Company proposes changes to trust agreements, distribution policies
After a tough 2011, Sun Life Financial says it has a multi-pronged plan to boost performance in several sectors by 2015
CEO earned $5.1 million in total compensation last year
Company says it will increase scale in wealth management, expand distribution in Asia
Insurer plans to unveil more details on its strategic review of operations during an investor day scheduled for March 8
Insurer takes $635 million one-time charge to exit from individual insurance products in the U.S.
Rating agency maintains negative outlook for the entire Sun Life group
Fitch affirms ratings Sun Life Financial and its Canadian life insurance subsidiary
Low interest rates and volatile stock markets in North America have pushed Canadian insurers to expand their ventures in emerging markets.
14 new funds; Guaranteed income for life starting at age 55