Welcome to our dedicated page for Sun Life Financial news (Ticker: SLF), a resource for investors and traders seeking the latest updates and insights on Sun Life Financial stock.
Sun Life Financial Inc. reports recurring developments across its international financial services business, including insurance, wealth, health and asset management solutions for individual and institutional clients. Company updates commonly cover quarterly results, assets under management, segment trends in Canada, the U.S., Asia and asset management, and the performance of Sun Life Asset Management and U.S. Health & Risk Solutions.
News also includes capital actions such as common and preferred share dividends, dividend reinvestment plan mechanics, director elections, annual meeting voting results, executive and governance matters, and partnership activity tied to health and community programs. Sun Life trades under SLF on the Toronto, New York and Philippine stock exchanges.
Sun Life (SLF) and the Kansas City Royals Foundation completed their first Every Single Smile campaign, reaching its $50,000 goal.
Each Royals single during the season triggered a donation from Sun Life and the foundation. The funds will help TeamSmile hold an additional dental clinic in Kansas City this December and support its Dental Home Project, which connects underserved youth with local dentists for ongoing and preventive care.
Sun Life Financial (SLF) intends to redeem all of its outstanding Series 2021-1 Subordinated Unsecured 2.46% Fixed/Floating Debentures, with a principal amount of $500 million, on November 18, 2026, in line with the debentures’ terms.
The redemption price per debenture will equal the principal amount plus accrued and unpaid interest to the redemption date. The redemption will be funded from existing cash and liquid assets, and formal notice will be delivered to debenture holders under the governing trust indenture.
Sun Life (SLF) will consolidate its Class A preferred share structure on September 30, 2026, following limited take-up of its conversion privilege between Series 10R and Series 11QR shares.
Holders elected to convert 1,400 of 6,838,672 Series 10R Shares into Series 11QR and 621,829 of 1,161,328 Series 11QR Shares into Series 10R. Because fewer than 1,000,000 Series 11QR Shares would remain, Sun Life will automatically convert all outstanding Series 11QR into Series 10R on a one-for-one basis and no further 10R-to-11QR conversion is permitted. As of September 30, 2026, there will be 8,000,000 Series 10R Shares and no Series 11QR Shares outstanding, with Series 10R listed on the TSX as SLF.PR.H. The Series 10R dividend rate for September 30, 2026–September 29, 2031 will be 5.519% per year, or $0.344938 per share quarterly, and the shares will be redeemable at $25.00 per share on September 30, 2031 and every fifth year thereafter, subject to regulatory approval.
Sun Life (SLF) has been named one of Hartford's Top Workplaces by the Hartford Courant for the sixth consecutive year. The recognition highlights Sun Life U.S.'s purpose-driven culture, flexible hybrid work model, and inclusive employee networks, as well as its expansive benefits such as menopause support, comprehensive paid family and medical leave, and sabbaticals every five years.
Sun Life (TSX/NYSE: SLF) has set new dividend rates for its Class A preferred shares. From September 30, 2026 to September 30, 2031, Series 10R will pay a fixed dividend of 5.519% per annum ($0.344938 per share quarterly). For Series 11QR, the quarterly dividend from September 30, 2026 to December 31, 2026 will be based on the T-Bill rate plus 2.17%, equal to 4.459% per annum ($0.280978 per share) for that period. Beneficial owners wishing to convert between Series 10R and 11QR must act through their broker by 5:00 p.m. ET on September 16, 2026.
Sun Life (TSX/NYSE/PSE: SLF) announced that President and CEO Kevin Strain will take part in a fireside chat at the Scotiabank Financials Summit with Mike Rizvanovic of Scotiabank on September 9, 2026 at 1:55 p.m. ET, accessible via Sun Life’s Investor Relations webcast page.
Sun Life (TSX/NYSE: SLF) and Wilton Re have agreed to form a strategic reinsurance and asset management partnership centered on a new affiliated reinsurer, Windsor Life Re, domiciled in the U.S. and Bermuda. Windsor Life Re will support Wilton Re’s in-force life and annuity block origination, reinsuring an initial in-force block of approximately US$1.7 billion from Wilton Re, with future business ceded on a quota share basis.
The partnership is expected to deploy about US$900 million of capital, with Sun Life and Wilton Re each providing roughly one-third of total equity. SLC Management, Sun Life’s institutional alternatives asset manager, will act as lead asset manager for Windsor Life Re’s investments and may manage up to US$10 billion at scale. The partnership launch is targeted for the first half of 2027, subject to regulatory approvals and customary closing conditions.
Sun Life (TSX/NYSE: SLF) announced it will not redeem its Class A preferred Series 10R and Series 11QR shares on September 30, 2026. Holders of each series may convert all or part of their shares one-for-one into the other series on that date, subject to minimum outstanding share conditions that can trigger automatic conversion.
The company will set new dividend rates for Series 10R (five-year term to September 29, 2031) and Series 11QR (three-month term to December 30, 2026) on August 31, 2026. The conversion election deadline is 5:00 p.m. ET on September 16, 2026. Subject to regulatory approval, Sun Life may redeem Series 10R and Series 11QR at specified cash amounts, generally $25.00 per share (or $25.50 for Series 11QR on non-scheduled dates) starting September 30, 2031, plus declared and unpaid dividends.
Sun Life (TSX/NYSE/PSE: SLF) announced that chair Scott Powers will retire from the Board of Directors after completing his full term, following the annual meeting on May 5, 2027. Subject to his re-election at that meeting, Joseph Natale, a director since February 2023, will succeed him as chair.
Natale currently chairs the Management Resource Committee and serves on the Risk Committee. He brings over 30 years of leadership experience, including prior roles as President and CEO of Rogers Communications and TELUS, as well as senior positions in global consulting. Sun Life reported $1.70 trillion in assets under management as of June 30, 2026.
Sun Life (TSX/NYSE: SLF) declared a quarterly common share dividend of $0.96 per share, payable on September 29, 2026 to shareholders of record on August 26, 2026, unchanged from the prior quarter. The Board also declared Q3 2026 dividends on multiple Class A preferred series, ranging from $0.185438 to $0.283121 per share, with the same payment and record dates. Common shares issued under the Canadian Dividend Reinvestment and Share Purchase Plan will be bought on the open market, and all dividends are designated as eligible dividends for Canadian tax purposes.