New National Task Force on Financial Literacy to be Chaired by Sun Life CEO, Minister of Finance Announces

    TORONTO, June 26 /CNW/ - Donald A. Stewart, Sun Life Financial Chief
Executive Officer, has been appointed Chairman of Canada's new, national Task
Force on Financial Literacy. The announcement was made today by Finance
Minister James Flaherty at a news conference in Toronto.
    "I have had a strong belief for many years on the need for individuals to
become empowered consumers of financial services," Stewart said. "So I was
delighted when the Government of Canada invited me - and a group of eminent
Canadians - to consider and report on ways to support all generations to grow
into knowledgeable managers of their personal savings, taxation, investments,
debt and protection."
    The Task Force will consult Canadians of all ages in all regions and
identify best global practices in advancing financial literacy. The Task Force
will provide information later this year on its plan of action and timetable
to deliver a report to the Minister of Finance late next year.
    In Canada's Economic Action Plan, the federal government made a clear
commitment to protect Canadians by establishing an independent Task Force to
make recommendations on a cohesive national strategy on financial literacy for
Canadians. For more information on Canada's Task Force on Financial Literacy,
please visit:

    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, 2009, the Sun Life Financial group of companies had total assets
under management of CDN$375 billion. For more information please visit
    Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and
Philippine (PSE) stock exchanges under ticker symbol SLF.

For further information:

For further information: Media Relations Contact: Steve Kee, Assistant
Vice-President, Communications, Tel: (416) 979-6237,

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