Manulife Trust Services Ltd. amalgamates with Manulife Trust Company
On July 1, 2015, the plans and policies of the former Standard Life Assurance Company of Canada were assumed by Manulife. On December 23, 2015 the portion of a policy underwritten by Standard Life Assurance Limited as joint issuer with the Standard life Assurance Company of Canada was assumed by Manulife Assurance Company of Canada. On October 1, 2016, Manulife Trust Services Ltd. (formerly Standard Life Trust Company) amalgamated with Manulife Trust Company and will continue under the name Manulife Trust Company.
If your group retirement program makes use of a trust, no action is required on the part of your plans or your members as a result of the amalgamation.