Sun Life welcomes the outcome of the Finance Ministers' meeting in Whitehorse

TORONTO , Dec. 19 /CNW/ - Sun Life Financial Inc. (TSX/NYSE: SLF) today issued the following statement with respect to the Finance Ministers' meeting in Whitehorse:

Sun Life welcomes the outcome of the Finance Ministers' meeting in Whitehorse.

We congratulate the Ministers for their leadership and commitment to modernize Canada's retirement savings plan system, particularly as it pertains to increasing plan coverage for more working Canadians who do not currently have access to a company-sponsored pension plan.

The Whitehorse meeting represents a positive step forward on this critically important national issue, and we are pleased that government leaders have agreed to put in place a public policy consultation process that will consider a range of options, including approaches that would leverage world-class expertise, scale and innovation.

Sun Life looks forward to contributing to this public process, and remains committed to working with government to develop solutions.

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. Chartered in 1865, Sun Life Financial and its partners today have operations in key markets worldwide, including Canada , the United States , the United Kingdom , Ireland , Hong Kong , the Philippines , Japan , Indonesia , India , China and Bermuda . As of September 30, 2009 , the Sun Life Financial group of companies had total assets under management of CDN$412 billion. For more information please visit www.sunlife.com.

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

For further information: Media Relations Contact: Frank Switzer, Vice-President, Corporate Communications, Tel: [phone], Cell: [phone], [email protected]