Sun Life Global Investments continues to offer Canadians more choice in wealth-building solutions despite market uncertainties
TORONTO, October 14, 2022 /CNW/ – Today, Sun Life Global Investments announced the launch of a new partnership with B2B Bank, a wholly-owned subsidiary of Laurentian Bank, to provide Sun Life Global Investments clients with Registered Plan Loans. retirement savings (RRSP).
In partnership with B2B Bank, Sun Life Global Investments will offer new RRSP loans for its Sun Life Guaranteed Investment Funds (GIF) Solutions, one of Sun Life Global Investments’ segregated fund contract options.
The 2022 FP Canada™ Financial Stress Index reveals that 32% of respondents believe saving enough for retirement is a financial stressor, while 18% believe investing is a financial stressor. Sun Life Global Investments is committed to helping Canadians save for retirement by providing innovative solutions that can help alleviate financial stressors and manage risk.
“Building a secure financial future as rising interest rates and rising inflation strain planning and saving for retirement is a challenge,” says Oricia Smith, President, Sun Life Global Investments and Senior Vice President, Investment Solutions, Sun Life Canada. “It is extremely important to offer Canadians a wider choice of solutions that will help them build wealth. By adding this RRSP loan program to our already strong lineup of options, we can achieve our goal of helping Canadians achieve lifelong financial security and live healthier lives.
Sun GIF Solutions’ new RRSP loan program available now October 13, 2022combines the strong risk management culture of Sun Life Global Investments with the longstanding expertise of B2B Bank in investment lending.
“We are thrilled to partner with Sun Life, a leading Canadian company, to provide our customers with additional opportunities to build and protect their financial future,” said Andrew MacKillop, Vice President of Business Development at B2B Bank. “This will allow us to continue to change banking for the better, putting our customers first and becoming a more agile organization.”
Learn more about Sun GIF Solutions today.
Sun Life Global Investments is a trade name of SLGI Asset Management Inc., Sun Life Assurance Company of Canadaand Sun Life Financial Trust Inc., all of which are members of the Sun Life group of companies.
SLGI Asset Management Inc. is the investment manager of the Sun Life family of mutual funds; Sun Life, Life Assurance Company of Canada is the issuer of guaranteed insurance contracts, including annuities and segregated funds. Sun Life Financial Trust Inc. is the issuer of guaranteed investment certificates.
About SLGI Asset Management Inc.
SLGI Asset Management Inc. is a subsidiary of Sun Life Financial Inc. It offers Canadians a diverse range of mutual funds and innovative portfolio solutions, enabling them to pursue their financial goals at every stage of their lives. We unite the strength of one of from Canada the most trusted names in financial services, Sun Life, with some of the best asset managers from around the world to deliver a truly global investment platform. From June 30, 2022Sun Life Global Investments manages $51 billion on behalf of institutional investors and individuals from coast to coast and is a member of the Sun Life group of companies. For more information, visit www.sunlifeglobalinvestments.com or connect with us on Twitter @SLGI_Canada.
About Sun Life
Sun Life is a leading international financial services organization providing asset management, wealth management, insurance and health solutions to individual and institutional clients. Sun Life operates in a number of markets worldwide, including Canada, United Statesthe UK, Ireland, hong kong, The Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. From June 30, 2022Sun Life had total assets under management of $1.26 trillion. For more information, please visit www.sunlife.com.
Sun Life Financial Inc. trades at the Toronto (TSX), New York (NYSE) and the Philippine Stock Exchanges (PSE) under the symbol SLF.
About B2B Bank
B2B Bank is a wholly-owned subsidiary of Laurentian Bank of Canada which provides banking products to more than 15,000 financial advisors and brokers across Canada. At B2B Bank and Laurentian Bank, we believe we can improve banking services. Seeing beyond the numbers.
Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities prosper. Today, we have over 3,000 employees working together as one team, to provide a wide range of financial services and advisory solutions for clients across Canada and United States. We protect, manage and develop $490.8 billion in assets on the balance sheet and $270.8 billion in assets under administration.
We get results by putting our customers first, making the best choice, acting with courage and believing that everyone belongs.
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SOURCE SLGI Asset Management Inc.
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