Upcoming changes for Future Finder Clients

Changes to auto-transfer

Starting August 1, 2026 we’ll provide quicker access to Group Choices for plan members leaving their employer – without any action required by them or your Clients. Currently, for these Clients we automatically transfer the plan member’s assets to Group Choices 90 days after they leave.

Easing the Client burden

A quicker auto-rollover helps reduce plan sponsor responsibility. Within the first seven business days the exiting employee will move out of their workplace plan. This shifts the burden to Sun Life. We assume responsibility for supporting them as a Group Choices plan member.

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).

Benefits for plan members

With a quicker auto-rollover to Group Choices, we’ve eliminated the financial decision-making pressures for plan members. They can now focus on other priorities, from retirement lifestyle plans, to securing or adapting to new employment. This will also enhance their interactions with our Client Solutions Center (CSC). Plan members can focus on their financial roadmap, rather than transactional discussions.

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

Plan members 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.

If you’re a plan member servicing advisor, Group Choices commissions will apply immediately. You’ll have access to plan member information within the Advisor Secure Site under the Choices account(s).

Upcoming changes to fund line up

Sun Life periodically reviews the Future Finder fund line-up to ensure it meets Clients’ evolving needs.

Currently, Future Finder offer passive (index) funds managed by Blackrock and active funds managed by SLGI Asset Management Inc. (“SLGI”).  

As SLGI starts offering passive (index) funds in 2026, we are taking this opportunity to evolve the line-up by replacing most BlackRock Index funds with SLGI’s new Index funds. This change will happen in October 2026.

The SLGI’s Index funds have the same investment objective and benchmark as the BlackRock Index funds. State Street Global Advisors is the underlying manager of the SLGI Index funds. As a reminder, SLGI doesn’t pick individual stocks and bonds for their funds. They select and monitor other investment managers from around the world.

There’s no change to the active funds and the passive funds in the Global Equity and Specialty Assets categories.

Below is the comparison of the current and the new fund line up.