Coming soon: Changes to auto-transfer

April 30, 2026

Starting August 1, 2026, plan members will have quicker access to the advantages of Group Choices. This means, the auto-transfer will happen within 10 business days of the plan member leaving.  There’s no action required by them or you. Currently, under your plan we automatically transfer plan member assets to Group Choices 90-days after they leave.

About Sun Life Group Choices

Group Choices is a retirement savings solution that we offer to plan members leaving an employer. It’s designed to help them continue growing their savings after leaving their workplace plan.

Benefits for all

Providing - quicker auto-transfer benefits both you and plan members.

  • For you the plan sponsor, the employee leaving will move out of your plan faster. Sun Life assumes responsibility for supporting them as a Group Choices plan member. For any additional contributions that come in after they leave, we’ll also transfer those into the plan member’s Group Choices account. It’s quick and automatic. There’s no action required by you.
  • Plan members benefit by gaining peace of mind during their career transitions, as we’re removing financial decision-making pressures. This lets them focus on other priorities, from retirement lifestyle plans, to securing or adapting to new employment.

The quicker auto-transfer will also enhance their interactions with our Client Solutions Center (CSC). They can focus on their financial roadmap, rather than transactional discussions. With Group Choices, plan members will continue to have access to our licensed consultants* through 360 Plan Advice and maintain full access to Sun Life One Plan. Plan members will always have the option to leave Group Choices if their needs or preferences change.

The quicker auto-transfer applies to plans that have one or more of the following products:

  • Registered Retirement Savings Plans (RRSPs),
  • Locked-in Retirement Accounts (LIRAs).

We’ll notify existing plan members about this change with a message on mysunlife.ca.

Plan members leaving your plan will no longer receive an Options Package and will be notified by email and regular mail once their assets have been transferred into the Group Choices plan. They’ll continue to have the same flexibility with their assets, and their options will be outlined in our communications.

Next steps

Beginning August 1, 2026, RRSP group annuity policies and plan text amendments, as well as updated copies of the Employer Guide and Employee Booklet, can be obtained by contacting the Client Relationship Centre at CR.Centre@sunlife.com.

You can learn more about our Group Choices offering by visiting Sunlife.ca/Choices.

Have questions or need access to the plan sponsor website? We’re here to help.

Please reach out to the Client Relationship Centre at  CR.Centre@sunlife.com.

*Registered as financial security advisors in Quebec.