Plan sponsors may wish to consider whether this investment news has any implications for the investment options available within their plans. Sun Life Assurance Company of Canada purchases units of the fund listed below. It is established as a segregated fund under the Insurance Companies Act (Canada).
Sun Life is removing the BlackRock Core Plus Bond segregated fund (“discontinued fund”) from the DB and DC Core Investment Platform. We made the decision due to lack of demand (no client assets) since its addition two years ago.
We will close the discontinued fund on December 15, 2021.
Questions?
Please contact your Sun Life Group Retirement Services representative.
