'Let's get you there.' – Sun Life empowers
Canadians to achieve financial, physical and mental health
goals
TORONTO, Dec. 17, 2020 /CNW/ - 'New Year. New me' - Is a
popular saying Canadians use when they think about changing
behaviours and setting goals to start the New Year. This year has
tested Canadians' physical, mental and financial health in many
ways. As we welcome 2021, are Canadians making resolutions for the
year ahead? A recent Sun Life survey tells us Canadians are not
goal setting with 57 per cent having set zero goals for 2021.
Physical distancing from loved ones, working from home and
finding new ways to stay active, the list goes on. Canadians have
had to re-invent their routines and traditions repeatedly. Of the
43 per cent who have set goals for 2021, only 26 per cent have set
financial goals, 25 per cent have set physical health goals and 23
per cent have set mental health goals.
"We are living and working through the most significant health
crisis of our lifetime," said Rowena
Chan, President, Sun Life Financial Distributors
(Canada) Inc. and SVP,
Distribution. "This year has tested our physical, mental and
financial limits – setting new goals could feel overwhelming for
many Canadians. A great first step to feeling at ease about
physical, mental and financial health is creating a plan and
leaning on experts. Sun Life's network of advisors can help
Canadians navigate these uncertain times and create achievable
goals for the year ahead," Ms. Chan added.
Let's get you there. Holistic solutions to help realize your
goals
Since the pandemic began, younger Canadians have
demonstrated the greatest financial and mental health concerns.
Fifty per cent of those aged 18-34 report feeling less financially
secure and 68 per cent report their mental health being negatively
affected.
When it comes to goal setting for the New Year, those aged 18-34
are most likely to have set at least one financial goal (38%)
compared to 26 per cent of those aged 35-54 and 16 per cent of
those 55 years and older. Younger Canadians are also most
likely to set physical and mental health goals at 36 per cent and
42 per cent, respectively.
Acknowledging the value of advice, a growing number of those
aged 18-34, are seeking support through an advisor (18%), up from 6
per cent in July. Whether Canadians are interested in protecting
themselves and loved ones through insurance, needing to connect
with a health care practitioner or trying to build up savings, a
Sun Life advisor can offer health, wealth and protection advice –
and help turn that advice into action at any age.
"Sitting down with an advisor and discussing goals is the first
step in achieving lifetime financial security and living a
healthier life," said Angie MacLean,
Sun Life advisor. "My role as an advisor is so much more than just
financial planning; I take a holistic approach to understand my
Clients' needs and what is most important to them. Whether
Canadians' goals are big or small, an advisor can set Clients on
the right track to achieving them and help turn dreams into
reality."
In 2020, Sun Life launched the Advice for Life video series
highlighting the value of advice an advisor can bring to Clients.
Sun Life's national brand campaign 'Let's get you there.' focuses
on helping empower Canadians to achieve their financial, physical
and mental health goals.
About the survey
The survey is based on findings of an
Ipsos poll conducted between November 12-15,
2020. A sample of 1,000 Canadians was drawn from the Ipsos
I-Say online panel aged 18 and older. The data for Canadians
surveyed was weighted to ensure the sample's regional, age, and
gender composition reflects that of the actual Canadian population.
The precision of Ipsos online polls is measured using a credibility
interval. In this case, the poll is accurate to within +/- 3.5% at
95% confidence level had all Canadian adults been polled. All
sample surveys and polls may be subject to other sources of error,
including, but not limited to methodological change, coverage error
and measurement error.
About Sun Life
Sun Life is a leading international
financial services organization providing insurance, wealth and
asset management solutions to individual and corporate Clients. Sun
Life has operations in a number of markets worldwide, including
Canada, the United States, the United Kingdom, Ireland, Hong
Kong, the Philippines,
Japan, Indonesia, India, China,
Australia, Singapore, Vietnam, Malaysia and Bermuda. As of September 30, 2020, Sun Life had total assets
under management of $1,186 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
Media Relations
Contact:
Alessandra Nigro
Director, Corporate Communications
T. 416-979-4884
alessandra.nigro@sunlife.com
SOURCE Sun Life Financial Inc.