Sun Life Financial Inc. · TSX:SLF
Sun Life Financial — Shareholder Meeting (May 2012)
26 slides from Sun Life Financial's shareholder meeting presentation, May 10, 2012
Slide 1: 12th Annual Meeting of Common Shareholders of Sun Life Financial Inc.
12th Annual Meeting of Common Shareholders of Sun Life Financial Inc. 141st Annual Meeting of Voting Policyholders and the Shareholder of Sun Life Assurance Company of Canada
Slide 2: Chairman of the Board: James H. Sutcliffe
May 10, 2012 James H. Sutcliffe Chairman of the Board Sun Life Financial
Slide 3: 12th Annual Meeting of Common Shareholders of Sun Life Financial Inc.
12th Annual Meeting of Common Shareholders of Sun Life Financial Inc. 141st Annual Meeting of Voting Policyholders and the Shareholder of Sun Life Assurance Company of Canada
Slide 4: Ballots
Ballots Blue Ballot – Sun Life Financial Inc. • Election of Directors • Appointment of the Auditor • By-law Amendments • Advisory Vote on Executive Compensation Yellow Ballot – Sun Life Assurance Company of Canada • Election of Policyholders’ Directors • Appointment of the Auditor • By-law Amendment
Slide 5: 12th Annual Meeting of Common Shareholders of Sun Life Financial Inc.
12th Annual Meeting of Common Shareholders of Sun Life Financial Inc. 141st Annual Meeting of Voting Policyholders and the Shareholder of Sun Life Assurance Company of Canada
Slide 6: Sun Life Financial Inc. Blue Ballot
Sun Life Financial Inc. Blue Ballot • Election of Directors • Appointment of the Auditor • By-law Amendments • Advisory Vote on Executive Compensation 6
Slide 7: 141st Annual Meeting of Voting Policyholders and the Shareholder
141st Annual Meeting of Voting Policyholders and the Shareholder of Sun Life Assurance Company of Canada
Slide 8: Sun Life Assurance Company of Canada Yellow Ballot
Sun Life Assurance Company of Canada Yellow Ballot • Election of Policyholders’ Directors Written Resolution • Election of Shareholders’ Directors Yellow Ballot • Appointment of the Auditor Yellow Ballot • By-law Amendments 8
Slide 9: Dean A. Connor, President and Chief Executive Officer
May 10, 2012 Dean A. Connor President and Chief Executive Officer Sun Life Financial
Slide 10: Recap of 2011
Recap of 2011 Excellent progress on many fronts Canada • Record life insurance sales • Sun Life Global Investments • Industry first mobile application U.S. • Launched Voluntary Benefits MFS • Outstanding investment performance • 2011 Lipper Fund Award for Best Overall Large Company Asia • China expa
Slide 11: Year of change in 2011
Year of change in 2011 Our four pillar growth strategy 11
Slide 12: Beliefs and principles
Beliefs and principles • Meet customer needs, become easier to do business with, preserve their trust • Generate returns through mortality, morbidity, longevity and fees; reduce interest and equity risk • Leverage • Diversified and balanced business • Execution Reduce volatility of results and incre
Slide 13: Q1 2012
Q1 2012 • Net operating income $727 million • Operating net income excluding market impact $357 million • MCCSR ratio at 213% -- strong capital • Adjusted premiums and deposits up 28% • Assets under management $494 billion 13
Slide 14: Canada
Canada • Group pension sales increased to $1.1 billion • Sun Life Global Investments continued rapid growth • Retirement market opportunity 14
Slide 15: United States
United States • Group Benefit sales up 15% • Hitting key milestones on Voluntary Benefits build-out 15
Slide 16: Asset Management
Asset Management • New sales record of $19 billion • Net flows of nearly $6 billion • $285 billion of assets under management • McLean Budden integration hitting key milestones 16
Slide 17: Asia
Asia • Sales up 27% across the region to $219 million of premium • In China, Sun Life Everbright selling in over 100 cities • Philippines increased sales by 36% • Grepa Life integration progressing well 17
Slide 18: Helping customers achieve lifetime financial security
Helping customers achieve lifetime financial security 18
Slide 19: The value of advice from a trusted provider
The value of advice from a trusted provider 19
Slide 20: The value of advice from a trusted provider
The value of advice from a trusted provider 50% Thinking about receiving retirement income, I am very confident I will be able to take care of basic living expenses. 40% 41% 30% very confident 20% 25% very confident 10% Don’t have a financial advisor Have a financial (n=2,272) advisor (n=1,351) 0% S
Slide 21: The value of advice from a trusted provider
The value of advice from a trusted provider $600,000 $500,000 Average net worth: $400,000 $555,000 64% better $300,000 $200,000 Average net $100,000 worth: $192,000 $0 Don’t have a Have a financial advisor financial advisor Source: Investment Funds Institute of Canada 21
Slide 22: Pension reform in Canada
Pension reform in Canada • Progress on the Pooled Retirement Pension Plan: Introduction of federal legislation Voluntary Retirement Savings Plans in Quebec • Provincial legislation 22
Slide 23: Dean A. Connor, President and Chief Executive Officer
May 10, 2012 Dean A. Connor President and Chief Executive Officer Sun Life Financial
Slide 24: 12th Annual Meeting of Common Shareholders of Sun Life Financial Inc.
12th Annual Meeting of Common Shareholders of Sun Life Financial Inc. 141st Annual Meeting of Voting Policyholders and the Shareholder of Sun Life Assurance Company of Canada
Slide 25: Questions
Questions Life’s brighter under the sun Life Financial
Slide 26: 12th Annual Meeting of Common Shareholders of Sun Life Financial Inc.
12th Annual Meeting of Common Shareholders of Sun Life Financial Inc. 141st Annual Meeting of Voting Policyholders and the Shareholder of Sun Life Assurance Company of Canada