John Hancock Retirement Plan Services Hires Leo Reed as Regional Vice President, Eastern Region for Taft-Hartley Practice

BOSTON, March 20, 2018 /PRNewswire/ -- John Hancock Retirement Plan Services (JHRPS) hired Leo Reed as regional vice president, eastern region, for JHRPS' Taft-Hartley practice. In this role, he is responsible for Taft-Hartley plan sales. Reed reports to Nick McParland, national sales manager for Hancock's Mid/Large/Taft-Hartley markets.

Reed, who has more than 20 years of experience in The Taft-Hartley market, most recently served as head of Marketing and New Business Development for Scott's Cove Management, where he oversaw all marketing, new business development and investor relations. Prior to that, he served as managing director for Sales and Relationship Management at Logan Circle Partners/Fortress Investment Group where he marketed investment products to Taft-Hartley plans nationally.

"We are pleased Leo has brought his experience, successful track record and strong reputation to our team," said McParland. "He's known as someone who will be very supportive of the internal team while also advocating for his clients and their consultants and advisors. Leo will build upon our already strong reputation in the Taft-Hartley market."

Reed earned a bachelor's degree from Boston College and holds Series 7, 66, 31, 33 and Futures Branch Manager licenses.

John Hancock offers a Taft-Hartley retirement practice of dedicated, experienced retirement professionals – relationship managers, ERISA consultants, strategic communications consultants and investment services consultants – focused solely on union clients. The team works closely with consultants and trustees to help design and maintain retirement programs that make retirement planning relevant and engaging to members at different career stages.

John Hancock's Taft-Hartley practice team manages more than 97 union plans, $19 billion in assets, and 398,000 participants.¹

About John Hancock Retirement Plan Services

As of December 31, 2017, John Hancock Retirement Plan Services serviced over 57,000 plans with over 2.7 million participants and $164 billion in FUM Assets.²

About John Hancock and Manulife

John Hancock is a division of Manulife Financial Corporation, a leading international financial services group that helps people achieve their dreams and aspirations by putting customers' needs first and providing the right advice and solutions. We operate primarily as John Hancock in the United States, and Manulife elsewhere. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. Assets under management and administration by Manulife and its subsidiaries were over $1.04 trillion (US$829.4 billion) as of December 31, 2017. Manulife Financial Corporation trades as MFC on the TSX, NYSE, and PSE, and under 945 on the SEHK. Manulife can be found at manulife.com.

One of the largest life insurers in the United States, John Hancock supports approximately 10.7 million Americans with a broad range of financial products, including life insurance, annuities, investments, 401(k) plans, and college savings plans. We also offer advice through Signator, a network of independent financial advisors. Additional information about John Hancock may be found at johnhancock.com.

¹ As of December 31, 2017.

²John Hancock Retirement Plan Services consists of John Hancock Life Insurance Company (U.S.A.) (not licensed in New York), John Hancock Life Insurance Company of New York (licensed in New York), Valhalla, New York and John Hancock Retirement Plan Services, LLC. Approximate unaudited figures for John Hancock Retirement Plan Services division, provided on a U.S. statutory basis.

John Hancock Life Insurance Company (U.S.A.) (John Hancock USA), John Hancock Life Insurance Company of New York (John Hancock New York), and John Hancock Retirement Plan Services, LLC are collectively referred to as "John Hancock".

John Hancock Retirement Plan Services, Boston, MA 02210.

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SOURCE John Hancock Retirement Plan Services