Annual Report (foreign Private Issuer) (40-f)

Name	Symbol	Market	Type
Sun Life Financial Inc (PK)	USOTC:SUNFF	OTCMarkets	Preference Share

	Price Change	% Change	Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.00	0.00%	11.9489	10.59	24.24				0.00	11:44:28

00010973622022FYFALSE38524840317015six years508184906671,070423812.543036229736.512710090Two0.000.050.000.050.000.050.000.051,000,0001,000,0001526000010973622022-01-012022-12-310001097362dei:BusinessContactMember2022-01-012022-12-310001097362ifrs-full:OrdinarySharesMember2022-12-31xbrli:shares0001097362slf:PreferenceSharesClassASeries3Member2022-12-310001097362slf:PreferenceSharesClassASeries4Member2022-12-310001097362slf:PreferenceSharesClassASeries5Member2022-12-310001097362slf:PreferenceSharesClassASeries8RMember2022-12-310001097362slf:PreferenceSharesClassASeries9QRMember2022-12-310001097362slf:PreferenceSharesClassASeries10RMember2022-12-310001097362slf:PreferenceSharesClassASeries11QRMember2022-12-310001097362slf:PreferenceSharesClassASeries14Member2022-12-31iso4217:CAD00010973622021-01-012021-12-31iso4217:USDxbrli:sharesiso4217:CADxbrli:shares00010973622022-12-3100010973622021-12-310001097362ifrs-full:PreferenceSharesMemberifrs-full:IssuedCapitalMember2021-12-310001097362ifrs-full:PreferenceSharesMemberifrs-full:IssuedCapitalMember2020-12-310001097362ifrs-full:PreferenceSharesMemberifrs-full:IssuedCapitalMember2022-01-012022-12-310001097362ifrs-full:PreferenceSharesMemberifrs-full:IssuedCapitalMember2021-01-012021-12-310001097362ifrs-full:PreferenceSharesMemberifrs-full:IssuedCapitalMember2022-12-310001097362ifrs-full:IssuedCapitalMemberifrs-full:OrdinarySharesMember2021-12-310001097362ifrs-full:IssuedCapitalMemberifrs-full:OrdinarySharesMember2020-12-310001097362ifrs-full:IssuedCapitalMemberifrs-full:OrdinarySharesMember2022-01-012022-12-310001097362ifrs-full:IssuedCapitalMemberifrs-full:OrdinarySharesMember2021-01-012021-12-310001097362ifrs-full:IssuedCapitalMemberifrs-full:OrdinarySharesMember2022-12-310001097362ifrs-full:AdditionalPaidinCapitalMember2021-12-310001097362ifrs-full:AdditionalPaidinCapitalMember2020-12-310001097362ifrs-full:AdditionalPaidinCapitalMember2022-01-012022-12-310001097362ifrs-full:AdditionalPaidinCapitalMember2021-01-012021-12-310001097362ifrs-full:AdditionalPaidinCapitalMember2022-12-310001097362ifrs-full:RetainedEarningsMember2021-12-310001097362ifrs-full:RetainedEarningsMember2020-12-310001097362ifrs-full:RetainedEarningsMember2022-01-012022-12-310001097362ifrs-full:RetainedEarningsMember2021-01-012021-12-310001097362ifrs-full:RetainedEarningsMemberifrs-full:OrdinarySharesMember2022-01-012022-12-310001097362ifrs-full:RetainedEarningsMemberifrs-full:OrdinarySharesMember2021-01-012021-12-310001097362ifrs-full:RetainedEarningsMemberifrs-full:PreferenceSharesMember2022-01-012022-12-310001097362ifrs-full:RetainedEarningsMemberifrs-full:PreferenceSharesMember2021-01-012021-12-310001097362ifrs-full:RetainedEarningsMember2022-12-310001097362ifrs-full:AccumulatedOtherComprehensiveIncomeMember2021-12-310001097362ifrs-full:AccumulatedOtherComprehensiveIncomeMember2020-12-310001097362ifrs-full:AccumulatedOtherComprehensiveIncomeMember2022-01-012022-12-310001097362ifrs-full:AccumulatedOtherComprehensiveIncomeMember2021-01-012021-12-310001097362ifrs-full:AccumulatedOtherComprehensiveIncomeMember2022-12-310001097362ifrs-full:EquityAttributableToOwnersOfParentMember2022-12-310001097362ifrs-full:EquityAttributableToOwnersOfParentMember2021-12-310001097362slf:ParticipatingPolicyholdersMember2021-12-310001097362slf:ParticipatingPolicyholdersMember2020-12-310001097362slf:ParticipatingPolicyholdersMember2022-01-012022-12-310001097362slf:ParticipatingPolicyholdersMember2021-01-012021-12-310001097362slf:ParticipatingPolicyholdersMember2022-12-310001097362ifrs-full:NoncontrollingInterestsMember2021-12-310001097362ifrs-full:NoncontrollingInterestsMember2020-12-310001097362ifrs-full:NoncontrollingInterestsMember2022-01-012022-12-310001097362ifrs-full:NoncontrollingInterestsMember2021-01-012021-12-310001097362ifrs-full:NoncontrollingInterestsMember2022-12-3100010973622020-12-310001097362slf:OwnerOccupiedPropertiesMemberifrs-full:BottomOfRangeMember2022-01-012022-12-310001097362ifrs-full:TopOfRangeMemberslf:OwnerOccupiedPropertiesMember2022-01-012022-12-310001097362slf:FurnitureComputersAndOtherOfficeEquipmentAndLeaseholdImprovementsMemberifrs-full:BottomOfRangeMember2022-01-012022-12-310001097362slf:FurnitureComputersAndOtherOfficeEquipmentAndLeaseholdImprovementsMemberifrs-full:TopOfRangeMember2022-01-012022-12-310001097362slf:FiniteLifeIntangibleAssetsMemberifrs-full:TopOfRangeMember2022-01-012022-12-310001097362slf:InterbankOfferedRateMember2022-12-310001097362slf:InterbankOfferedRateMember2021-12-310001097362slf:CanadianDollarOfferedRateCDORMember2022-12-310001097362slf:CanadianDollarOfferedRateCDORMember2022-06-300001097362srt:ScenarioPreviouslyReportedMember2021-12-310001097362slf:RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentIFRS9Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2021-12-310001097362slf:RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentIFRS17Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2021-12-310001097362slf:RevisionOfPriorPeriodAccountingStandardsUpdateOtherMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2021-12-310001097362slf:RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentAsRevisedMember2021-12-310001097362slf:RevisionOfPriorPeriodAccountingStandardsUpdateAdjustmentIFRS17Member2021-12-310001097362ifrs-full:DisposalGroupsClassifiedAsHeldForSaleMemberslf:SunLifeUKMember2022-12-31iso4217:GBP0001097362ifrs-full:DisposalGroupsClassifiedAsHeldForSaleMemberslf:SunLifeUKMemberifrs-full:GoodwillMember2022-01-012022-12-310001097362slf:AdvisorsAssetManagementIncMember2022-06-01xbrli:pure0001097362slf:AdvisorsAssetManagementIncMember2022-09-01iso4217:USD0001097362slf:DentaQuestMember2022-06-010001097362slf:DentaQuestMember2022-01-012022-12-310001097362slf:DentaQuestMember2022-06-012022-12-310001097362slf:PinnacleCareInternationalIncMember2021-07-010001097362slf:CrescentCapitalGroupLPMember2021-01-050001097362slf:CrescentCapitalGroupLPMember2022-01-012022-12-310001097362slf:CrescentCapitalGroupLPSharePurchaseMember2021-01-050001097362slf:CrescentCapitalGroupLPPutOptionAdjustmentsMember2021-01-050001097362slf:ContingentConsiderationLiabilityMemberslf:CrescentCapitalGroupLPSharePurchaseMember2021-01-050001097362slf:ContingentConsiderationLiabilityMemberslf:CrescentCapitalGroupLPPutOptionAdjustmentsMember2021-01-050001097362slf:ContingentConsiderationLiabilityMemberslf:CrescentCapitalGroupLPMember2021-01-050001097362slf:PutOptionLiabilityMemberslf:CrescentCapitalGroupLPSharePurchaseMember2021-01-050001097362slf:PutOptionLiabilityMemberslf:CrescentCapitalGroupLPPutOptionAdjustmentsMember2021-01-050001097362slf:PutOptionLiabilityMemberslf:CrescentCapitalGroupLPMember2021-01-050001097362slf:CrescentCapitalGroupLPMinorityShareholdersMember2021-01-050001097362slf:FWDLifeInsuranceCompanyBermudaLimitedMember2021-02-012021-02-010001097362slf:AsiaCommercialJointStockBankMember2021-01-012021-01-010001097362slf:AsiaCommercialJointStockBankMember2021-01-310001097362slf:PTBankCIMBNiagaTbkMember2022-04-052022-04-050001097362slf:PTBankCIMBNiagaTbkMember2022-06-300001097362slf:PTBankCIMBNiagaTbkMembersrt:ScenarioForecastMember2025-06-30slf:segment0001097362slf:SunLifeCanadaMemberslf:AnnuitiesMemberifrs-full:OperatingSegmentsMember2022-01-012022-12-310001097362slf:SunLifeFinancialUnitedStatesMemberslf:AnnuitiesMemberifrs-full:OperatingSegmentsMember2022-01-012022-12-310001097362slf:AnnuitiesMemberifrs-full:OperatingSegmentsMemberslf:SunLifeFinancialAssetManagementMember2022-01-012022-12-310001097362slf:SunLifeFinancialAsiaMemberslf:AnnuitiesMemberifrs-full:OperatingSegmentsMember2022-01-012022-12-310001097362slf:SunLifeFinancialCorporateMemberslf:AnnuitiesMemberifrs-full:OperatingSegmentsMember2022-01-012022-12-310001097362slf:AnnuitiesMemberifrs-full:EliminationOfIntersegmentAmountsMember2022-01-012022-12-310001097362slf:AnnuitiesMember2022-01-012022-12-310001097362slf:SunLifeCanadaMemberifrs-full:OperatingSegmentsMemberslf:LifeInsuranceMember2022-01-012022-12-310001097362slf:SunLifeFinancialUnitedStatesMemberifrs-full:OperatingSegmentsMemberslf:LifeInsuranceMember2022-01-012022-12-310001097362ifrs-full:OperatingSegmentsMemberslf:LifeInsuranceMemberslf:SunLifeFinancialAssetManagementMember2022-01-012022-12-310001097362slf:SunLifeFinancialAsiaMemberifrs-full:OperatingSegmentsMemberslf:LifeInsuranceMember2022-01-012022-12-310001097362slf:SunLifeFinancialCorporateMemberifrs-full:OperatingSegmentsMemberslf:LifeInsuranceMember2022-01-012022-12-310001097362slf:LifeInsuranceMemberifrs-full:EliminationOfIntersegmentAmountsMember2022-01-012022-12-310001097362slf:LifeInsuranceMember2022-01-012022-12-310001097362slf:HealthInsuranceMemberslf:SunLifeCanadaMemberifrs-full:OperatingSegmentsMember2022-01-012022-12-310001097362slf:HealthInsuranceMemberslf:SunLifeFinancialUnitedStatesMemberifrs-full:OperatingSegmentsMember2022-01-012022-12-310001097362slf:HealthInsuranceMemberifrs-full:OperatingSegmentsMemberslf:SunLifeFinancialAssetManagementMember2022-01-012022-12-310001097362slf:HealthInsuranceMemberslf:SunLifeFinancialAsiaMemberifrs-full:OperatingSegmentsMember2022-01-012022-12-310001097362slf:HealthInsuranceMemberslf:SunLifeFinancialCorporateMemberifrs-full:OperatingSegmentsMember2022-01-012022-12-310001097362slf:HealthInsuranceMemberifrs-full:EliminationOfIntersegmentAmountsMember2022-01-012022-12-310001097362slf:HealthInsuranceMember2022-01-012022-12-310001097362slf:SunLifeCanadaMemberifrs-full:OperatingSegmentsMember2022-01-012022-12-310001097362slf:SunLifeFinancialUnitedStatesMemberifrs-full:OperatingSegmentsMember2022-01-012022-12-310001097362ifrs-full:OperatingSegmentsMemberslf:SunLifeFinancialAssetManagementMember2022-01-012022-12-310001097362slf:SunLifeFinancialAsiaMemberifrs-full:OperatingSegmentsMember2022-01-012022-12-310001097362slf:SunLifeFinancialCorporateMemberifrs-full:OperatingSegmentsMember2022-01-012022-12-310001097362ifrs-full:EliminationOfIntersegmentAmountsMember2022-01-012022-12-310001097362slf:SunLifeCanadaMemberslf:AnnuitiesMemberifrs-full:OperatingSegmentsMember2021-01-012021-12-310001097362slf:SunLifeFinancialUnitedStatesMemberslf:AnnuitiesMemberifrs-full:OperatingSegmentsMember2021-01-012021-12-310001097362slf:AnnuitiesMemberifrs-full:OperatingSegmentsMemberslf:SunLifeFinancialAssetManagementMember2021-01-012021-12-310001097362slf:SunLifeFinancialAsiaMemberslf:AnnuitiesMemberifrs-full:OperatingSegmentsMember2021-01-012021-12-310001097362slf:SunLifeFinancialCorporateMemberslf:AnnuitiesMemberifrs-full:OperatingSegmentsMember2021-01-012021-12-310001097362slf:AnnuitiesMemberifrs-full:EliminationOfIntersegmentAmountsMember2021-01-012021-12-310001097362slf:AnnuitiesMember2021-01-012021-12-310001097362slf:SunLifeCanadaMemberifrs-full:OperatingSegmentsMemberslf:LifeInsuranceMember2021-01-012021-12-310001097362slf:SunLifeFinancialUnitedStatesMemberifrs-full:OperatingSegmentsMemberslf:LifeInsuranceMember2021-01-012021-12-310001097362ifrs-full:OperatingSegmentsMemberslf:LifeInsuranceMemberslf:SunLifeFinancialAssetManagementMember2021-01-012021-12-310001097362slf:SunLifeFinancialAsiaMemberifrs-full:OperatingSegmentsMemberslf:LifeInsuranceMember2021-01-012021-12-310001097362slf:SunLifeFinancialCorporateMemberifrs-full:OperatingSegmentsMemberslf:LifeInsuranceMember2021-01-012021-12-310001097362slf:LifeInsuranceMemberifrs-full:EliminationOfIntersegmentAmountsMember2021-01-012021-12-310001097362slf:LifeInsuranceMember2021-01-012021-12-310001097362slf:HealthInsuranceMemberslf:SunLifeCanadaMemberifrs-full:OperatingSegmentsMember2021-01-012021-12-310001097362slf:HealthInsuranceMemberslf:SunLifeFinancialUnitedStatesMemberifrs-full:OperatingSegmentsMember2021-01-012021-12-310001097362slf:HealthInsuranceMemberifrs-full:OperatingSegmentsMemberslf:SunLifeFinancialAssetManagementMember2021-01-012021-12-310001097362slf:HealthInsuranceMemberslf:SunLifeFinancialAsiaMemberifrs-full:OperatingSegmentsMember2021-01-012021-12-310001097362slf:HealthInsuranceMemberslf:SunLifeFinancialCorporateMemberifrs-full:OperatingSegmentsMember2021-01-012021-12-310001097362slf:HealthInsuranceMemberifrs-full:EliminationOfIntersegmentAmountsMember2021-01-012021-12-310001097362slf:HealthInsuranceMember2021-01-012021-12-310001097362slf:SunLifeCanadaMemberifrs-full:OperatingSegmentsMember2021-01-012021-12-310001097362slf:SunLifeFinancialUnitedStatesMemberifrs-full:OperatingSegmentsMember2021-01-012021-12-310001097362ifrs-full:OperatingSegmentsMemberslf:SunLifeFinancialAssetManagementMember2021-01-012021-12-310001097362slf:SunLifeFinancialAsiaMemberifrs-full:OperatingSegmentsMember2021-01-012021-12-310001097362slf:SunLifeFinancialCorporateMemberifrs-full:OperatingSegmentsMember2021-01-012021-12-310001097362ifrs-full:EliminationOfIntersegmentAmountsMember2021-01-012021-12-310001097362slf:SunLifeCanadaMemberifrs-full:OperatingSegmentsMember2022-12-310001097362slf:SunLifeFinancialUnitedStatesMemberifrs-full:OperatingSegmentsMember2022-12-310001097362ifrs-full:OperatingSegmentsMemberslf:SunLifeFinancialAssetManagementMember2022-12-310001097362slf:SunLifeFinancialAsiaMemberifrs-full:OperatingSegmentsMember2022-12-310001097362slf:SunLifeFinancialCorporateMemberifrs-full:OperatingSegmentsMember2022-12-310001097362ifrs-full:EliminationOfIntersegmentAmountsMember2022-12-310001097362slf:SunLifeCanadaMemberifrs-full:OperatingSegmentsMember2021-12-310001097362slf:SunLifeFinancialUnitedStatesMemberifrs-full:OperatingSegmentsMember2021-12-310001097362ifrs-full:OperatingSegmentsMemberslf:SunLifeFinancialAssetManagementMember2021-12-310001097362slf:SunLifeFinancialAsiaMemberifrs-full:OperatingSegmentsMember2021-12-310001097362slf:SunLifeFinancialCorporateMemberifrs-full:OperatingSegmentsMember2021-12-310001097362ifrs-full:EliminationOfIntersegmentAmountsMember2021-12-310001097362country:USslf:SunLifeFinancialAssetManagementMember2022-01-012022-12-310001097362country:USslf:SunLifeFinancialAssetManagementMember2021-01-012021-12-310001097362slf:SunLifeFinancialCorporateMembercountry:US2022-01-012022-12-310001097362slf:SunLifeFinancialCorporateMembercountry:US2021-01-012021-12-310001097362country:GBslf:SunLifeFinancialAssetManagementMember2022-01-012022-12-310001097362country:GBslf:SunLifeFinancialAssetManagementMember2021-01-012021-12-310001097362country:GBslf:SunLifeFinancialCorporateMember2022-01-012022-12-310001097362country:GBslf:SunLifeFinancialCorporateMember2021-01-012021-12-310001097362slf:SunLifeFinancialAssetManagementMembercountry:CA2022-01-012022-12-310001097362slf:SunLifeFinancialAssetManagementMembercountry:CA2021-01-012021-12-310001097362slf:SunLifeFinancialCorporateMembercountry:CA2022-01-012022-12-310001097362slf:SunLifeFinancialCorporateMembercountry:CA2021-01-012021-12-310001097362slf:OtherCountriesMemberslf:SunLifeFinancialAssetManagementMember2022-01-012022-12-310001097362slf:OtherCountriesMemberslf:SunLifeFinancialAssetManagementMember2021-01-012021-12-310001097362slf:SunLifeFinancialCorporateMemberslf:OtherCountriesMember2022-01-012022-12-310001097362slf:SunLifeFinancialCorporateMemberslf:OtherCountriesMember2021-01-012021-12-310001097362slf:SunLifeFinancialAssetManagementMember2022-01-012022-12-310001097362slf:SunLifeFinancialAssetManagementMember2021-01-012021-12-310001097362slf:SunLifeFinancialCorporateMember2022-01-012022-12-310001097362slf:SunLifeFinancialCorporateMember2021-01-012021-12-310001097362country:USslf:SunLifeFinancialAssetManagementMember2022-12-310001097362country:USslf:SunLifeFinancialAssetManagementMember2021-12-310001097362slf:SunLifeFinancialCorporateMembercountry:US2022-12-310001097362slf:SunLifeFinancialCorporateMembercountry:US2021-12-310001097362country:GBslf:SunLifeFinancialAssetManagementMember2022-12-310001097362country:GBslf:SunLifeFinancialAssetManagementMember2021-12-310001097362country:GBslf:SunLifeFinancialCorporateMember2022-12-310001097362country:GBslf:SunLifeFinancialCorporateMember2021-12-310001097362slf:SunLifeFinancialAssetManagementMembercountry:CA2022-12-310001097362slf:SunLifeFinancialAssetManagementMembercountry:CA2021-12-310001097362slf:SunLifeFinancialCorporateMembercountry:CA2022-12-310001097362slf:SunLifeFinancialCorporateMembercountry:CA2021-12-310001097362slf:OtherCountriesMemberslf:SunLifeFinancialAssetManagementMember2022-12-310001097362slf:OtherCountriesMemberslf:SunLifeFinancialAssetManagementMember2021-12-310001097362slf:SunLifeFinancialCorporateMemberslf:OtherCountriesMember2022-12-310001097362slf:SunLifeFinancialCorporateMemberslf:OtherCountriesMember2021-12-310001097362slf:SunLifeFinancialAssetManagementMember2022-12-310001097362slf:SunLifeFinancialAssetManagementMember2021-12-310001097362slf:SunLifeFinancialCorporateMember2022-12-310001097362slf:SunLifeFinancialCorporateMember2021-12-310001097362slf:CashCashEquivalentsAndShortTermInvestmentsMember2022-12-310001097362slf:CashCashEquivalentsAndShortTermInvestmentsMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:OtherEquitySecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:OtherEquitySecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:OtherEquitySecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:OtherEquitySecuritiesMember2021-12-310001097362slf:MortgagesAndLoansMember2022-12-310001097362slf:MortgagesAndLoansMember2021-12-310001097362ifrs-full:DerivativesMember2022-12-310001097362ifrs-full:DerivativesMember2021-12-310001097362slf:OtherInvestedAssetsMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember2022-12-310001097362slf:OtherInvestedAssetsMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember2021-12-310001097362slf:OtherInvestedAssetsMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMember2022-12-310001097362slf:OtherInvestedAssetsMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMember2021-12-310001097362slf:CollateralizedLoanObligationMember2022-12-310001097362slf:CollateralizedLoanObligationMember2021-12-310001097362slf:PolicyLoans1Member2022-12-310001097362slf:PolicyLoans1Member2021-12-310001097362slf:FinancialAssetsPassingSolelyPaymentOfPrincipalAndInterestTestMemberslf:DebtSecuritiesAvailableForSaleMember2022-12-310001097362slf:FinancialAssetsPassingSolelyPaymentOfPrincipalAndInterestTestMemberslf:DebtSecuritiesAvailableForSaleMember2021-12-310001097362slf:FinancialAssetsPassingSolelyPaymentOfPrincipalAndInterestTestMemberslf:MortgagesAndLoansSupportingInsuranceContractLiabilitiesMember2022-12-310001097362slf:FinancialAssetsPassingSolelyPaymentOfPrincipalAndInterestTestMemberslf:MortgagesAndLoansSupportingInsuranceContractLiabilitiesMember2021-12-310001097362slf:MortgagesAndLoansNotSupportingInsuranceContractLiabilitiesMemberslf:FinancialAssetsPassingSolelyPaymentOfPrincipalAndInterestTestMember2022-12-310001097362slf:MortgagesAndLoansNotSupportingInsuranceContractLiabilitiesMemberslf:FinancialAssetsPassingSolelyPaymentOfPrincipalAndInterestTestMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:FinancialAssetsAtFairValueMember2022-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:FinancialAssetsAtFairValueMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:FinancialAssetsAtFairValueMember2021-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:FinancialAssetsAtFairValueMember2021-12-310001097362ifrs-full:Level3OfFairValueHierarchyMember2022-12-310001097362ifrs-full:Level3OfFairValueHierarchyMember2021-12-310001097362ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember2022-12-310001097362ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember2021-12-310001097362slf:OtherLiabilitiesMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:CashAndAccountsReceivableMember2022-12-310001097362slf:CashAndAccountsReceivableMember2021-12-310001097362slf:Loans1Member2022-12-310001097362slf:Loans1Member2021-12-310001097362slf:CollateralizedLoanObligationsMember2022-01-012022-12-310001097362slf:CollateralizedLoanObligationsMember2021-01-012021-12-310001097362ifrs-full:MortgagesMemberifrs-full:Level3OfFairValueHierarchyMember2022-01-012022-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberslf:Loans1Member2022-01-012022-12-310001097362slf:CashCashEquivalentsAndShortTermInvestmentsMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362slf:CashCashEquivalentsAndShortTermInvestmentsMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:CashCashEquivalentsAndShortTermInvestmentsMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:CashCashEquivalentsAndShortTermInvestmentsMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:CashCashEquivalentsAndShortTermInvestmentsMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362slf:CashCashEquivalentsAndShortTermInvestmentsMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:CashCashEquivalentsAndShortTermInvestmentsMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:CashCashEquivalentsAndShortTermInvestmentsMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMemberifrs-full:DebtSecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:DebtSecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:DebtSecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:DebtSecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMemberifrs-full:DebtSecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:DebtSecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:DebtSecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:DebtSecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMemberifrs-full:DebtSecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:DebtSecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:DebtSecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:DebtSecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMemberifrs-full:DebtSecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:DebtSecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:DebtSecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:DebtSecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMember2021-12-310001097362ifrs-full:DerivativesMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:Level2OfFairValueHierarchyMemberifrs-full:DerivativesMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:DerivativesMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:DerivativesMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:DerivativesMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:Level2OfFairValueHierarchyMemberifrs-full:DerivativesMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:DerivativesMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:DerivativesMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMemberslf:OtherInvestedAssetsMember2022-12-310001097362ifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:OtherInvestedAssetsMember2022-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:OtherInvestedAssetsMember2022-12-310001097362ifrs-full:RecurringFairValueMeasurementMemberslf:OtherInvestedAssetsMember2022-12-310001097362ifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMemberslf:OtherInvestedAssetsMember2021-12-310001097362ifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:OtherInvestedAssetsMember2021-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:OtherInvestedAssetsMember2021-12-310001097362ifrs-full:RecurringFairValueMeasurementMemberslf:OtherInvestedAssetsMember2021-12-310001097362ifrs-full:RecurringFairValueMeasurementMemberifrs-full:InvestmentPropertyMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:InvestmentPropertyMember2022-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:InvestmentPropertyMember2022-12-310001097362ifrs-full:RecurringFairValueMeasurementMemberifrs-full:InvestmentPropertyMember2022-12-310001097362ifrs-full:RecurringFairValueMeasurementMemberifrs-full:InvestmentPropertyMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:InvestmentPropertyMember2021-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:InvestmentPropertyMember2021-12-310001097362ifrs-full:RecurringFairValueMeasurementMemberifrs-full:InvestmentPropertyMember2021-12-310001097362slf:InvestedAssetsMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:Level2OfFairValueHierarchyMemberslf:InvestedAssetsMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberslf:InvestedAssetsMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:InvestedAssetsMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:InvestedAssetsMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:Level2OfFairValueHierarchyMemberslf:InvestedAssetsMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberslf:InvestedAssetsMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:InvestedAssetsMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:RecurringFairValueMeasurementMemberslf:SeparateAccountAssetsMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:SeparateAccountAssetsMember2022-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:SeparateAccountAssetsMember2022-12-310001097362ifrs-full:RecurringFairValueMeasurementMemberslf:SeparateAccountAssetsMember2022-12-310001097362ifrs-full:RecurringFairValueMeasurementMemberslf:SeparateAccountAssetsMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:SeparateAccountAssetsMember2021-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:SeparateAccountAssetsMember2021-12-310001097362ifrs-full:RecurringFairValueMeasurementMemberslf:SeparateAccountAssetsMember2021-12-310001097362ifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:InvestmentContractLiabilitiesMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362slf:InvestmentContractLiabilitiesMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:InvestmentContractLiabilitiesMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:InvestmentContractLiabilitiesMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:InvestmentContractLiabilitiesMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362slf:InvestmentContractLiabilitiesMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:InvestmentContractLiabilitiesMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:InvestmentContractLiabilitiesMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:DerivativeLiabilitiesMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:Level2OfFairValueHierarchyMemberslf:DerivativeLiabilitiesMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberslf:DerivativeLiabilitiesMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:DerivativeLiabilitiesMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:DerivativeLiabilitiesMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:Level2OfFairValueHierarchyMemberslf:DerivativeLiabilitiesMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberslf:DerivativeLiabilitiesMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:DerivativeLiabilitiesMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:OtherLiabilitiesMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362slf:OtherLiabilitiesMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:OtherLiabilitiesMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:OtherLiabilitiesMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:OtherLiabilitiesMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362slf:OtherLiabilitiesMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:OtherLiabilitiesMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberslf:CanadianFederalGovernmentMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:CanadianFederalGovernmentMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:CanadianFederalGovernmentMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberslf:CanadianFederalGovernmentMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberslf:CanadianFederalGovernmentMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:CanadianFederalGovernmentMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:CanadianFederalGovernmentMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberslf:CanadianFederalGovernmentMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CanadianProvincialAndMunicipalGovernmentMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CanadianProvincialAndMunicipalGovernmentMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CanadianProvincialAndMunicipalGovernmentMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CanadianProvincialAndMunicipalGovernmentMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CanadianProvincialAndMunicipalGovernmentMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CanadianProvincialAndMunicipalGovernmentMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CanadianProvincialAndMunicipalGovernmentMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CanadianProvincialAndMunicipalGovernmentMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMemberslf:USGovernmentAgenciesDebtSecurities1Member2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:USGovernmentAgenciesDebtSecurities1Member2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:USGovernmentAgenciesDebtSecurities1Member2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberslf:USGovernmentAgenciesDebtSecurities1Member2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMemberslf:USGovernmentAgenciesDebtSecurities1Member2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:USGovernmentAgenciesDebtSecurities1Member2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:USGovernmentAgenciesDebtSecurities1Member2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberslf:USGovernmentAgenciesDebtSecurities1Member2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:ForeignGovernmentDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:ForeignGovernmentDebtSecurities1Memberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:ForeignGovernmentDebtSecurities1Memberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:ForeignGovernmentDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:ForeignGovernmentDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:ForeignGovernmentDebtSecurities1Memberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:ForeignGovernmentDebtSecurities1Memberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:ForeignGovernmentDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberslf:CorporateDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberslf:CorporateDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberslf:CorporateDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberslf:CorporateDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CommercialMortgageBackedSecurities1Memberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberslf:CommercialMortgageBackedSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberslf:CommercialMortgageBackedSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CommercialMortgageBackedSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CommercialMortgageBackedSecurities1Memberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberslf:CommercialMortgageBackedSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberslf:CommercialMortgageBackedSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CommercialMortgageBackedSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:ResidentialMortgageBackedSecurities1Memberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362slf:ResidentialMortgageBackedSecurities1Memberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:ResidentialMortgageBackedSecurities1Memberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:ResidentialMortgageBackedSecurities1Memberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:ResidentialMortgageBackedSecurities1Memberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362slf:ResidentialMortgageBackedSecurities1Memberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:ResidentialMortgageBackedSecurities1Memberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:ResidentialMortgageBackedSecurities1Memberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CollateralizedDebtObligations1Memberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CollateralizedDebtObligations1Memberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CollateralizedDebtObligations1Memberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CollateralizedDebtObligations1Memberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CollateralizedDebtObligations1Memberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CollateralizedDebtObligations1Memberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CollateralizedDebtObligations1Memberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CollateralizedDebtObligations1Memberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:AssetBackedSecuritiesOtherMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362slf:AssetBackedSecuritiesOtherMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:AssetBackedSecuritiesOtherMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:AssetBackedSecuritiesOtherMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:AssetBackedSecuritiesOtherMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362slf:AssetBackedSecuritiesOtherMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:AssetBackedSecuritiesOtherMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:AssetBackedSecuritiesOtherMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberslf:CanadianFederalGovernmentMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:CanadianFederalGovernmentMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:CanadianFederalGovernmentMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberslf:CanadianFederalGovernmentMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberslf:CanadianFederalGovernmentMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:CanadianFederalGovernmentMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:CanadianFederalGovernmentMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberslf:CanadianFederalGovernmentMember2021-12-310001097362slf:CanadianProvincialAndMunicipalGovernmentMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362slf:CanadianProvincialAndMunicipalGovernmentMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:CanadianProvincialAndMunicipalGovernmentMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:CanadianProvincialAndMunicipalGovernmentMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:CanadianProvincialAndMunicipalGovernmentMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362slf:CanadianProvincialAndMunicipalGovernmentMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:CanadianProvincialAndMunicipalGovernmentMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:CanadianProvincialAndMunicipalGovernmentMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMemberslf:USGovernmentAgenciesDebtSecurities1Member2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:USGovernmentAgenciesDebtSecurities1Member2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:USGovernmentAgenciesDebtSecurities1Member2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberslf:USGovernmentAgenciesDebtSecurities1Member2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMemberslf:USGovernmentAgenciesDebtSecurities1Member2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:USGovernmentAgenciesDebtSecurities1Member2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:USGovernmentAgenciesDebtSecurities1Member2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberslf:USGovernmentAgenciesDebtSecurities1Member2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:ForeignGovernmentDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:ForeignGovernmentDebtSecurities1Memberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:ForeignGovernmentDebtSecurities1Memberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:ForeignGovernmentDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:ForeignGovernmentDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:ForeignGovernmentDebtSecurities1Memberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:ForeignGovernmentDebtSecurities1Memberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:ForeignGovernmentDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberslf:CorporateDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberslf:CorporateDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberslf:CorporateDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberslf:CorporateDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CommercialMortgageBackedSecurities1Memberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberslf:CommercialMortgageBackedSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberslf:CommercialMortgageBackedSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CommercialMortgageBackedSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CommercialMortgageBackedSecurities1Memberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberslf:CommercialMortgageBackedSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberslf:CommercialMortgageBackedSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CommercialMortgageBackedSecurities1Memberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:ResidentialMortgageBackedSecurities1Memberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362slf:ResidentialMortgageBackedSecurities1Memberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:ResidentialMortgageBackedSecurities1Memberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:ResidentialMortgageBackedSecurities1Memberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:ResidentialMortgageBackedSecurities1Memberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362slf:ResidentialMortgageBackedSecurities1Memberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:ResidentialMortgageBackedSecurities1Memberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:ResidentialMortgageBackedSecurities1Memberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CollateralizedDebtObligations1Memberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CollateralizedDebtObligations1Memberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CollateralizedDebtObligations1Memberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CollateralizedDebtObligations1Memberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CollateralizedDebtObligations1Memberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CollateralizedDebtObligations1Memberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CollateralizedDebtObligations1Memberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CollateralizedDebtObligations1Memberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:AssetBackedSecuritiesOtherMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362slf:AssetBackedSecuritiesOtherMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:AssetBackedSecuritiesOtherMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:AssetBackedSecuritiesOtherMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362slf:AssetBackedSecuritiesOtherMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362slf:AssetBackedSecuritiesOtherMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:AssetBackedSecuritiesOtherMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362slf:AssetBackedSecuritiesOtherMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level2OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:RecurringFairValueMeasurementMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:DebtSecuritiesMember2022-01-012022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:DebtSecuritiesMember2022-01-012022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMember2022-01-012022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMember2022-01-012022-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:OtherInvestedAssetsMember2022-01-012022-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:InvestmentPropertyMember2022-01-012022-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberslf:InvestedAssetsMemberifrs-full:RecurringFairValueMeasurementMember2022-01-012022-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:SeparateAccountAssetsMember2022-01-012022-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2022-01-012022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:DebtSecuritiesMember2020-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:DebtSecuritiesMember2020-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMember2020-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMember2020-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:OtherInvestedAssetsMember2020-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:InvestmentPropertyMember2020-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberslf:InvestedAssetsMemberifrs-full:RecurringFairValueMeasurementMember2020-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:SeparateAccountAssetsMember2020-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2020-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:DebtSecuritiesMember2021-01-012021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:DebtSecuritiesMember2021-01-012021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMember2021-01-012021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:OtherEquitySecuritiesMember2021-01-012021-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:OtherInvestedAssetsMember2021-01-012021-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberifrs-full:InvestmentPropertyMember2021-01-012021-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberslf:InvestedAssetsMemberifrs-full:RecurringFairValueMeasurementMember2021-01-012021-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMemberslf:SeparateAccountAssetsMember2021-01-012021-12-310001097362ifrs-full:Level3OfFairValueHierarchyMemberifrs-full:RecurringFairValueMeasurementMember2021-01-012021-12-310001097362slf:LeasingCommissionsAndTenantInducementsMember2022-01-012022-12-310001097362slf:LeasingCommissionsAndTenantInducementsMember2021-01-012021-12-310001097362ifrs-full:DiscountedCashFlowMemberslf:RetailAndOfficePropertiesMemberifrs-full:BottomOfRangeMember2022-01-012022-12-31slf:dollarsPerSquareFoot0001097362ifrs-full:DiscountedCashFlowMemberslf:RetailAndOfficePropertiesMemberifrs-full:TopOfRangeMember2022-01-012022-12-310001097362slf:IndustrialPropertiesMemberifrs-full:DiscountedCashFlowMemberifrs-full:BottomOfRangeMember2022-01-012022-12-310001097362slf:IndustrialPropertiesMemberifrs-full:DiscountedCashFlowMemberifrs-full:TopOfRangeMember2022-01-012022-12-310001097362ifrs-full:DiscountedCashFlowMemberifrs-full:BottomOfRangeMember2022-01-012022-12-310001097362ifrs-full:DiscountedCashFlowMemberifrs-full:TopOfRangeMember2022-01-012022-12-310001097362slf:InvestmentPropertiesMemberifrs-full:DiscountedCashFlowMember2022-01-012022-12-310001097362slf:CashCashEquivalentsAndShortTermInvestmentsMember2022-01-012022-12-310001097362slf:CashCashEquivalentsAndShortTermInvestmentsMember2021-01-012021-12-310001097362ifrs-full:DebtSecuritiesMember2022-01-012022-12-310001097362ifrs-full:DebtSecuritiesMember2021-01-012021-12-310001097362slf:EquitySecurities1Member2022-01-012022-12-310001097362slf:EquitySecurities1Member2021-01-012021-12-310001097362ifrs-full:DerivativesMember2022-01-012022-12-310001097362ifrs-full:DerivativesMember2021-01-012021-12-310001097362slf:OtherInvestedAssetsMember2022-01-012022-12-310001097362slf:OtherInvestedAssetsMember2021-01-012021-12-310001097362slf:OtherLiabilitiesMember2022-01-012022-12-310001097362slf:OtherLiabilitiesMember2021-01-012021-12-310001097362slf:WellesleyOfficeMember2022-01-012022-12-310001097362slf:WellesleyOfficeMember2021-01-012021-12-310001097362ifrs-full:InterestRateSwapContractMember2022-12-310001097362ifrs-full:InterestRateSwapContractMember2022-12-310001097362ifrs-full:InterestRateSwapContractMember2021-12-310001097362ifrs-full:InterestRateSwapContractMember2021-12-310001097362slf:ForeignExchangeContract1Member2022-12-310001097362slf:ForeignExchangeContract1Member2022-12-310001097362slf:ForeignExchangeContract1Member2021-12-310001097362slf:ForeignExchangeContract1Member2021-12-310001097362slf:OtherContract1Member2022-12-310001097362slf:OtherContract1Member2022-12-310001097362slf:OtherContract1Member2021-12-310001097362slf:OtherContract1Member2021-12-310001097362ifrs-full:DerivativesMember2022-12-310001097362ifrs-full:DerivativesMember2021-12-310001097362slf:DerivativeInstrumentsMember2022-12-310001097362slf:DerivativeInstrumentsMember2021-12-310001097362ifrs-full:FairValueHedgesMember2022-12-310001097362ifrs-full:FairValueHedgesMember2021-12-310001097362ifrs-full:CashFlowHedgesMember2022-12-310001097362ifrs-full:CashFlowHedgesMember2021-12-310001097362ifrs-full:DerivativesMember2022-12-310001097362ifrs-full:DerivativesMember2021-12-310001097362srt:ScenarioForecastMember2022-01-012022-12-310001097362srt:ScenarioForecastMember2021-01-012021-12-310001097362slf:SecuritizedMortgagesMember2022-12-310001097362slf:SecuritizedMortgagesMember2021-12-310001097362slf:SecuritizedMortgagesMember2022-12-310001097362slf:SecuritizedMortgagesMember2021-12-310001097362slf:AssetBackedSecuritiesInPrincipalReinvestmentAccountMember2022-12-310001097362slf:AssetBackedSecuritiesInPrincipalReinvestmentAccountMember2021-12-310001097362slf:CashAndCashEquivalentsInPrincipalReinvestmentAccountMember2022-12-310001097362slf:CashAndCashEquivalentsInPrincipalReinvestmentAccountMember2021-12-310001097362ifrs-full:BottomOfRangeMember2022-01-012022-12-310001097362ifrs-full:TopOfRangeMember2022-01-012022-12-310001097362ifrs-full:WeightedAverageMember2022-01-012022-12-310001097362slf:AssetRepurchaseAgreementTransferredAssetsMember2022-12-310001097362slf:AssetRepurchaseAgreementTransferredAssetsMember2021-12-310001097362ifrs-full:SecuritiesLendingMember2022-12-310001097362slf:SecuritiesLendingCollateralMember2022-12-310001097362ifrs-full:SecuritiesLendingMember2021-12-310001097362slf:SecuritiesLendingCollateralMember2021-12-310001097362slf:CashCollateralOnSecuritiesLentMember2022-12-310001097362slf:CashCollateralOnSecuritiesLentMember2021-12-310001097362ifrs-full:LoanCommitmentsMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:LoanCommitmentsMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:DerivativesMember2022-12-310001097362ifrs-full:DerivativesMember2021-12-310001097362slf:ReverseRepurchaseAgreementsMember2022-12-310001097362slf:ReverseRepurchaseAgreementsMember2021-12-310001097362slf:TotalFinancialAssetsMember2022-12-310001097362slf:TotalFinancialAssetsMember2021-12-310001097362slf:DerivativeLiabilitiesMember2022-12-310001097362slf:DerivativeLiabilitiesMember2021-12-310001097362slf:RepurchaseAgreements1Member2022-12-310001097362slf:RepurchaseAgreements1Member2021-12-310001097362slf:CollateralOnSecuritiesBorrowedMember2022-12-310001097362slf:CollateralOnSecuritiesBorrowedMember2021-12-310001097362slf:TotalFinancialLiabilitiesMember2022-12-310001097362slf:TotalFinancialLiabilitiesMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMembercountry:CA2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMembercountry:CA2022-12-310001097362ifrs-full:DebtSecuritiesMembercountry:CA2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMembercountry:CA2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMembercountry:CA2021-12-310001097362ifrs-full:DebtSecuritiesMembercountry:CA2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMembercountry:US2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMembercountry:US2022-12-310001097362ifrs-full:DebtSecuritiesMembercountry:US2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMembercountry:US2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMembercountry:US2021-12-310001097362ifrs-full:DebtSecuritiesMembercountry:US2021-12-310001097362country:GBifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMember2022-12-310001097362country:GBifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMember2022-12-310001097362country:GBifrs-full:DebtSecuritiesMember2022-12-310001097362country:GBifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMember2021-12-310001097362country:GBifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMember2021-12-310001097362country:GBifrs-full:DebtSecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberslf:OtherCountriesMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:OtherCountriesMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberslf:OtherCountriesMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberslf:OtherCountriesMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:OtherCountriesMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberslf:OtherCountriesMember2021-12-310001097362ifrs-full:DebtSecuritiesMember2022-12-310001097362ifrs-full:DebtSecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CanadianFederalGovernmentMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CanadianFederalGovernmentMember2022-12-310001097362slf:CanadianFederalGovernmentMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CanadianFederalGovernmentMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CanadianFederalGovernmentMember2021-12-310001097362slf:CanadianFederalGovernmentMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CanadianProvincialAndMunicipalGovernmentMember2022-12-310001097362slf:CanadianProvincialAndMunicipalGovernmentMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMember2022-12-310001097362slf:CanadianProvincialAndMunicipalGovernmentMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CanadianProvincialAndMunicipalGovernmentMember2021-12-310001097362slf:CanadianProvincialAndMunicipalGovernmentMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMember2021-12-310001097362slf:CanadianProvincialAndMunicipalGovernmentMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:U.S.GovernmentAndAgencyMember2022-12-310001097362slf:U.S.GovernmentAndAgencyMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMember2022-12-310001097362slf:U.S.GovernmentAndAgencyMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:U.S.GovernmentAndAgencyMember2021-12-310001097362slf:U.S.GovernmentAndAgencyMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMember2021-12-310001097362slf:U.S.GovernmentAndAgencyMember2021-12-310001097362slf:OtherForeignGovernmentMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember2022-12-310001097362slf:OtherForeignGovernmentMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMember2022-12-310001097362slf:OtherForeignGovernmentMember2022-12-310001097362slf:OtherForeignGovernmentMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember2021-12-310001097362slf:OtherForeignGovernmentMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMember2021-12-310001097362slf:OtherForeignGovernmentMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:GovernmentIssuedOrGuaranteedDebtSecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:GovernmentIssuedOrGuaranteedDebtSecuritiesMember2022-12-310001097362slf:GovernmentIssuedOrGuaranteedDebtSecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:GovernmentIssuedOrGuaranteedDebtSecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:GovernmentIssuedOrGuaranteedDebtSecuritiesMember2021-12-310001097362slf:GovernmentIssuedOrGuaranteedDebtSecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Memberslf:FinancialsMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Memberslf:FinancialsMember2022-12-310001097362slf:CorporateDebtSecurities1Memberslf:FinancialsMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Memberslf:FinancialsMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Memberslf:FinancialsMember2021-12-310001097362slf:CorporateDebtSecurities1Memberslf:FinancialsMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:UtilitiesMemberslf:CorporateDebtSecurities1Member2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:UtilitiesMemberslf:CorporateDebtSecurities1Member2022-12-310001097362slf:UtilitiesMemberslf:CorporateDebtSecurities1Member2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:UtilitiesMemberslf:CorporateDebtSecurities1Member2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:UtilitiesMemberslf:CorporateDebtSecurities1Member2021-12-310001097362slf:UtilitiesMemberslf:CorporateDebtSecurities1Member2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Memberslf:IndustrialsMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Memberslf:IndustrialsMember2022-12-310001097362slf:CorporateDebtSecurities1Memberslf:IndustrialsMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Memberslf:IndustrialsMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Memberslf:IndustrialsMember2021-12-310001097362slf:CorporateDebtSecurities1Memberslf:IndustrialsMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Memberslf:EnergyMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Memberslf:EnergyMember2022-12-310001097362slf:CorporateDebtSecurities1Memberslf:EnergyMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Memberslf:EnergyMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Memberslf:EnergyMember2021-12-310001097362slf:CorporateDebtSecurities1Memberslf:EnergyMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Memberslf:TelecommunicationServicesMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Memberslf:TelecommunicationServicesMember2022-12-310001097362slf:CorporateDebtSecurities1Memberslf:TelecommunicationServicesMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Memberslf:TelecommunicationServicesMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Memberslf:TelecommunicationServicesMember2021-12-310001097362slf:CorporateDebtSecurities1Memberslf:TelecommunicationServicesMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Memberslf:RealEstateInvestment1Member2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Memberslf:RealEstateInvestment1Member2022-12-310001097362slf:CorporateDebtSecurities1Memberslf:RealEstateInvestment1Member2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Memberslf:RealEstateInvestment1Member2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Memberslf:RealEstateInvestment1Member2021-12-310001097362slf:CorporateDebtSecurities1Memberslf:RealEstateInvestment1Member2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Memberslf:HealthcareMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