ManulifeInvestments has launched Manulife RetirementPlus, designed for people who are between five and 15 years from retirement.

Manulife RetirementPlus provides the opportunity for retirement savings growth through equity participation, the potential to benefit from rising interest rates and the option to choose a future guaranteed lifetime income-all within a single flexible contract.

"Manulife RetirementPlus is the first-of-its-kind in Canada to offer clients the opportunity to benefit from market upside potential and unprecedented flexibility to customize their retirement plan," said Paul Lorentz, executive vice president and general manager, Retail Markets in a statement. "Manulife RetirementPlus is another example of our forward thinking approach to the retirement solutions space."

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