The Globe and Mail reports in its Tuesday edition that Sun Life Financial's net income slipped in the second quarter on a restructuring charge while its adjusted net income rose. A Canadian Press dispatch to The Globe says the insurer had a net income of $646-million, down 2 per cent from the same quarter last year, as it took a $138-million restructuring charge related to efforts to improve productivity and drive earnings growth. The company says its adjusted or underlying net income was an even $1-billion, up from $920-million last year. It says the increased earnings reflected growth in Canada and Asia, while the U.S. division saw a small pullback in income related to Medicaid redeterminations in the dental program. Sun Life closed Monday at $65.94, down seven cents on the Toronto Stock Exchange.