Memberslf:HealthcareMember2022-12-310001097362slf:CorporateDebtSecurities1Memberslf:HealthcareMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Memberslf:HealthcareMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Memberslf:HealthcareMember2021-12-310001097362slf:CorporateDebtSecurities1Memberslf:HealthcareMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:ConsumerStaplesMemberslf:CorporateDebtSecurities1Member2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:ConsumerStaplesMemberslf:CorporateDebtSecurities1Member2022-12-310001097362slf:ConsumerStaplesMemberslf:CorporateDebtSecurities1Member2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:ConsumerStaplesMemberslf:CorporateDebtSecurities1Member2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:ConsumerStaplesMemberslf:CorporateDebtSecurities1Member2021-12-310001097362slf:ConsumerStaplesMemberslf:CorporateDebtSecurities1Member2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:ConsumerDiscretionaryMemberslf:CorporateDebtSecurities1Member2022-12-310001097362slf:ConsumerDiscretionaryMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Member2022-12-310001097362slf:ConsumerDiscretionaryMemberslf:CorporateDebtSecurities1Member2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:ConsumerDiscretionaryMemberslf:CorporateDebtSecurities1Member2021-12-310001097362slf:ConsumerDiscretionaryMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Member2021-12-310001097362slf:ConsumerDiscretionaryMemberslf:CorporateDebtSecurities1Member2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Memberslf:TechnologyMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Memberslf:TechnologyMember2022-12-310001097362slf:CorporateDebtSecurities1Memberslf:TechnologyMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Memberslf:TechnologyMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Memberslf:TechnologyMember2021-12-310001097362slf:CorporateDebtSecurities1Memberslf:TechnologyMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:MaterialsMemberslf:CorporateDebtSecurities1Member2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:MaterialsMemberslf:CorporateDebtSecurities1Member2022-12-310001097362slf:MaterialsMemberslf:CorporateDebtSecurities1Member2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:MaterialsMemberslf:CorporateDebtSecurities1Member2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:MaterialsMemberslf:CorporateDebtSecurities1Member2021-12-310001097362slf:MaterialsMemberslf:CorporateDebtSecurities1Member2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Member2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Member2022-12-310001097362slf:CorporateDebtSecurities1Member2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:CorporateDebtSecurities1Member2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:CorporateDebtSecurities1Member2021-12-310001097362slf:CorporateDebtSecurities1Member2021-12-310001097362ifrs-full:AssetbackedFinancingsMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember2022-12-310001097362ifrs-full:AssetbackedFinancingsMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMember2022-12-310001097362ifrs-full:AssetbackedFinancingsMember2022-12-310001097362ifrs-full:AssetbackedFinancingsMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember2021-12-310001097362ifrs-full:AssetbackedFinancingsMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMember2021-12-310001097362ifrs-full:AssetbackedFinancingsMember2021-12-310001097362slf:RetailMemberifrs-full:MortgagesMembercountry:CA2022-12-310001097362slf:RetailMemberifrs-full:MortgagesMembercountry:US2022-12-310001097362country:GBslf:RetailMemberifrs-full:MortgagesMember2022-12-310001097362slf:RetailMemberifrs-full:MortgagesMemberslf:OtherCountriesMember2022-12-310001097362slf:RetailMemberifrs-full:MortgagesMember2022-12-310001097362ifrs-full:MortgagesMemberslf:OfficeMembercountry:CA2022-12-310001097362ifrs-full:MortgagesMembercountry:USslf:OfficeMember2022-12-310001097362country:GBifrs-full:MortgagesMemberslf:OfficeMember2022-12-310001097362ifrs-full:MortgagesMemberslf:OtherCountriesMemberslf:OfficeMember2022-12-310001097362ifrs-full:MortgagesMemberslf:OfficeMember2022-12-310001097362ifrs-full:MortgagesMemberslf:MultiFamilyResidentialMembercountry:CA2022-12-310001097362ifrs-full:MortgagesMembercountry:USslf:MultiFamilyResidentialMember2022-12-310001097362country:GBifrs-full:MortgagesMemberslf:MultiFamilyResidentialMember2022-12-310001097362ifrs-full:MortgagesMemberslf:OtherCountriesMemberslf:MultiFamilyResidentialMember2022-12-310001097362ifrs-full:MortgagesMemberslf:MultiFamilyResidentialMember2022-12-310001097362ifrs-full:MortgagesMemberslf:IndustrialAndLandMembercountry:CA2022-12-310001097362ifrs-full:MortgagesMembercountry:USslf:IndustrialAndLandMember2022-12-310001097362country:GBifrs-full:MortgagesMemberslf:IndustrialAndLandMember2022-12-310001097362ifrs-full:MortgagesMemberslf:OtherCountriesMemberslf:IndustrialAndLandMember2022-12-310001097362ifrs-full:MortgagesMemberslf:IndustrialAndLandMember2022-12-310001097362slf:OtherFinancialAssetsMemberifrs-full:MortgagesMembercountry:CA2022-12-310001097362slf:OtherFinancialAssetsMemberifrs-full:MortgagesMembercountry:US2022-12-310001097362country:GBslf:OtherFinancialAssetsMemberifrs-full:MortgagesMember2022-12-310001097362slf:OtherFinancialAssetsMemberifrs-full:MortgagesMemberslf:OtherCountriesMember2022-12-310001097362slf:OtherFinancialAssetsMemberifrs-full:MortgagesMember2022-12-310001097362ifrs-full:MortgagesMembercountry:CA2022-12-310001097362ifrs-full:MortgagesMembercountry:US2022-12-310001097362country:GBifrs-full:MortgagesMember2022-12-310001097362ifrs-full:MortgagesMemberslf:OtherCountriesMember2022-12-310001097362ifrs-full:MortgagesMember2022-12-310001097362ifrs-full:LoanCommitmentsMembercountry:CA2022-12-310001097362ifrs-full:LoanCommitmentsMembercountry:US2022-12-310001097362country:GBifrs-full:LoanCommitmentsMember2022-12-310001097362ifrs-full:LoanCommitmentsMemberslf:OtherCountriesMember2022-12-310001097362ifrs-full:LoanCommitmentsMember2022-12-310001097362slf:MortgagesAndLoansMembercountry:CA2022-12-310001097362slf:MortgagesAndLoansMembercountry:US2022-12-310001097362country:GBslf:MortgagesAndLoansMember2022-12-310001097362slf:MortgagesAndLoansMemberslf:OtherCountriesMember2022-12-310001097362slf:MortgagesAndLoansMember2022-12-310001097362slf:CanadaMortgageAndHousingCorporationMemberifrs-full:MortgagesMembercountry:CA2022-12-310001097362slf:RetailMemberifrs-full:MortgagesMembercountry:CA2021-12-310001097362slf:RetailMemberifrs-full:MortgagesMembercountry:US2021-12-310001097362country:GBslf:RetailMemberifrs-full:MortgagesMember2021-12-310001097362slf:RetailMemberifrs-full:MortgagesMemberslf:OtherCountriesMember2021-12-310001097362slf:RetailMemberifrs-full:MortgagesMember2021-12-310001097362ifrs-full:MortgagesMemberslf:OfficeMembercountry:CA2021-12-310001097362ifrs-full:MortgagesMembercountry:USslf:OfficeMember2021-12-310001097362country:GBifrs-full:MortgagesMemberslf:OfficeMember2021-12-310001097362ifrs-full:MortgagesMemberslf:OtherCountriesMemberslf:OfficeMember2021-12-310001097362ifrs-full:MortgagesMemberslf:OfficeMember2021-12-310001097362ifrs-full:MortgagesMemberslf:MultiFamilyResidentialMembercountry:CA2021-12-310001097362ifrs-full:MortgagesMembercountry:USslf:MultiFamilyResidentialMember2021-12-310001097362country:GBifrs-full:MortgagesMemberslf:MultiFamilyResidentialMember2021-12-310001097362ifrs-full:MortgagesMemberslf:OtherCountriesMemberslf:MultiFamilyResidentialMember2021-12-310001097362ifrs-full:MortgagesMemberslf:MultiFamilyResidentialMember2021-12-310001097362ifrs-full:MortgagesMemberslf:IndustrialAndLandMembercountry:CA2021-12-310001097362ifrs-full:MortgagesMembercountry:USslf:IndustrialAndLandMember2021-12-310001097362country:GBifrs-full:MortgagesMemberslf:IndustrialAndLandMember2021-12-310001097362ifrs-full:MortgagesMemberslf:OtherCountriesMemberslf:IndustrialAndLandMember2021-12-310001097362ifrs-full:MortgagesMemberslf:IndustrialAndLandMember2021-12-310001097362slf:OtherFinancialAssetsMemberifrs-full:MortgagesMembercountry:CA2021-12-310001097362slf:OtherFinancialAssetsMemberifrs-full:MortgagesMembercountry:US2021-12-310001097362country:GBslf:OtherFinancialAssetsMemberifrs-full:MortgagesMember2021-12-310001097362slf:OtherFinancialAssetsMemberifrs-full:MortgagesMemberslf:OtherCountriesMember2021-12-310001097362slf:OtherFinancialAssetsMemberifrs-full:MortgagesMember2021-12-310001097362ifrs-full:MortgagesMembercountry:CA2021-12-310001097362ifrs-full:MortgagesMembercountry:US2021-12-310001097362country:GBifrs-full:MortgagesMember2021-12-310001097362ifrs-full:MortgagesMemberslf:OtherCountriesMember2021-12-310001097362ifrs-full:MortgagesMember2021-12-310001097362ifrs-full:LoanCommitmentsMembercountry:CA2021-12-310001097362ifrs-full:LoanCommitmentsMembercountry:US2021-12-310001097362country:GBifrs-full:LoanCommitmentsMember2021-12-310001097362ifrs-full:LoanCommitmentsMemberslf:OtherCountriesMember2021-12-310001097362ifrs-full:LoanCommitmentsMember2021-12-310001097362slf:MortgagesAndLoansMembercountry:CA2021-12-310001097362slf:MortgagesAndLoansMembercountry:US2021-12-310001097362country:GBslf:MortgagesAndLoansMember2021-12-310001097362slf:MortgagesAndLoansMemberslf:OtherCountriesMember2021-12-310001097362slf:MortgagesAndLoansMember2021-12-310001097362slf:CanadaMortgageAndHousingCorporationMemberifrs-full:MortgagesMembercountry:CA2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:NotLaterThanOneYearMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:NotLaterThanOneYearMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:NotLaterThanOneYearMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:NotLaterThanOneYearMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:NotLaterThanOneYearMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:NotLaterThanOneYearMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:LaterThanFiveYearsAndNotLaterThanTenYearsMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:LaterThanFiveYearsAndNotLaterThanTenYearsMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:LaterThanFiveYearsAndNotLaterThanTenYearsMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:LaterThanFiveYearsAndNotLaterThanTenYearsMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:LaterThanFiveYearsAndNotLaterThanTenYearsMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:LaterThanFiveYearsAndNotLaterThanTenYearsMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:LaterThanTenYearsMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:LaterThanTenYearsMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:LaterThanTenYearsMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:LaterThanTenYearsMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:LaterThanTenYearsMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:LaterThanTenYearsMember2021-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:MortgagesMemberifrs-full:NotLaterThanOneYearMember2022-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:MortgagesMemberifrs-full:NotLaterThanOneYearMember2021-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:MortgagesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:MortgagesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:LaterThanFiveYearsAndNotLaterThanTenYearsMemberifrs-full:MortgagesMember2022-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:LaterThanFiveYearsAndNotLaterThanTenYearsMemberifrs-full:MortgagesMember2021-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:MortgagesMemberifrs-full:LaterThanTenYearsMember2022-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:MortgagesMemberifrs-full:LaterThanTenYearsMember2021-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:MortgagesMember2022-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:MortgagesMember2021-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:LoanCommitmentsMemberifrs-full:NotLaterThanOneYearMember2022-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:LoanCommitmentsMemberifrs-full:NotLaterThanOneYearMember2021-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:LoanCommitmentsMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:LoanCommitmentsMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:LoanCommitmentsMemberifrs-full:LaterThanFiveYearsAndNotLaterThanTenYearsMember2022-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:LoanCommitmentsMemberifrs-full:LaterThanFiveYearsAndNotLaterThanTenYearsMember2021-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:LoanCommitmentsMemberifrs-full:LaterThanTenYearsMember2022-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:LoanCommitmentsMemberifrs-full:LaterThanTenYearsMember2021-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:LoanCommitmentsMember2022-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:LoanCommitmentsMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:ForwardContractMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:ForwardContractMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:LaterThanFiveYearsMemberifrs-full:ForwardContractMemberifrs-full:DerivativesMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:ForwardContractMemberifrs-full:DerivativesMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:ForwardContractMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:ForwardContractMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:LaterThanFiveYearsMemberifrs-full:ForwardContractMemberifrs-full:DerivativesMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:ForwardContractMemberifrs-full:DerivativesMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:InterestRateSwapContractMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:InterestRateSwapContractMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:LaterThanFiveYearsMemberifrs-full:InterestRateSwapContractMemberifrs-full:DerivativesMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:InterestRateSwapContractMemberifrs-full:DerivativesMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:InterestRateSwapContractMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:InterestRateSwapContractMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:LaterThanFiveYearsMemberifrs-full:InterestRateSwapContractMemberifrs-full:DerivativesMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:InterestRateSwapContractMemberifrs-full:DerivativesMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMemberifrs-full:OptionContractMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMemberifrs-full:OptionContractMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:LaterThanFiveYearsMemberifrs-full:DerivativesMemberifrs-full:OptionContractMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:DerivativesMemberifrs-full:OptionContractMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMemberifrs-full:OptionContractMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMemberifrs-full:OptionContractMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:LaterThanFiveYearsMemberifrs-full:DerivativesMemberifrs-full:OptionContractMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:DerivativesMemberifrs-full:OptionContractMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberslf:WrittenOptionsMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberslf:WrittenOptionsMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:LaterThanFiveYearsMemberslf:WrittenOptionsMemberifrs-full:DerivativesMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberslf:WrittenOptionsMemberifrs-full:DerivativesMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberslf:WrittenOptionsMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberslf:WrittenOptionsMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberifrs-full:LaterThanFiveYearsMemberslf:WrittenOptionsMemberifrs-full:DerivativesMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsInterestRateContractsMemberslf:WrittenOptionsMemberifrs-full:DerivativesMember2021-12-310001097362ifrs-full:ForwardContractMemberslf:DerivativeInstrumentsOverTheCounterContractsForeignExchangeContractsMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2022-12-310001097362ifrs-full:ForwardContractMemberslf:DerivativeInstrumentsOverTheCounterContractsForeignExchangeContractsMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-12-310001097362ifrs-full:LaterThanFiveYearsMemberifrs-full:ForwardContractMemberslf:DerivativeInstrumentsOverTheCounterContractsForeignExchangeContractsMemberifrs-full:DerivativesMember2022-12-310001097362ifrs-full:ForwardContractMemberslf:DerivativeInstrumentsOverTheCounterContractsForeignExchangeContractsMemberifrs-full:DerivativesMember2022-12-310001097362ifrs-full:ForwardContractMemberslf:DerivativeInstrumentsOverTheCounterContractsForeignExchangeContractsMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2021-12-310001097362ifrs-full:ForwardContractMemberslf:DerivativeInstrumentsOverTheCounterContractsForeignExchangeContractsMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310001097362ifrs-full:LaterThanFiveYearsMemberifrs-full:ForwardContractMemberslf:DerivativeInstrumentsOverTheCounterContractsForeignExchangeContractsMemberifrs-full:DerivativesMember2021-12-310001097362ifrs-full:ForwardContractMemberslf:DerivativeInstrumentsOverTheCounterContractsForeignExchangeContractsMemberifrs-full:DerivativesMember2021-12-310001097362ifrs-full:CurrencySwapContractMemberslf:DerivativeInstrumentsOverTheCounterContractsForeignExchangeContractsMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2022-12-310001097362ifrs-full:CurrencySwapContractMemberslf:DerivativeInstrumentsOverTheCounterContractsForeignExchangeContractsMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-12-310001097362ifrs-full:LaterThanFiveYearsMemberifrs-full:CurrencySwapContractMemberslf:DerivativeInstrumentsOverTheCounterContractsForeignExchangeContractsMemberifrs-full:DerivativesMember2022-12-310001097362ifrs-full:CurrencySwapContractMemberslf:DerivativeInstrumentsOverTheCounterContractsForeignExchangeContractsMemberifrs-full:DerivativesMember2022-12-310001097362ifrs-full:CurrencySwapContractMemberslf:DerivativeInstrumentsOverTheCounterContractsForeignExchangeContractsMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2021-12-310001097362ifrs-full:CurrencySwapContractMemberslf:DerivativeInstrumentsOverTheCounterContractsForeignExchangeContractsMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310001097362ifrs-full:LaterThanFiveYearsMemberifrs-full:CurrencySwapContractMemberslf:DerivativeInstrumentsOverTheCounterContractsForeignExchangeContractsMemberifrs-full:DerivativesMember2021-12-310001097362ifrs-full:CurrencySwapContractMemberslf:DerivativeInstrumentsOverTheCounterContractsForeignExchangeContractsMemberifrs-full:DerivativesMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMemberifrs-full:OptionContractMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMemberifrs-full:OptionContractMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:LaterThanFiveYearsMemberifrs-full:DerivativesMemberifrs-full:OptionContractMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:DerivativesMemberifrs-full:OptionContractMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMemberifrs-full:OptionContractMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMemberifrs-full:OptionContractMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:LaterThanFiveYearsMemberifrs-full:DerivativesMemberifrs-full:OptionContractMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:DerivativesMemberifrs-full:OptionContractMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:ForwardContractMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:ForwardContractMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:LaterThanFiveYearsMemberifrs-full:ForwardContractMemberifrs-full:DerivativesMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:ForwardContractMemberifrs-full:DerivativesMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:ForwardContractMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:ForwardContractMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:LaterThanFiveYearsMemberifrs-full:ForwardContractMemberifrs-full:DerivativesMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:ForwardContractMemberifrs-full:DerivativesMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:SwapContractMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:SwapContractMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:SwapContractMemberifrs-full:LaterThanFiveYearsMemberifrs-full:DerivativesMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:SwapContractMemberifrs-full:DerivativesMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:SwapContractMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:SwapContractMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:SwapContractMemberifrs-full:LaterThanFiveYearsMemberifrs-full:DerivativesMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:SwapContractMemberifrs-full:DerivativesMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMemberslf:CreditDerivativeMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMemberslf:CreditDerivativeMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:LaterThanFiveYearsMemberifrs-full:DerivativesMemberslf:CreditDerivativeMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:DerivativesMemberslf:CreditDerivativeMember2022-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMemberslf:CreditDerivativeMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMemberslf:CreditDerivativeMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:LaterThanFiveYearsMemberifrs-full:DerivativesMemberslf:CreditDerivativeMember2021-12-310001097362slf:DerivativeInstrumentsOverTheCounterContractsOtherContractsMemberifrs-full:DerivativesMemberslf:CreditDerivativeMember2021-12-310001097362ifrs-full:FuturesContractMemberslf:DerivativeInstrumentsExchangeTradedContractsInterestRateContractsMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2022-12-310001097362ifrs-full:FuturesContractMemberslf:DerivativeInstrumentsExchangeTradedContractsInterestRateContractsMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-12-310001097362ifrs-full:FuturesContractMemberifrs-full:LaterThanFiveYearsMemberslf:DerivativeInstrumentsExchangeTradedContractsInterestRateContractsMemberifrs-full:DerivativesMember2022-12-310001097362ifrs-full:FuturesContractMemberslf:DerivativeInstrumentsExchangeTradedContractsInterestRateContractsMemberifrs-full:DerivativesMember2022-12-310001097362ifrs-full:FuturesContractMemberslf:DerivativeInstrumentsExchangeTradedContractsInterestRateContractsMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2021-12-310001097362ifrs-full:FuturesContractMemberslf:DerivativeInstrumentsExchangeTradedContractsInterestRateContractsMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310001097362ifrs-full:FuturesContractMemberifrs-full:LaterThanFiveYearsMemberslf:DerivativeInstrumentsExchangeTradedContractsInterestRateContractsMemberifrs-full:DerivativesMember2021-12-310001097362ifrs-full:FuturesContractMemberslf:DerivativeInstrumentsExchangeTradedContractsInterestRateContractsMemberifrs-full:DerivativesMember2021-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberifrs-full:FuturesContractMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2022-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberifrs-full:FuturesContractMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberifrs-full:FuturesContractMemberifrs-full:LaterThanFiveYearsMemberifrs-full:DerivativesMember2022-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberifrs-full:FuturesContractMemberifrs-full:DerivativesMember2022-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberifrs-full:FuturesContractMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2021-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberifrs-full:FuturesContractMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberifrs-full:FuturesContractMemberifrs-full:LaterThanFiveYearsMemberifrs-full:DerivativesMember2021-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberifrs-full:FuturesContractMemberifrs-full:DerivativesMember2021-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMemberifrs-full:OptionContractMember2022-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMemberifrs-full:OptionContractMember2022-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberifrs-full:LaterThanFiveYearsMemberifrs-full:DerivativesMemberifrs-full:OptionContractMember2022-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberifrs-full:DerivativesMemberifrs-full:OptionContractMember2022-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMemberifrs-full:OptionContractMember2021-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMemberifrs-full:OptionContractMember2021-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberifrs-full:LaterThanFiveYearsMemberifrs-full:DerivativesMemberifrs-full:OptionContractMember2021-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberifrs-full:DerivativesMemberifrs-full:OptionContractMember2021-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberslf:WrittenOptionsMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2022-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberslf:WrittenOptionsMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberifrs-full:LaterThanFiveYearsMemberslf:WrittenOptionsMemberifrs-full:DerivativesMember2022-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberslf:WrittenOptionsMemberifrs-full:DerivativesMember2022-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberslf:WrittenOptionsMemberifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2021-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberslf:WrittenOptionsMemberifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberifrs-full:LaterThanFiveYearsMemberslf:WrittenOptionsMemberifrs-full:DerivativesMember2021-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsEquityContractsMemberslf:WrittenOptionsMemberifrs-full:DerivativesMember2021-12-310001097362ifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2022-12-310001097362ifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-12-310001097362ifrs-full:LaterThanFiveYearsMemberifrs-full:DerivativesMember2022-12-310001097362ifrs-full:DerivativesMemberifrs-full:NotLaterThanOneYearMember2021-12-310001097362ifrs-full:DerivativesMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310001097362ifrs-full:LaterThanFiveYearsMemberifrs-full:DerivativesMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:NotLaterThanOneYearMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:LaterThanFiveYearsMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:NotLaterThanOneYearMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:LaterThanFiveYearsMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember2021-12-310001097362ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMemberifrs-full:NotLaterThanOneYearMember2022-12-310001097362ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2022-12-310001097362ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMemberifrs-full:LaterThanFiveYearsMember2022-12-310001097362ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMemberifrs-full:NotLaterThanOneYearMember2021-12-310001097362ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMemberifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember2021-12-310001097362ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMemberifrs-full:LaterThanFiveYearsMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:CreditRiskMemberslf:AAARatingMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:CreditRiskMemberslf:AAARatingMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:CreditRiskMemberslf:AAARatingMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:CreditRiskMemberslf:AAARatingMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:CreditRiskMemberslf:AAARatingMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:CreditRiskMemberslf:AAARatingMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberslf:AARatingMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:AARatingMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberslf:AARatingMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberslf:AARatingMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:AARatingMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberslf:AARatingMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ARatingMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ARatingMemberifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ARatingMemberifrs-full:DebtSecuritiesMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ARatingMemberifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ARatingMemberifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ARatingMemberifrs-full:DebtSecuritiesMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberslf:BBBRatingMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberslf:BBBRatingMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberslf:BBBRatingMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberslf:BBBRatingMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberslf:BBBRatingMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberslf:BBBRatingMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberslf:BBRatingAndLowerMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:BBRatingAndLowerMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberslf:BBRatingAndLowerMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberslf:BBRatingAndLowerMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:BBRatingAndLowerMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberslf:BBRatingAndLowerMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:DebtSecuritiesMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:MortgagesMemberslf:InsuredRatingMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:MortgagesMemberslf:InsuredRatingMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:MortgagesMemberslf:AARatingMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:MortgagesMemberslf:AARatingMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ARatingMemberifrs-full:MortgagesMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ARatingMemberifrs-full:MortgagesMemberifrs-full:CreditRiskMember2021-12-310001097362slf:BBBRatingMemberifrs-full:MortgagesMemberifrs-full:CreditRiskMember2022-12-310001097362slf:BBBRatingMemberifrs-full:MortgagesMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:MortgagesMemberslf:BBRatingAndLowerMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:MortgagesMemberslf:BBRatingAndLowerMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:MortgagesMemberslf:ImpairedRatingMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:MortgagesMemberslf:ImpairedRatingMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:MortgagesMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:MortgagesMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:LoanCommitmentsMemberifrs-full:CreditRiskMemberslf:AAARatingMember2022-12-310001097362ifrs-full:LoanCommitmentsMemberifrs-full:CreditRiskMemberslf:AAARatingMember2021-12-310001097362ifrs-full:LoanCommitmentsMemberslf:AARatingMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:LoanCommitmentsMemberslf:AARatingMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ARatingMemberifrs-full:LoanCommitmentsMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ARatingMemberifrs-full:LoanCommitmentsMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:LoanCommitmentsMemberslf:BBBRatingMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:LoanCommitmentsMemberslf:BBBRatingMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:LoanCommitmentsMemberslf:BBRatingAndLowerMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:LoanCommitmentsMemberslf:BBRatingAndLowerMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:LoanCommitmentsMemberslf:ImpairedRatingMemberifrs-full:CreditRiskMember2022-12-310001097362ifrs-full:LoanCommitmentsMemberslf:ImpairedRatingMemberifrs-full:CreditRiskMember2021-12-310001097362slf:GrossPositiveReplacementCostMemberifrs-full:CreditRiskMemberslf:AARatingMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMember2022-12-310001097362slf:ImpactOfMasterNettingAgreementsMemberifrs-full:CreditRiskMemberslf:AARatingMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMember2022-12-310001097362ifrs-full:CreditRiskMemberslf:AARatingMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMemberslf:NetReplacementCostMember2022-12-310001097362slf:GrossPositiveReplacementCostMemberifrs-full:CreditRiskMemberslf:AARatingMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMember2021-12-310001097362slf:ImpactOfMasterNettingAgreementsMemberifrs-full:CreditRiskMemberslf:AARatingMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMember2021-12-310001097362ifrs-full:CreditRiskMemberslf:AARatingMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMemberslf:NetReplacementCostMember2021-12-310001097362slf:ARatingMemberslf:GrossPositiveReplacementCostMemberifrs-full:CreditRiskMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMember2022-12-310001097362slf:ARatingMemberslf:ImpactOfMasterNettingAgreementsMemberifrs-full:CreditRiskMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMember2022-12-310001097362slf:ARatingMemberifrs-full:CreditRiskMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMemberslf:NetReplacementCostMember2022-12-310001097362slf:ARatingMemberslf:GrossPositiveReplacementCostMemberifrs-full:CreditRiskMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMember2021-12-310001097362slf:ARatingMemberslf:ImpactOfMasterNettingAgreementsMemberifrs-full:CreditRiskMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMember2021-12-310001097362slf:ARatingMemberifrs-full:CreditRiskMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMemberslf:NetReplacementCostMember2021-12-310001097362slf:BBBRatingMemberslf:GrossPositiveReplacementCostMemberifrs-full:CreditRiskMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMember2022-12-310001097362slf:BBBRatingMemberslf:ImpactOfMasterNettingAgreementsMemberifrs-full:CreditRiskMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMember2022-12-310001097362slf:BBBRatingMemberifrs-full:CreditRiskMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMemberslf:NetReplacementCostMember2022-12-310001097362slf:BBBRatingMemberslf:GrossPositiveReplacementCostMemberifrs-full:CreditRiskMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMember2021-12-310001097362slf:BBBRatingMemberslf:ImpactOfMasterNettingAgreementsMemberifrs-full:CreditRiskMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMember2021-12-310001097362slf:BBBRatingMemberifrs-full:CreditRiskMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMemberslf:NetReplacementCostMember2021-12-310001097362slf:GrossPositiveReplacementCostMemberifrs-full:CreditRiskMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMember2022-12-310001097362slf:ImpactOfMasterNettingAgreementsMemberifrs-full:CreditRiskMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMember2022-12-310001097362ifrs-full:CreditRiskMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMemberslf:NetReplacementCostMember2022-12-310001097362slf:GrossPositiveReplacementCostMemberifrs-full:CreditRiskMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMember2021-12-310001097362slf:ImpactOfMasterNettingAgreementsMemberifrs-full:CreditRiskMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMember2021-12-310001097362ifrs-full:CreditRiskMemberifrs-full:DerivativesMemberslf:DerivativeInstrumentsOverTheCounterContractsMemberslf:NetReplacementCostMember2021-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsMemberifrs-full:DerivativesMember2022-12-310001097362slf:DerivativeInstrumentsExchangeTradedContractsMemberifrs-full:DerivativesMember2021-12-310001097362slf:SingleNameCreditDefaultSwapContractMemberifrs-full:SwapContractMemberslf:AARatingMember2022-12-310001097362slf:SingleNameCreditDefaultSwapContractMemberifrs-full:SwapContractMemberslf:AARatingMember2021-12-310001097362slf:SingleNameCreditDefaultSwapContractMemberslf:ARatingMemberifrs-full:SwapContractMember2022-12-310001097362slf:SingleNameCreditDefaultSwapContractMemberslf:ARatingMemberifrs-full:SwapContractMember2021-12-310001097362slf:SingleNameCreditDefaultSwapContractMemberslf:BBBRatingMemberifrs-full:SwapContractMember2022-12-310001097362slf:SingleNameCreditDefaultSwapContractMemberslf:BBBRatingMemberifrs-full:SwapContractMember2021-12-310001097362slf:SingleNameCreditDefaultSwapContractMemberifrs-full:SwapContractMemberslf:BBRatingMember2022-12-310001097362slf:SingleNameCreditDefaultSwapContractMemberifrs-full:SwapContractMemberslf:BBRatingMember2021-12-310001097362slf:SingleNameCreditDefaultSwapContractMemberifrs-full:SwapContractMember2022-12-310001097362slf:SingleNameCreditDefaultSwapContractMemberifrs-full:SwapContractMember2021-12-310001097362ifrs-full:SwapContractMember2022-12-310001097362ifrs-full:SwapContractMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:GrossExposureMemberslf:AARatingMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:CollateralMemberslf:AARatingMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:NetExposureMemberslf:AARatingMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:GrossExposureMemberslf:AARatingMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:CollateralMemberslf:AARatingMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:NetExposureMemberslf:AARatingMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ARatingMemberslf:ReinsuranceAssetsMemberslf:GrossExposureMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ARatingMemberslf:ReinsuranceAssetsMemberslf:CollateralMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ARatingMemberslf:ReinsuranceAssetsMemberslf:NetExposureMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ARatingMemberslf:ReinsuranceAssetsMemberslf:GrossExposureMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ARatingMemberslf:ReinsuranceAssetsMemberslf:CollateralMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ARatingMemberslf:ReinsuranceAssetsMemberslf:NetExposureMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:BBBRatingMemberslf:GrossExposureMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:BBBRatingMemberslf:CollateralMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:NetExposureMemberslf:BBBRatingMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:BBBRatingMemberslf:GrossExposureMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:BBBRatingMemberslf:CollateralMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:NetExposureMemberslf:BBBRatingMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:BBRatingMemberslf:GrossExposureMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:BBRatingMemberslf:CollateralMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:NetExposureMemberslf:BBRatingMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:BBRatingMemberslf:GrossExposureMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:BBRatingMemberslf:CollateralMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:NetExposureMemberslf:BBRatingMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:GrossExposureMemberslf:BRatingMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:BRatingMemberslf:CollateralMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:NetExposureMemberslf:BRatingMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:GrossExposureMemberslf:BRatingMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:BRatingMemberslf:CollateralMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:NetExposureMemberslf:BRatingMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:GrossExposureMemberslf:CCCRatingMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:CCCRatingMemberslf:CollateralMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:NetExposureMemberslf:CCCRatingMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:GrossExposureMemberslf:CCCRatingMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:CCCRatingMemberslf:CollateralMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:NetExposureMemberslf:CCCRatingMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:NotRatedMemberslf:GrossExposureMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:NotRatedMemberslf:CollateralMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:NetExposureMemberslf:NotRatedMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:NotRatedMemberslf:GrossExposureMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:NotRatedMemberslf:CollateralMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