they want with greater confidence."

Beacon annuity suite

John Hancock said the new annuities are designed to support a variety of financial objectives.

• Beacon Accumulation is designed for individuals seeking asset growth potential tied to index performance while providing protection from market losses.
• Beacon Income is designed for individuals focused on generating reliable retirement income.

Both products include living benefit features for chronic, critical and terminal illnesses and are intended to provide additional liquidity and financial flexibility, including support for nursing home care.

Educational resources

John Hancock said annuity customers will also have access to educational resources currently available to life insurance customers, including:

• The Longevity Preparedness Index, developed in collaboration with the MIT AgeLab.
• LiveMore, the company's health and wellness publication focused on longevity, nutrition and fitness.

Leadership appointments

The company announced that Tony Teta will lead John Hancock's annuity business. Teta most recently served as head of in-force management and previously held leadership roles across finance, product, operations and technology.

Tad Fifer, who joined John Hancock from AmeriLife, is leading annuity sales and distribution. The company said Fifer brings more than 18 years of experience from Lincoln Financial Group and has been developing the firm's annuity sales strategy since joining the organization earlier this year.

"These new solutions reflect today's reality: individuals are living longer and facing new challenges and opportunities," Teta said. "These products can offer more choice and provide a strong foundation for both asset accumulation and retirement income, helping support long-term financial security as needs evolve."

John Hancock said the Beacon annuity suite will be available through its distribution partners.

About John Hancock

John Hancock is a unit of Manulife Financial Corp. and provides life insurance, annuities, wealth management and retirement solutions to more than 10 million Americans.