May 5, 2020 / 9:51 PM / 23 days ago

BRIEF-Sun Life Has Seen Less Than 2% Of AUM Moved From Equities To Less Risky Funds In Canadian Retirement, Retail Wealth Businesses-CEO

May 5 (Reuters) - Sun Life Financial Inc:

* SUN LIFE HAS SEEN LESS THAN 2% OF ASSETS UNDER MANAGEMENT MOVED FROM EQUITIES TO LESS RISKY FUNDS IN CANADIAN RETIREMENT BUSINESS, RETAIL WEALTH BUSINESS-CEO

* COVID-19 PANDEMIC WILL MAKE THIS A CHALLENGING YEAR FOR LIFE INSURERS; EXPECT NEGATIVE IMPACT ON SALES, GROUP PREMIUM LEVELS, REVENUE FOR WEALTH, ASSET MANAGEMENT, MORE CREDIT HEADWINDS-SUN LIFE CEO Source text for Eikon: Further company coverage: (Reporting By Nichola Saminather)

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