Sun Life Financial

Sun Life and Boston Celtics #SunLifeDunk4Diabetes reaches $1 million goal for YMCA of Greater Boston

Retrieved on: 
Tuesday, December 5, 2023

BOSTON and WELLESLEY, Mass., Dec. 5, 2023 /PRNewswire/ -- Sun Life U.S. and the Boston Celtics have wrapped their tenth year of #SunLifeDunk4Diabetes , raising more than $1 million for the YMCA of Greater Boston to date.

Key Points: 
  • BOSTON and WELLESLEY, Mass., Dec. 5, 2023 /PRNewswire/ -- Sun Life U.S. and the Boston Celtics have wrapped their tenth year of #SunLifeDunk4Diabetes , raising more than $1 million for the YMCA of Greater Boston to date.
  • Each Celtics dunk in November raises $1,000, which is matched by the Boston Celtics Shamrock Foundation up to $25,000.
  • This year's #SunLifeDunk4Diabetes raised a record $175,000 for the YMCA of Greater Boston, bringing the total to more than $1 million over 10 years.
  • "Partnering with the Celtics to support the YMCA of Greater Boston is always rewarding and inspiring, as we get to see the wonderful impacts the Y has on the Greater Boston community," said Neil Haynes, senior vice president and CFO, Sun Life U.S., and board member of the YMCA of Greater Boston.

Sun Life is in the top ten for Boston Globe's Top Places to Work, receiving recognition for sixth consecutive year

Retrieved on: 
Thursday, November 30, 2023

This is Sun Life's sixth consecutive Top Places to Work recognition from the Boston Globe, based on employee feedback through surveys conducted by Energage, and information about benefits, employee culture, sustainability, and diversity, equity and inclusion (DE&I) programs.

Key Points: 
  • This is Sun Life's sixth consecutive Top Places to Work recognition from the Boston Globe, based on employee feedback through surveys conducted by Energage, and information about benefits, employee culture, sustainability, and diversity, equity and inclusion (DE&I) programs.
  • We're thrilled to make the Boston Globe's list once again, as we continue focusing on retaining and recruiting top talent."
  • In July, Sun Life U.S. re-opened its Boston-area office in Wellesley, the largest of its seven major office hubs.
  • Globally, Sun Life was named one of the World's Best Companies for Women by Forbes in 2023.

WELL Ventures Reports a New Investment and Successful Follow-on Fundraising Activity in its Portfolio with High Quality Capital Allocators

Retrieved on: 
Thursday, November 30, 2023

WELL Ventures is pleased to report that its portfolio companies continue to raise funds at attractive valuations with high quality capital allocators globally.

Key Points: 
  • WELL Ventures is pleased to report that its portfolio companies continue to raise funds at attractive valuations with high quality capital allocators globally.
  • The Round was led by Dusseldorf based Simon Capital and included participation from Geschwister Oetker Beteiligungen KG, UNIQA Ventures and WELL's investee HEALWELL AI (TSX: AIDX).
  • WELL Ventures is pleased to announce its investment in ORX AI, a leader in AI healthcare technology, under its AI Investment Program.
  • For additional information about WELL Ventures, its portfolio companies, and its AI investment program please visit https://well.ventures/ .

Sun Life Global Investments' Oricia Smith named one of Wealth Professional's Top 50 Leading Women in Wealth

Retrieved on: 
Wednesday, November 29, 2023

This strategy is powering Sun Life Global Investments in becoming one of the fastest-growing retail and institutional managers in Canada."

Key Points: 
  • This strategy is powering Sun Life Global Investments in becoming one of the fastest-growing retail and institutional managers in Canada."
  • Oricia has been at the forefront of Sun Life Global Investments' Client-centric business model, delivering tailored and sustainable retirement solutions and products.
  • Leading both an asset management company and an insured wealth product business, Oricia oversees investment outcomes totaling over $54B of Clients' capital.
  • As responsible stewards of capital, Oricia is leading Sun Life Global Investments to advocate for industry-wide change to keep the planet healthy and economies strong.

Sun Life invests in virtual pharmacy Pillway to make it easier for Canadians to live healthier

Retrieved on: 
Tuesday, November 28, 2023

"With over 50% of Canadians taking at least one prescription drug a month1, access to medications and pharmacy care is critical.

Key Points: 
  • "With over 50% of Canadians taking at least one prescription drug a month1, access to medications and pharmacy care is critical.
  • For those caring for their loved ones, helping with medication management and adherence is equally as important," said Dave Jones, President, Sun Life Health.
  • The team at Pillway has the pharmacy expertise and services to help Canadians, regardless of where they are in their health journey."
  • In June 2023, Sun Life launched the Lumino Health™ Pharmacy app, with the technology platform and  pharmacy services provided by Pillway.

