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Manulife Arm Forms Retirement Income Unit

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John Hancock has started a retirement income planning operation.

The new retirement income and rollover solutions unit will meet retirement income needs using John Hancock wealth management products and services, according to John Hancock, Boston, a unit of Manulife Financial Corp., Toronto.

Manulife has named David Longfritz to be general manager of the new retirement income unit.

Longfritz previously was senior vice president for marketing at the John Hancock annuities unit.