Passage of VRSP bill: Sun Life Financial welcomes creation of this new tool to make saving easier for Quebecers

MONTREAL, Dec. 3, 2013 /CNW/ - Sun Life Financial extends congratulations to members of the National Assembly on passage of Bill n^o 39, officially creating new voluntary retirement savings plans (VRSPs).

A thought leader in the VRSP space from the beginning, Sun Life Financial applauds the work done by parliamentarians and in particular Minister Agnès Maltais and members of the Committee on Public Finance.

"Creation of a new and innovative savings tool like the VRSP naturally requires a thorough and meticulous legislative approach. We could clearly see from our participation in last September's parliamentary consultation that members were eager to create VRSPs that would best meet the savings needs of workers and also be simple for employers. We are very proud to have played a role in this process and look forward to offering our VRSP to Quebec workers, starting July 1, 2014," said Isabelle Hudon, president, Sun Life Financial, Quebec.

About Sun Life Financial

Sun Life Financial is a leading international financial services organization providing a diverse range of protection and wealth accumulation products and services to individuals and corporate customers. Sun Life Financial and its partners have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of September 30, 2013, the Sun Life Financial group of companies had total assets under management of CDN$590 billion. For more information, please visit http://www.sunlife.com.

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under ticker symbol "SLF".

SOURCE: Sun Life Financial Canada

Media contact:

Geneviève Jutras
Sun Life Financial
514-866-3361
[email protected]