Sun Life – Benefits Canada.com https://uat-cumulus.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 16 Jan 2025 20:41:36 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Sun Life buying dental benefits provider, People Corporation acquiring digital wellness solution https://uat-cumulus.benefitscanada.com/benefits/health-benefits/sun-life-buying-dental-benefits-provider-people-corporation-acquiring-digital-wellness-solution/ Wed, 06 Oct 2021 13:00:41 +0000 https://www.benefitscanada.com/?p=108890 Sun Life is buying DentaQuest, a U.S.-based provider of dental benefits, for $3.1 billion. The company, which offers dental benefits through employers, will become part of Sun Life’s U.S. business. The insurer said the acquisition will more than double the size of its U.S. employee benefits business by revenue. DentaQuest currently has more than 33 million members in 36 […]

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]]> Sun Life completes acquisition of U.S. health-care provider https://uat-cumulus.benefitscanada.com/benefits/health-benefits/sun-life-completes-acquisition-of-u-s-health-care-provider/ Mon, 05 Jul 2021 19:30:16 +0000 https://www.benefitscanada.com/?p=103422 Sun Life Financial Inc. has completed its acquisition of PinnacleCare International Inc., a U.S. health-care navigation and medical intelligence provider. Based in Maryland, PinnacleCare has more than 170 employees and 20 years of experience helping people navigate their care options when facing a serious medical condition. It will become part of Sun Life’s U.S. stop-loss and […]

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]]> CAP plan sponsors focusing on learnings from first six months of pandemic https://uat-cumulus.benefitscanada.com/canadian-investment-review/cir-news/cap-plan-sponsors-focusing-on-learnings-from-first-six-months-of-pandemic/ Mon, 05 Oct 2020 09:53:11 +0000 https://cumulus.benefitscanada.com/uncategorized/cap-plan-sponsors-administrations-focusing-on-learnings-from-first-six-months-of-pandemic/ While many Canadians panicked and stocked up on toilet paper when a global pandemic was declared in March, most capital accumulation plan members stayed calm enough not to make fund changes, according to a webinar hosted by the Association of Canadian Pension Management on Thursday. “[We] found, overall, plan members appear to be staying the […]

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]]> Is it time for an asset-strategy check-up? https://uat-cumulus.benefitscanada.com/canadian-investment-review/strategies/is-it-time-for-an-asset-strategy-check-up/ Thu, 27 Aug 2020 04:14:00 +0000 https://cumulus.benefitscanada.com/uncategorized/is-it-time-for-an-asset-strategy-check-up/ At the time of my last column in May, many pension plan sponsors were catching their breath after watching funding levels take a roller coaster ride. After a steep drop earlier in the year, funding levels were slowly recovering. However, market uncertainty remained and it wasn’t clear what was coming next. Thankfully the last few […]

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]]> How West Fraser is taking a phased approach to pension plan annuitization https://uat-cumulus.benefitscanada.com/canadian-investment-review/db-investments/how-west-fraser-is-taking-a-phased-approach-to-pension-plan-annuitization/ Thu, 20 Feb 2020 04:49:13 +0000 https://cumulus.benefitscanada.com/uncategorized/how-west-fraser-is-taking-a-phased-approach-to-pension-plan-annuitization/ West Fraser Timber Co. Ltd. isn’t annuitizing multiple defined benefit plans to get out of the pension business. In fact, the British Columbia-based integrated wood products company is committed to DB. “We believe we get tremendous value out of our DB plans around recruitment and definitely around retention of our employees,” says Elaine Jensen, the […]

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]]> Sun Life to expand infrastructure expertise with investment in InfraRed https://uat-cumulus.benefitscanada.com/canadian-investment-review/alts/sun-life-to-expand-infrastructure-expertise-with-investment-in-infrared/ Thu, 19 Dec 2019 04:17:40 +0000 https://cumulus.benefitscanada.com/uncategorized/sun-life-to-expand-infrastructure-expertise-with-investment-in-infrared/ Sun Life Financial Inc. says it has committed about $1.05 billion for a deal that will give it majority ownership of London-based InfraRed Capital Partners, a global investment manager with a focus on infrastructure. Toronto-based Sun Life says it will pay the equivalent of $515 million (300 million pounds) to acquire 80 per cent of […]

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]]> Sun Life becomes first insurance company to offer sustainability bond https://uat-cumulus.benefitscanada.com/canadian-investment-review/fixed-income/sun-life-becomes-first-insurance-company-to-offer-sustainability-bond/ Fri, 09 Aug 2019 10:16:49 +0000 https://cumulus.benefitscanada.com/uncategorized/sun-life-becomes-first-insurance-company-to-offer-sustainability-bond/ While many financial institutions are issuing green bonds, Sun Life Financial is the first insurance company globally to issue a sustainability bond, which will cover investments in both green assets and other assets serving a broader social purpose. On Wednesday, Sun Life announced it’s issuing a $750 million principal amount of Series 2019-1 subordinated unsecured […]

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]]> All About Annuitization https://uat-cumulus.benefitscanada.com/uncategorized/all-about-annuitization/ Mon, 16 Jan 2017 18:15:32 +0000 https://cumulus.benefitscanada.com/uncategorized/all-about-annuitization/ Panel discussion on the challenges and benefits of annuities.

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]]> What’s Keeping Plan Sponsors Up At Night? https://uat-cumulus.benefitscanada.com/uncategorized/whats-keeping-plan-sponsors-up-at-night/ Thu, 10 Nov 2016 03:13:47 +0000 https://cumulus.benefitscanada.com/uncategorized/whats-keeping-plan-sponsors-up-at-night/ Roundtable on asset allocation reveals top concerns

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]]> Why It’s Time to Rethink the Role of Liquidity https://uat-cumulus.benefitscanada.com/uncategorized/why-its-time-to-rethink-the-role-of-liquidity/ Wed, 20 Apr 2016 12:19:54 +0000 https://cumulus.benefitscanada.com/uncategorized/why-its-time-to-rethink-the-role-of-liquidity/ Tough times mean plan sponsors can scale back on the liquidity.

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