John Hancock has created a retirement income and rollover solutions business unit.
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The unit will draw from the Boston company's wealth management businesses, offering annuities, mutual funds, and 401(k) products to help customers create retirement plans.
David Longfritz was named a senior vice president of the unit and its general manager. Mr. Longfritz, 46, had been a senior vice president of marketing for John Hancock Annuities, where he was the top marketing executive for more than six years. He started his new job Feb. 20, Hancock announced Monday.
John Hancock is a subsidiary of Manulife Financial Corp. of Toronto. Manulife had $355 billion of assets under management at the end of 2006.
