John Hancock, a unit of Manulife Financial Corp. (NYSE: MFC, TSX: MFC) is buying Symetra Investment Services for an undisclosed amount.

Bellevue, Wa.-based Symetra, which is being sold by Symetra Financial Corp. (NYSE: SYA), is a broker-dealer and investment advisory firm.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.