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Daily Archives: Jul 23, 2016

Sun Life pension deal creates mega group annuity

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It took about a year of discussions and negotiations; it was incredibly innovative and thought as the first available in Canada. But if this was throughout two Canadian pension funds – whose names have not been disclosed – paid Sun Life Assurance Company of Canada a combined one-time premium of $530 million and transferred so-called investment, longevity and inflation risk ...

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