PETALING JAYA: Manulife has launched the Longevity Institute, a global platform that will seek to drive action to help people live longer, healthier and more financially secure lives.
Backed by a US$350 million (RM1.435 billion) commitment, the Longevity Institute will work to champion research, innovation and partnerships that will help people thrive at every age.
As a global leader in life insurance, asset management, and retirement planning, Manulife is deeply invested in the health and well-being of its customers.
“Empowering health, wealth, and longevity is central to Manulife’s bold new ambition. It aligns with our values and our commitment to the communities we operate in, and we are uniquely placed to help individuals and families navigate the growing gap between lifespan and healthspan,” said Manulife president and CEO Phil Witherington.
“For generations now, Manulife has supported customers at every stage of life, and we see a powerful opportunity to scale our expertise and help even more people live longer, healthier, better lives. Through the Longevity Institute, we will partner with organisations that share our purpose, unlock new insights, drive innovation and create a future where everyone can thrive, at any age.”
The Longevity Institute will focus on igniting global research and thought leadership to better understand how people can flourish as they live longer; accelerating innovation and advocacy through initiatives that promote health, wellness, and financial readiness; and investing in community partnerships that advance knowledge, promote equity, and drive action around longevity.
Manulife Asia president and CEO Steve Finch said, “With the demographic shifts in Asia, where one in four people will be over the age of 60 by 2050, it’s crucial to rethink traditional approaches to financial planning, health care, and workforce participation.
At Manulife, we are committed to driving innovation that promotes long-term financial resilience, equitable healthy aging, and lifelong fulfilment. By supporting early-stage innovations and providing comprehensive solutions, we aim to help people live better for longer and secure their financial futures.”
The Longevity Institute will build upon Manulife’s existing efforts to help more than 36 million customers improve their health and wealth. This work aims to drive to help people make everyday choices that support their physical, mental and emotional well-being – through better nutrition, early detection, movement and mental health support that fits into real life, and empower people to feel confident about their financial future, with tools, education and support that help them weather life’s ups and downs and build lasting financial security.
