Decision follows strategic review
Innovation protects pension plans from unexpected increases in members’ life expectancy
Cuts reflect reduced earnings trends
Only 58% of Canadians are either preparing, or are currently prepared financially in case they get sick
New entity manages more than $30.4 billion in assets
Insurer suffered an overall net loss of $621 million in the third quarter
Quarterly loss is the first for the insurer in two years
Sun Life Financial named CARP’s recommended financial services partner
Outlook on Canadian ratings changes to negative
Losses related to substantial declines in both equity markets and interest rate levels