Insights and Upcoming Group Retirement Services (GRS) Market Update

February 20, 2025

2025 is bringing major shifts nationally and internationally. Canada will have a new Prime Minister, and the new U.S. administration is aiming to reshape global trade, adding fresh uncertainty and disruption. Evolving monetary policies and currency fluctuations are reshaping the economic landscape.

Following the tariffs announcement last week, we saw a spike from plan members calling into the Client Solutions Center for support in the following areas:

  • Investment mix: plan members sought advice on adjusting portfolios due to tariffs, with some wanting to move to cash or money markets.
  • Timing of investments: plan members debated whether to invest now or wait for the tariffs to evolve.
  • Economic impact: Concerns about job losses in certain sectors arose.
  • General economic queries: Plan members questioned how tariffs might affect markets, industries, and growth.

Call volumes normalized quickly with the announcement of the delay in tariffs.

A reminder that plan members can reach out for support and guidance during these uncertain times with 360 Plan Advice or their Financial Advisors*.

Staying informed of these trends is more important than ever for capital accumulation plans.

Sun Life’s GRS Market Update Webinar is your opportunity to hear from investment and economic experts on the trends that matter to you and plan members.

Join us on March 27 from 1:00-2:00pm ET for a live webinar covering:

  • Economic outlook for 2025
  • Emerging secular forces within the global economy and implications for financial markets and portfolio strategy
  • How macroeconomic shifts affect investment portfolios

Angela Maitland, Investment Solutions Executive, Sun Life Group Retirement Services, is delighted to host the following speakers:

  • Frances Donald, Senior Vice President and Chief Economist, Royal Bank of Canada
  • Martin Gerber, Director, President and Chief Investment Officer, Head of Asset Allocation Connor, Clark and Lunn Investment Management Ltd.
  • Christine Tan, Assistant Vice-President, Portfolio Management Sun Life Global Investments

This webinar will also include a Q&A session. Live French translation will be available. 

Register now

 

We hope you can join us for this important conversation.

*Registered as financial security advisors in Quebec.