Sun Life hosts Investor Day 2024 in Toronto

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Sun Life logo (CNW Group/Sun Life Financial Inc.)
Sun Life logo (CNW Group/Sun Life Financial Inc.)

TORONTO, Nov. 13, 2024 /CNW/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) ("the Company" or "Sun Life") will host Investor Day 2024 in Toronto today. During the event, Sun Life will showcase its winning track record, highlight progress made on its strategic priorities, detail updates to its Medium-Term Financial Objectives and Business Group targets and ultimately demonstrate how the Company is delivering for its Clients and investors.

Several members of Sun Life's Senior Management Team will host presentations and interactive discussions on topics including: digital leadership, Client impact, and insights into Sun Life's four business groups ─ Asset Management, Canada, U.S. and Asia, ─ all themed around Playing to Win.

"Over the past ten years, Sun Life's commitment to being a Purpose-driven company has not only delivered a robust track record of execution and financial performance, we've also showcased remarkable resilience in delivering a positive impact for our investors and Clients around the world," said Kevin Strain, President and CEO for Sun Life. "Our winning strategy anchored by our superior business mix has consistently played to win through organic growth, strategic acquisitions and partnerships. We're proud of the journey we've been on and the exciting future ahead for Sun Life as we continue to drive growth and value for all of our shareholders and Clients."

Mr. Strain added, "We're excited to elevate our focus with increases to the Company's Medium-Term Financial Objectives for Underlying Earnings Per Share (EPS)1 growth per annum to 10% and Underlying Return on Equity (ROE)1 to 20%, while reaffirming our Underlying Dividend Payout Ratio1 Medium-Term Financial Objective of 40-50%."

"Our focus on capital light businesses has supported strong capital generation, delivered exceptional returns and created value for Sun Life investors," said Tim Deacon, Executive Vice-President and CFO for Sun Life. "Our strong balance sheet is a cornerstone of strength and will continue to serve as a strategic lever for our next stage of growth."

Sun Life's Investor Day 2024 details are below:

Date: Wednesday, November 13, 2024
Time: 8:00 a.m.1:00 p.m. ET
Location: In person at 1 York St. 35th floor, Toronto and via live webcast online.
The webcast replay will be available after the event.

Research analysts attending in-person will have the opportunity to participate in live Q&A sessions. For more information on the event and to access the slides from each presentation, please visit our Sun Life Investor Day 2024 page.

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