Can you guarantee your retirement income if you live until 75? What about 100? Sun Life can help make it possible

Retrieved on: 
Tuesday, November 21, 2023

Sun Life takes steps to empower, educate and inspire Canadians to achieve equity and plan for a prosperous retirement.

Key Points: 
  • Sun Life takes steps to empower, educate and inspire Canadians to achieve equity and plan for a prosperous retirement.
  • "At Sun Life Global Investments, we're focused on helping Canadians build wealth and manage their financial risks.
  • But, according to the recent Sun Life survey, only 12% of Boomer women own at least one guaranteed income retirement product, compared to 24% of Boomer men.
  • Life looks different when you save for retirement: No matter what life stage you're in, now is the time to prepare for retirement.

Planning to leave an inheritance? Time to clear the heir. Boomers and Millennials aren't on the same page about inheritance plans

Retrieved on: 
Tuesday, November 7, 2023

A recent survey conducted by Ipsos for Sun Life revealed that Boomers intend to leave a much greater inheritance than Millennials are expecting to receive.

Key Points: 
  • A recent survey conducted by Ipsos for Sun Life revealed that Boomers intend to leave a much greater inheritance than Millennials are expecting to receive.
  • Boomers who cite they are giving 100% of their inheritance to their child(ren) intend to leave an average amount of $940,000 compared to the average $309,000 Millennials expect to receive.
  • This gap increases when Boomers work with a financial advisor and expect to leave just over one million dollars.
  • "It's important for Boomers and Millennials alike to have transparent conversations about estate planning and it pays to start early.

Aktivolabs joins Innovators’ Network at American Heart Association Center for Health Technology & Innovation

Retrieved on: 
Wednesday, November 1, 2023

Aktivolabs, a digital health science company on a mission to prevent chronic diseases globally, announced today it has joined the American Heart Association Center for Health Technology & Innovation (the Center) Innovators’ Network.

Key Points: 
  • Aktivolabs, a digital health science company on a mission to prevent chronic diseases globally, announced today it has joined the American Heart Association Center for Health Technology & Innovation (the Center) Innovators’ Network.
  • The Center is focused on building and fostering health technology relationships to develop innovative and scalable solutions.
  • View the full release here: https://www.businesswire.com/news/home/20231101510432/en/
    Aktivolabs has become a member of the American Heart Association Center for Health Technology and Innovation called the Innovators Network.
  • “Joining the Innovators’ Network gives members the opportunity to leverage the consortium and work toward broadening and deepening their engagement in this arena.”
    “Akitvolabs is honored to be a Digital Health Science company within the American Heart Association Center for Health Technology and Innovation,” says Gourab Mukherjee, Co-Founder and CEO of Aktivolabs.

Sun Life and the Boston Celtics renew partnership and celebrate 10th anniversary of #SunLifeDunk4Diabetes

Retrieved on: 
Wednesday, November 1, 2023

WELLESLEY, Mass., Nov. 1, 2023 /PRNewswire/ -- Sun Life has renewed as an Official Partner of the Boston Celtics through the 2027-2028 season, collaborating on community programming in Greater Boston and Southern Maine.

Key Points: 
  • WELLESLEY, Mass., Nov. 1, 2023 /PRNewswire/ -- Sun Life has renewed as an Official Partner of the Boston Celtics through the 2027-2028 season, collaborating on community programming in Greater Boston and Southern Maine.
  • November also marks the 10th annual #SunLifeDunk4Diabetes fundraising campaign with the Celtics, which coincides with Diabetes Awareness Month.
  • As part of the #SunLifeDunk4Diabetes campaign that tips off today, Sun Life will donate $1,000 to the YMCA of Greater Boston for every Boston Celtics dunk made throughout the month.
  • Additionally, Sun Life and the Celtics will continue to host the annual Fit to Win program, a four-week fitness and nutrition initiative for kids at YMCAs in Greater Boston.

One-third of Canadian Boomers say costs related to their health are driving their monthly retirement living expenses higher than planned

Retrieved on: 
Wednesday, November 1, 2023

Housing costs (31%) and market volatility (23%) round out the top four reasons Boomers say their cost of living is higher than anticipated.

Key Points: 
  • Housing costs (31%) and market volatility (23%) round out the top four reasons Boomers say their cost of living is higher than anticipated.
  • "Many retirees are not prepared or aware of the out-of-pocket medical expenses in retirement," said Jacques Goulet, President, Sun Life Canada.
  • "These costs can have a significant effect on retirement, especially for those living with a chronic physical or mental health condition that requires ongoing treatment.
  • While Boomers are facing the reality of health care costs in retirement, Millennials are following in similar footsteps.