John Hancock Retirement Plan Services Hires Two Regional Vice Presidents in Western Division

BOSTON, Aug. 12 /PRNewswire-FirstCall/ -- John Hancock Retirement Plan Services (RPS) announced today it has hired two regional vice presidents (RVPs) in its Western Division. Doug Ambrose has joined John Hancock RPS as RVP for the East Bay and North Bay in San Francisco and Candy Eiler has been hired as RVP in Seattle.

Ambrose joins the company with 20 years of sales experience in the financial services industry. Most recently a managing director for Mass Mutual Financial Services based in Walnut Creek, CA, Ambrose had been a wholesaler of retirement plan services in Northern California and Northern Nevada. Prior to that, he had been vice president in sales for Principal Financial Group responsible for retirement plan sales in Northern California.

"Doug has been successful in growing retirement plan services business in his region for many years," said Tom Bruns, Divisional Vice President, Western Division, John Hancock RPS. "We are very glad he's joined our team and know his extensive leadership and sales background will be an asset to our clients in the San Francisco region."

Eiler has nearly 15 years experience in financial services, with a concentration in retirement plans in the last 10. She was most recently a client service specialist for Panagiotu Pension Advisors, Inc. where she worked with Third Party Administrators (TPAs) to deliver her 350 clients a customized retirement plan that addressed their individual needs. Before that, Eiler worked for John Hancock RPS as a communication associate.

"We are excited Candy has re-joined John Hancock RPS in this sales role," said Bruns. "Her in-depth knowledge in working with clients, financial representatives and TPAs in our business will be very helpful as we expand our business in Seattle."

About John Hancock Retirement Plan Services

John Hancock Retirement Plan Services is one of the largest providers of 401(k) plans across all plan sizes among banks, mutual funds and insurers, according to CFO Magazine. (CFO Magazine 2010 401(k) Providers Survey, for year-end 2009. Published in May 2010).

About John Hancock Financial and Manulife Financial

John Hancock Financial is a unit of Manulife Financial Corporation, a leading Canadian-based financial services group serving millions of customers in 22 countries and territories worldwide. Operating as Manulife Financial in Canada and in most of Asia, and primarily as John Hancock in the United States, Manulife Financial Corporation offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. For more than 120 years, clients have looked to Manulife for strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Funds under management by Manulife Financial and its subsidiaries were Cdn$454 billion (US$428 billion) as at June 30, 2010.

Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.

The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers a broad range of financial products and services, including life insurance, fixed and variable annuities, fixed products, mutual funds, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance. Additional information about John Hancock may be found at www.johnhancock.com.

Both John Hancock Life Insurance Company (U.S.A.) and John Hancock Life Insurance Company of New York do business under certain instances using the John Hancock Retirement Plan Services name. Group annuity contracts and recordkeeping agreements are issued by: John Hancock Life Insurance Company (U.S.A.), Boston, MA 02210 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595.  Product features and availability may differ by state.

NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT INSURED BY ANY GOVERNMENT AGENCY

SOURCE John Hancock Retirement Plan Services