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Sun Life says it's set to profit from growing demand for pension risk transfer

2015-03-05 22:30:49| Telecom - Topix.net

Sun Life Financial hopes its deal to take on $5 billion of pension risk from BCE Inc. will bring it more business from pension plan sponsors looking to offset the possibility that retirees live longer than expected. The insurance company struck a deal this week to take on the longevity risk, the possibility that pensioners will live longer, from the Bell Canada Pension Plan.

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