Sun Life announces $114 million annuity purchases with Fraser Papers pension plans [Yahoo! Finance]
Sun Life Financial Inc. (SLF)
Last sun life financial inc. earnings: 2/12 05:01 pm
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Source: Yahoo! Finance
Sun Life logo (CNW Group/Sun Life Financial Inc.) TORONTO Nov. 12, 2025 /CNW/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) announced the successful completion of two annuity buy-in transactions totalling $114 million with the Board of Trustees of the two New Brunswick shared risk plans for former employees of Fraser Papers Inc. Advised by Paul Chang Consulting, this deal marks a turning point and eliminates further uncertainty for former Fraser Papers employees, whose pensions were impacted when the company filed for creditor protection under the Companies' Creditors Arrangement Act (CCAA) in 2009. The new agreement enables the termination of the shared risk plans and brings the CCAA process to an end for these plan members. "We're proud to have played a role in helping secure benefits for Fraser Papers' plan members," said Mathieu Tessier, Vice-President, Client Relationships & Innovation, Defined Benefit Solutions, Sun Life. "This transaction showcases our commitment to d
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SLF
Earnings
- 11/5/25 - Beat
SLF
Sec Filings
- 12/2/25 - Form 6-K
- 11/10/25 - Form 13F-HR
- 11/6/25 - Form 6-K
- SLF's page on the SEC website