Financial security

We aspire to increase the lifetime financial security of our Clients, employees and communities. We’re advancing financial security through innovative products, proactive education and improved access for underserved groups. 

Priority Sustainable Development Goal: #8 Decent Work and Economic Growth.

2020 highlights

  • USD $16.2 million in savings for Sun Life and our stop-loss Clients through our Clinical 360 program in the U.S. Combining data analytics and clinical experts, the program leads to better treatment outcomes for plan members and lower costs for our Clients.

  • ~120,000 microinsurance policies issued in Asia since 2018 –  improving access to affordable insurance for underserved and low-income people.

Financial security

Around the world, we see first-hand the importance of developing financial security.

The need to help people create more stable and secure financial futures is growing:

  • The World Economic Forum says retirees around the world will outlive their savings by a decade.1 It also says that women will fare worse.
  • The economic and social effects of the COVID-19 pandemic are putting increasing pressure on retirement savings.2
  • Many people around the world are underinsured or not insured at all.

2021 goals

  • Develop and champion innovative solutions that strengthen retirement security for Clients and promote the protection of plan members’ benefits
  • Support financial education among our Clients, employees and communities
  • Continue to help plan members close coverage gaps
  • Provide ideas and solutions that ensure every American has access to Paid Family and Medical Leave

Learn more about financial security in our annual sustainability report

2020 Sustainability Report

Read about our sustainability commitments in action:

Download the full report 

1 World Economic Forum. “Investing In (and for) Our Future”. June 2019.
2 Natixis Investment Managers. “2020 Global Retirement Index”. September 2020.