TORONTO, May 16 /CNW/ - Sun Life Financial today announced the launch of
the new Sun Life Wellness Institute™ and a pioneering partnership with
the Richard Ivey School of Business to conduct research on the
return-on-investment of workplace wellness programs for Canadian
The Sun Life Wellness Institute is a health and wellness knowledge
exchange for Canadian employers, providing evidence and insight that
will help influence positive outcomes in the overall health and long
term well-being of working Canadians.
"Through the Sun Life Wellness Institute, we are pleased to invest in
research that is invaluable to Canadian employers, and the health and
wellness of their employees," said Senior Vice-President of Group
Benefits, Sun Life Financial Canada, Stuart Monteith. "We hope to
highlight the value of health and wellness for employers, employees,
and society, and the important role the Sun Life Wellness Institute
will play in encouraging Canadians to live healthier lifestyles."
The partnership with the Ivey Business School is the first major study
undertaken by the Sun Life Wellness Institute. The research will focus
on the expected costs and individual and organizational outcomes of
evidence-based workplace wellness programs. This type of multi-year
health and wellness study is a first in Canada, and will set the bar
for understanding the value of workplace wellness programs across the
The increasing number of Canadians' health concerns has more employers
considering workplace wellness programs. Although studies have been
conducted in other countries and on specific aspects of productivity,
this ground-breaking research will provide much needed quantifiable
evidence on the impact and benefits of workplace wellness programs on
the long-term health and well-being of Canadians.
"With Canadians spending about $192 billion on healthcare each year,
it's going to continue to be critical to bring down the costs. One way
to do that is to help Canadians be healthier. We think business can
have a positive impact on improving the health of working
Canadians. The results of these studies will help Canadian businesses
make informed, evidence-based decisions on workplace wellness," said
Michael Rouse, Assistant Professor, Richard Ivey School of Business and
the Ivey Centre for Health Innovation and Leadership.
Through partnerships, alliances, and sponsorships, the Sun Life Wellness
Institute will continue to collaborate with academic, scientific,
public, and independent institutions to lead research and advocacy in
workplace wellness and provide insights from leaders in the field.
In addition to research initiatives, the Sun Life Wellness Institute is
establishing an Advisory Council of leaders and key influencers to
provide insights, identify opportunities and challenges, share best
practices, participate in research activities, and enhance market
awareness of workplace health and wellness overall.
The work and findings from the Sun Life Wellness Institute will be
available through the website www.sunlife.ca/wellnessinstitute, and will include the following key highlights in 2011:
Canadian Health Index - an independent study that profiles the
attitudes, perceptions, and behaviours of Canadians and their health.
The first index was conducted in October 2010 with a coast-to-coast
survey of almost 4,000 Canadian adults.
Buffett National Wellness survey - an analysis of the status of worksite
wellness and health promotion in Canada, administered by Buffett &
Company Worksite Wellness Inc.
Richard Ivey School of Business research reports - these reports will
share findings from the preliminary empirical data review and other key
findings, including the return-on-investment results.
The Sun Life Wellness Institute is a part of Sun Life's overall health
and wellness program, which will include a number of initiatives
throughout the year designed to provide health and wellness information
to Canadians. It is also an integral part of an enterprise-wide thought
leadership program being initiated by Sun Life to improve the financial
literacy of Canadians. Sun Life is committed to helping people
understand the interaction between health and wealth, enabling people
to take action and make decisions to achieve optimal balance throughout
About Sun Life Financial
Sun Life Financial is a leading international financial services
organization providing a diverse range of protection and wealth
accumulation products and services to individuals and corporate
customers. Chartered in 1865, Sun Life Financial and its partners today
have operations in key markets worldwide, including Canada, the United
States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan,
Indonesia, India, China and Bermuda. As of March 31, 2011, the Sun Life
Financial group of companies had total assets under management of $469
billion. For more information please visit www.sunlife.com.
Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and
Philippine (PSE) stock exchanges under the ticker symbol SLF.
Note to Editors: All figures in Canadian dollars.
SOURCE Sun Life Financial Inc.
For further information:
Media Relations contact:
Manager, Media and Public Relations
Sun Life Financial Canada
Tel: 519-888-3900 ext. 4896