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INSIDE THE MARKET : Time to take Manulife's IncomePlus payout?

Sep 22, 2018 - The Globe and Mail (Canada)

If you're part of the crowd who put money in Manulife Financial Corp.'s IncomePlus guaranteed retirement income product after it debuted in 2006, watch your mail for a surprising offer.

You can continue to hold IncomePlus, or move without penalties into the company's GIF Series 75 segregated (seg) funds with some money thrown in as a sweetener by Manulife. Yes, a major financial company is offering a bonus to get clients out of one of its products.

The knock on IncomePlus has always ...