Welcome to our dedicated page for Sun Life Finl news (Ticker: SLF), a resource for investors and traders seeking the latest updates and insights on Sun Life Finl stock.
News for Sun Life Financial Inc. (SLF) reflects its role as an international financial services organization focused on asset management, wealth, insurance and health solutions for individual and institutional clients. Because Sun Life operates in Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda, its news flow spans multiple regions and business lines.
Investors and followers of SLF can expect regular updates on corporate announcements, including news releases furnished on Form 6-K, shareholder reports and other disclosures tied to its Form 40-F reporting framework. Coverage often highlights Sun Life’s asset management scale, its life and health insurance activities, and developments in its wealth and benefits businesses across different markets.
A significant portion of Sun Life’s recent news relates to Sun Life U.S., which is described as one of the largest providers of employee and government benefits in the United States. Articles cover topics such as employee benefits offerings (dental, vision, disability, absence management, life, supplemental health, medical stop-loss insurance and healthcare navigation), workplace culture and recognition as a top employer in various U.S. cities, and partnerships with organizations like the Boston Celtics, the Kansas City Royals Foundation and community health nonprofits.
Readers will also see stories about health access and philanthropy, including the Health Access Hero Awards administered by Sun Life U.S. and DentaQuest, and campaigns like #SunLifeDunk4Diabetes and Strikeout Diabetes that support diabetes prevention, oral health and community wellness programs. In addition, Sun Life issues news on technology and benefits education initiatives, such as making its benefits accessible on Pasito, an AI-powered benefits education and communications platform.
This news page aggregates these items so that investors, clients and observers can follow Sun Life’s corporate developments, benefits initiatives, community partnerships and regulatory news in one place.
Sun Life Financial Inc. (SLF) reported strong Q4 and annual results for 2021, with Q4 net income of $1,078 million, up 45% year-over-year. Annual net income increased 64% to $3,934 million. Underlying net income for Q4 grew 4% to $898 million, and 10% annually to $3,533 million. Key growth drivers included a 13% rise in insurance sales and a 15% increase in assets under management, totaling $1.4 trillion. The company aims for net-zero emissions by 2050 and has committed to a 20% dividend increase, ensuring strong shareholder returns.
Summary not available.
Sun Life U.S. has appointed Irlande Audenier as vice president of Group and Voluntary Claims. With over 20 years of experience in claims management, she aims to enhance the claims process and support employers in navigating paid and unpaid leaves. Audenier's leadership is expected to bolster Sun Life’s Work is Healthy (WisH) approach, aiding employee health and productivity. The move comes amid rising demand for comprehensive benefits, particularly post-pandemic, highlighting Sun Life's commitment to innovation in their service offerings.
Sun Life Financial Inc. (TSX: SLF) will announce its fourth quarter 2021 financial results on February 9, 2022, after market hours. A live earnings conference call is scheduled for the following day at 10:00 a.m. ET. The call can be accessed via a webcast or telephone. Sun Life, an international financial services provider, has total assets under management of $1.39 trillion as of September 30, 2021. The company operates in various global markets including Canada, the U.S., and Asia.
Summary not available.
Sun Life U.S. has partnered with Teledentistry.com to provide 24/7 virtual access to dental providers for its members. This service is included in dental coverage, allowing members to seek urgent dental care anytime, including emergencies. The collaboration aims to enhance accessibility to dental care, ensuring members can receive consultations quickly and potentially lower costs compared to emergency room visits. Teledentistry.com services are available to Sun Life Dental PPO plan members, improving the healthcare experience for thousands.
On December 31, 2021, Sun Life Financial Inc. (TSX: SLF; NYSE: SLF) completed the redemption of all outstanding Class A Non-Cumulative Rate Reset Preferred Shares Series 12R. This action reflects Sun Life's financial strategy and commitment to capital management. As of September 30, 2021, the company managed total assets worth $1.39 trillion, providing a strong foundation for its operations across various international markets including Canada, the U.S., and the U.K.
On December 16, 2021, Sun Life U.S. launched Sun Life Link, a suite of digital solutions aimed at streamlining benefits administration for employers. This initiative includes API integrations with major HCM and benefits systems, facilitating real-time data and automation for HR tasks. The connections enable faster insurance coverage confirmations for employees and allow HR teams to focus on strategic initiatives. With ongoing enhancements, Sun Life Link aims to address diverse employer needs and improve overall efficiency in benefits management.
On December 9, 2021, Sun Life Financial Inc. (TSX: SLF) announced that Bill Anderson will retire as Chair of the Board after the Annual Meeting on May 11, 2022. He will be succeeded by Scott Powers, who has been a director since 2015 and currently chairs the Governance Committee. Powers brings extensive experience in financial services and aims to further Sun Life's strategy focused on client-centric solutions. As of September 30, 2021, the company had total assets under management of $1.39 trillion, highlighting its significant market position.
MFS Investment Grade Municipal Trust (NYSE:CXH) has declared a long-term capital gain distribution of $0.04633 per share and a short-term capital gain distribution of $0.01932. Both distributions have an ex-dividend date of December 14, 2021 and a record date of December 15, 2021, with payments on December 31, 2021. Additionally, MFS Municipal Income Trust (NYSE:MFM) also announced a long-term capital gain distribution of $0.00254 per share, following the same ex-dividend and record dates.