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/biz/ - Business & Finance


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50571095 No.50571095 [Reply] [Original]

Founded June 23, 1887; 135 years ago
I work for Manulife after they acquired Standardlife in 2015 and they are now reneging on all of their contracts. Their policies are holding requests for payouts for 30+ days for no reason beyond "legal department said so"
if you hold anything Manulife good luck
bankruptcy imminent

>> No.50571107

>>50571095
friend works for sinochem-manulife in china

is it going under for real?

more details anon

>> No.50571115 [DELETED] 

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>> No.50571170

>>50571107
we'll see. they're keeping all payouts in "pending" for 30+ days. that's bankruptcy imminant anon.
I get calls from people every day recalling saying their advisors put in 30 days ago for action, 40 days ago 60 days ago. and I forward it to legal and they do nothing but hold it in "pending"
beyond the people voiding their life insurance with the vaxx, they're refusing to payout saving portions to people regardless if they were or not.
everyone at work hardly knows anything and all the old people from the company quit over the last year. its about to go down super hard

>> No.50571226

>>50571170
interesting..you're right, it sounds pretty bad.

the sinochem division seems a bit detached and even if shit goes down they probably would survive, albeit battered, from what i know.

>> No.50571601
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50571601

>>50571095
source? and bump

>> No.50571643

>>50571095
>>50571170
Kek what happened, did they have crypto in their balance sheets?

>> No.50571833

Fuck Manulife - I used to work for them
>>50571095
Sorry to hear you still work for them. I worked for the john Hancock US division of Manulife. That place was a fucking hell hole. I left immediately after 1 year