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Sun Life Financial Inc
Symbol SLF
Shares Issued 575,328,878
Close 2025-01-06 C$ 84.41
Market Cap C$ 48,563,510,592
Recent Sedar Documents

Globe says Sun Life joins others in advice for 2025

2025-01-07 08:25 ET - In the News

The Globe and Mail reports in its Tuesday edition that financial risk is on the rise as Donald Trump prepares to occupy the White House while outlining an economic agenda that could result in higher inflation. The Globe's Rob Carrick writes that Sun Life Financial's Thomas Wimmer is urging people to keep investing regularly and to ignore the commotion if there is a stock-market correction. If stocks fall, "be ready with cash." Financial planner Hervin Pesa said that while there will be a lot of talk about change and unprecedented events in 2025, the basics of personal finance remain the same: "Stay invested, stay focused and stay in control of the things you can control," he wrote. Aravind Sithamparapillai, an associate with Ironwood Wealth Management, focused on risks to your job and income as a result of layoffs. He suggested caution if you are leaving a job where you have seniority for a new position with a pay increase. "If you take that jump, you may want to juice your emergency fund," he wrote. Samantha Sykes, senior investment adviser at Raymond James, said: "January is always a good time to examine your relationship with your adviser. Ask yourself what's working and what isn't -- beyond investment returns."

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