Sun Life Lowers Minimum Mutual Fund Investment to PhP1,000

By Doris Dumlao-Abadilla, Philippine Daily Inquirer The Philippine mutual fund management arm of Sun Life of Canada has lowered its minimum investment requirement for peso-denominated mutual funds to P1,000 from P5,000, aiming to reach out to a broader market. The reduction in the minimum investment to make mutual funds more affordable for start-up investors was announced […]
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Sun Life Financial Announces Executive Changes

Dean Connor, President and Chief Executive Officer of Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) (PSE: SLF), has announced two leadership changes in Canada that support the acceleration of the company’s Client 2020 strategy. The following appointments are effective January 15, 2018: 1. Kevin Dougherty, currently President, Sun Life Financial Canada, will become Executive […]
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SLAMCI Launches New Investor Education Campaign

Makati—(PHStocks)—Sun Life Asset Management Co. Inc. (SLAMCI), a subsidiary of Sun Life Financial Inc. (PSE: SLF), is launching a new investor education campaign in an effort to widen the Filipinos’ knowledge about investing in mutual funds. Dubbed “Make It Mutual,” the campaign will have SLAMCI ambassador Matteo Guidicelli starring in a series of vlogs (video […]
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Sun Life Ups Stake in Birla Sun Life Insurance to 49%

Mumbai, India and Toronto, Canada—(PHStocks)—Sun Life Financial Inc. (PSE: SLF) (TSX: SLF) (NYSE: SLF) has announced the completion of the transaction to increase its ownership in Birla Sun Life Insurance Co. Ltd (BSLI) from 26% to 49%. It purchased the additional BSLI shares from Aditya Birla Nuvo Ltd, a part of the Aditya Birla Group (ABG). The transaction was announced […]
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Sun Life Announces Intention to Redeem Series B Senior Unsecured 4.95% Fixed/Floating Debentures

Toronto—(PHStocks)—Sun Life Financial Inc. (PSE: SLF) (TSX: SLF) (NYSE: SLF) today announced its intention to redeem all of the outstanding $950 million principal amount of Series B Senior Unsecured 4.95% Fixed/Floating Debentures in accordance with the redemption terms attached to the Debentures. The Debentures are redeemable at Sun Life Financial Inc.’s option on June 1, 2016 at a […]
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Sun Life Financial to Acquire Remaining 51% of CIMB Sun Life in Indonesia

Toronto—(PHStocks)—Sun Life Financial Inc. (PSE: SLF) (TSX: SLF) (NYSE: SLF) today announced an agreement that will result in its 100% ownership of PT CIMB Sun Life (CSL) through the purchase of an additional 51% of CSL from its long-term partner, CIMB Group. Sun Life Financial currently owns 49% of CSL as well as 100% of PT Sun Life […]
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Sun Life Completes Acquisition of Assurant Unit

Toronto—(PHStocks)—Sun Life Financial Inc. (PSE: SLF) (TSX: SLF) (NYSE: SLF) has announced the completion of the purchase of the U.S. Employee Benefits business of Assurant Inc. (NYSE: AIZ). The acquired business adds new capabilities and scale and makes Sun Life Financial U.S. the sixth-largest group benefits business in the United States. The acquisition was announced on September 9, 2015. “Today is an […]
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