:NetExposureMemberslf:NotRatedMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:GrossExposureMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:CollateralMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:NetExposureMemberifrs-full:CreditRiskMember2022-12-310001097362slf:ReinsuranceAssetsMemberslf:GrossExposureMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:CollateralMemberifrs-full:CreditRiskMember2021-12-310001097362slf:ReinsuranceAssetsMemberslf:NetExposureMemberifrs-full:CreditRiskMember2021-12-310001097362slf:GrossExposureMemberifrs-full:CreditRiskMember2022-12-310001097362slf:GrossExposureMemberifrs-full:CreditRiskMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMember2022-01-012022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMember2021-01-012021-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:FinancialAssetsNeitherPastDueNorImpairedMemberifrs-full:MortgagesMember2022-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:FinancialAssetsNeitherPastDueNorImpairedMemberifrs-full:LoanCommitmentsMember2022-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:FinancialAssetsNeitherPastDueNorImpairedMemberslf:MortgagesAndLoansMember2022-12-310001097362ifrs-full:FinancialAssetsNeitherPastDueNorImpairedMemberifrs-full:MortgagesMemberifrs-full:AllowanceForCreditLossesMember2022-12-310001097362ifrs-full:FinancialAssetsNeitherPastDueNorImpairedMemberifrs-full:LoanCommitmentsMemberifrs-full:AllowanceForCreditLossesMember2022-12-310001097362ifrs-full:FinancialAssetsNeitherPastDueNorImpairedMemberslf:MortgagesAndLoansMemberifrs-full:AllowanceForCreditLossesMember2022-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:MortgagesMemberifrs-full:FinancialAssetsImpairedMember2022-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:LoanCommitmentsMemberifrs-full:FinancialAssetsImpairedMember2022-12-310001097362ifrs-full:GrossCarryingAmountMemberslf:MortgagesAndLoansMemberifrs-full:FinancialAssetsImpairedMember2022-12-310001097362ifrs-full:MortgagesMemberifrs-full:AllowanceForCreditLossesMemberifrs-full:FinancialAssetsImpairedMember2022-12-310001097362ifrs-full:LoanCommitmentsMemberifrs-full:AllowanceForCreditLossesMemberifrs-full:FinancialAssetsImpairedMember2022-12-310001097362slf:MortgagesAndLoansMemberifrs-full:AllowanceForCreditLossesMemberifrs-full:FinancialAssetsImpairedMember2022-12-310001097362ifrs-full:GrossCarryingAmountMemberslf:MortgagesAndLoansMember2022-12-310001097362ifrs-full:MortgagesMemberifrs-full:AllowanceForCreditLossesMember2022-12-310001097362ifrs-full:LoanCommitmentsMemberifrs-full:AllowanceForCreditLossesMember2022-12-310001097362slf:MortgagesAndLoansMemberifrs-full:AllowanceForCreditLossesMember2022-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:FinancialAssetsNeitherPastDueNorImpairedMemberifrs-full:MortgagesMember2021-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:FinancialAssetsNeitherPastDueNorImpairedMemberifrs-full:LoanCommitmentsMember2021-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:FinancialAssetsNeitherPastDueNorImpairedMemberslf:MortgagesAndLoansMember2021-12-310001097362ifrs-full:FinancialAssetsNeitherPastDueNorImpairedMemberifrs-full:MortgagesMemberifrs-full:AllowanceForCreditLossesMember2021-12-310001097362ifrs-full:FinancialAssetsNeitherPastDueNorImpairedMemberifrs-full:LoanCommitmentsMemberifrs-full:AllowanceForCreditLossesMember2021-12-310001097362ifrs-full:FinancialAssetsNeitherPastDueNorImpairedMemberslf:MortgagesAndLoansMemberifrs-full:AllowanceForCreditLossesMember2021-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:MortgagesMemberifrs-full:FinancialAssetsImpairedMember2021-12-310001097362ifrs-full:GrossCarryingAmountMemberifrs-full:LoanCommitmentsMemberifrs-full:FinancialAssetsImpairedMember2021-12-310001097362ifrs-full:GrossCarryingAmountMemberslf:MortgagesAndLoansMemberifrs-full:FinancialAssetsImpairedMember2021-12-310001097362ifrs-full:MortgagesMemberifrs-full:AllowanceForCreditLossesMemberifrs-full:FinancialAssetsImpairedMember2021-12-310001097362ifrs-full:LoanCommitmentsMemberifrs-full:AllowanceForCreditLossesMemberifrs-full:FinancialAssetsImpairedMember2021-12-310001097362slf:MortgagesAndLoansMemberifrs-full:AllowanceForCreditLossesMemberifrs-full:FinancialAssetsImpairedMember2021-12-310001097362ifrs-full:GrossCarryingAmountMemberslf:MortgagesAndLoansMember2021-12-310001097362ifrs-full:MortgagesMemberifrs-full:AllowanceForCreditLossesMember2021-12-310001097362ifrs-full:LoanCommitmentsMemberifrs-full:AllowanceForCreditLossesMember2021-12-310001097362slf:MortgagesAndLoansMemberifrs-full:AllowanceForCreditLossesMember2021-12-310001097362ifrs-full:MortgagesMember2020-12-310001097362ifrs-full:LoanCommitmentsMember2020-12-310001097362slf:MortgagesAndLoansMember2020-12-310001097362ifrs-full:MortgagesMember2021-01-012021-12-310001097362ifrs-full:LoanCommitmentsMember2021-01-012021-12-310001097362slf:MortgagesAndLoansMember2021-01-012021-12-310001097362ifrs-full:MortgagesMember2022-01-012022-12-310001097362ifrs-full:LoanCommitmentsMember2022-01-012022-12-310001097362slf:MortgagesAndLoansMember2022-01-012022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:OtherEquitySecuritiesMembercountry:CA2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:OtherEquitySecuritiesMembercountry:CA2022-12-310001097362ifrs-full:OtherEquitySecuritiesMembercountry:CA2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:OtherEquitySecuritiesMembercountry:CA2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:OtherEquitySecuritiesMembercountry:CA2021-12-310001097362ifrs-full:OtherEquitySecuritiesMembercountry:CA2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:OtherEquitySecuritiesMembercountry:US2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:OtherEquitySecuritiesMembercountry:US2022-12-310001097362ifrs-full:OtherEquitySecuritiesMembercountry:US2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:OtherEquitySecuritiesMembercountry:US2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:OtherEquitySecuritiesMembercountry:US2021-12-310001097362ifrs-full:OtherEquitySecuritiesMembercountry:US2021-12-310001097362country:GBifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:OtherEquitySecuritiesMember2022-12-310001097362country:GBifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:OtherEquitySecuritiesMember2022-12-310001097362country:GBifrs-full:OtherEquitySecuritiesMember2022-12-310001097362country:GBifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberifrs-full:OtherEquitySecuritiesMember2021-12-310001097362country:GBifrs-full:FinancialAssetsAvailableforsaleCategoryMemberifrs-full:OtherEquitySecuritiesMember2021-12-310001097362country:GBifrs-full:OtherEquitySecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:OtherCountriesMemberifrs-full:OtherEquitySecuritiesMember2022-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:OtherCountriesMemberifrs-full:OtherEquitySecuritiesMember2022-12-310001097362ifrs-full:OtherEquitySecuritiesMemberslf:OtherCountriesMember2022-12-310001097362ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMemberslf:OtherCountriesMemberifrs-full:OtherEquitySecuritiesMember2021-12-310001097362ifrs-full:FinancialAssetsAvailableforsaleCategoryMemberslf:OtherCountriesMemberifrs-full:OtherEquitySecuritiesMember2021-12-310001097362ifrs-full:OtherEquitySecuritiesMemberslf:OtherCountriesMember2021-12-310001097362ifrs-full:OtherEquitySecuritiesMember2022-12-310001097362ifrs-full:OtherEquitySecuritiesMember2021-12-310001097362slf:SingleLifeInsuranceContractsInCanadaMember2022-01-012022-12-310001097362slf:SingleLifeInsuranceContractsOutsideOfCanadaMember2022-01-012022-12-310001097362slf:SurvivorshipLifeInsuranceContractsInCanadaMember2022-01-012022-12-310001097362slf:SurvivorshipLifeInsuranceContractsOutsideOfCanadaMember2022-01-012022-12-310001097362slf:PolicyholderBehaviourRiskMemberslf:IndividualLifeInsuranceContractsWhereFewerTerminationsAreFinanciallyAdverseMember2022-01-012022-12-310001097362slf:PolicyholderBehaviourRiskMemberslf:IndividualLifeInsuranceContractsWhereFewerTerminationsAreFinanciallyAdverseMember2021-01-012021-12-310001097362slf:IndividualLifeInsuranceContractsWhereMoreTerminationsAreFinanciallyAdverseMemberslf:PolicyholderBehaviourRiskMember2022-01-012022-12-310001097362slf:IndividualLifeInsuranceContractsWhereMoreTerminationsAreFinanciallyAdverseMemberslf:PolicyholderBehaviourRiskMember2021-01-012021-12-310001097362slf:MortalityRiskMemberslf:LifeInsuranceContractsWhereHigherMortalityIsFinanciallyAdverseMember2022-01-012022-12-310001097362slf:MortalityRiskMemberslf:LifeInsuranceContractsWhereHigherMortalityIsFinanciallyAdverseMember2021-01-012021-12-310001097362slf:MorbidityRiskMemberslf:LifeInsuranceContractsWhereMorbidityIsSignificantAssumptionMember2022-01-012022-12-310001097362slf:MorbidityRiskMemberslf:LifeInsuranceContractsWhereMorbidityIsSignificantAssumptionMember2021-01-012021-12-310001097362slf:LifeInsuranceAnnuitiesContractsMemberslf:LongevityRiskMember2021-01-012021-12-310001097362slf:LifeInsuranceAnnuitiesContractsMemberslf:LongevityRiskMember2022-01-012022-12-310001097362slf:ExpenseRiskMemberifrs-full:LifeInsuranceContractsMember2021-01-012021-12-310001097362slf:ExpenseRiskMemberifrs-full:LifeInsuranceContractsMember2022-01-012022-12-310001097362slf:SunLifeCanadaMemberifrs-full:GoodwillMember2020-12-310001097362ifrs-full:GoodwillMemberslf:SunLifeFinancialUnitedStatesEmployeeBenefitsMember2020-12-310001097362slf:SunLifeFinancialAsiaMemberifrs-full:GoodwillMember2020-12-310001097362ifrs-full:GoodwillMemberslf:SunLifeFinancialAssetManagementMember2020-12-310001097362slf:SunLifeFinancialCorporateMemberifrs-full:GoodwillMember2020-12-310001097362ifrs-full:GoodwillMember2020-12-310001097362slf:SunLifeCanadaMemberifrs-full:GoodwillMember2021-01-012021-12-310001097362ifrs-full:GoodwillMemberslf:SunLifeFinancialUnitedStatesEmployeeBenefitsMember2021-01-012021-12-310001097362slf:SunLifeFinancialAsiaMemberifrs-full:GoodwillMember2021-01-012021-12-310001097362ifrs-full:GoodwillMemberslf:SunLifeFinancialAssetManagementMember2021-01-012021-12-310001097362slf:SunLifeFinancialCorporateMemberifrs-full:GoodwillMember2021-01-012021-12-310001097362ifrs-full:GoodwillMember2021-01-012021-12-310001097362slf:SunLifeCanadaMemberifrs-full:GoodwillMember2021-12-310001097362ifrs-full:GoodwillMemberslf:SunLifeFinancialUnitedStatesEmployeeBenefitsMember2021-12-310001097362slf:SunLifeFinancialAsiaMemberifrs-full:GoodwillMember2021-12-310001097362ifrs-full:GoodwillMemberslf:SunLifeFinancialAssetManagementMember2021-12-310001097362slf:SunLifeFinancialCorporateMemberifrs-full:GoodwillMember2021-12-310001097362ifrs-full:GoodwillMember2021-12-310001097362slf:SunLifeCanadaMemberifrs-full:GoodwillMember2022-01-012022-12-310001097362ifrs-full:GoodwillMemberslf:SunLifeFinancialUnitedStatesEmployeeBenefitsMember2022-01-012022-12-310001097362slf:SunLifeFinancialAsiaMemberifrs-full:GoodwillMember2022-01-012022-12-310001097362ifrs-full:GoodwillMemberslf:SunLifeFinancialAssetManagementMember2022-01-012022-12-310001097362slf:SunLifeFinancialCorporateMemberifrs-full:GoodwillMember2022-01-012022-12-310001097362ifrs-full:GoodwillMember2022-01-012022-12-310001097362slf:SunLifeCanadaMemberifrs-full:GoodwillMember2022-12-310001097362ifrs-full:GoodwillMemberslf:SunLifeFinancialUnitedStatesEmployeeBenefitsMember2022-12-310001097362slf:SunLifeFinancialAsiaMemberifrs-full:GoodwillMember2022-12-310001097362ifrs-full:GoodwillMemberslf:SunLifeFinancialAssetManagementMember2022-12-310001097362slf:SunLifeFinancialCorporateMemberifrs-full:GoodwillMember2022-12-310001097362ifrs-full:GoodwillMember2022-12-310001097362ifrs-full:GoodwillMemberslf:SLFCanadaMember2022-12-310001097362ifrs-full:GoodwillMemberslf:SLFCanadaMember2021-12-310001097362ifrs-full:GoodwillMemberslf:SLFUSEmployeeBenefitsGroupMember2022-12-310001097362ifrs-full:GoodwillMemberslf:SLFUSEmployeeBenefitsGroupMember2021-12-310001097362ifrs-full:GoodwillMemberslf:SLFUSDentalGroupMember2022-12-310001097362ifrs-full:GoodwillMemberslf:SLFUSDentalGroupMember2021-12-310001097362slf:SunLifeFinancialAsiaMemberifrs-full:GoodwillMember2022-12-310001097362slf:SunLifeFinancialAsiaMemberifrs-full:GoodwillMember2021-12-310001097362slf:SLFAssetManagementMFSMemberifrs-full:GoodwillMember2022-12-310001097362slf:SLFAssetManagementMFSMemberifrs-full:GoodwillMember2021-12-310001097362slf:SLFAssetManagementSLIMMemberifrs-full:GoodwillMember2022-12-310001097362slf:SLFAssetManagementSLIMMemberifrs-full:GoodwillMember2021-12-310001097362ifrs-full:GoodwillMemberslf:CorporateUKMember2022-12-310001097362ifrs-full:GoodwillMemberslf:CorporateUKMember2021-12-3100010973622022-06-01slf:cashGeneratingUnit0001097362ifrs-full:IncomeApproachMemberifrs-full:BottomOfRangeMember2022-01-012022-12-310001097362ifrs-full:TopOfRangeMemberifrs-full:IncomeApproachMember2022-01-012022-12-310001097362ifrs-full:BottomOfRangeMember2022-12-310001097362ifrs-full:TopOfRangeMember2022-12-310001097362ifrs-full:ComputerSoftwareMemberifrs-full:GrossCarryingAmountMember2020-12-310001097362ifrs-full:OtherIntangibleAssetsMemberifrs-full:GrossCarryingAmountMember2020-12-310001097362ifrs-full:GrossCarryingAmountMemberslf:IndefiniteLifeIntangibleAssetsMember2020-12-310001097362ifrs-full:GrossCarryingAmountMember2020-12-310001097362ifrs-full:ComputerSoftwareMemberifrs-full:GrossCarryingAmountMember2021-01-012021-12-310001097362ifrs-full:OtherIntangibleAssetsMemberifrs-full:GrossCarryingAmountMember2021-01-012021-12-310001097362ifrs-full:GrossCarryingAmountMemberslf:IndefiniteLifeIntangibleAssetsMember2021-01-012021-12-310001097362ifrs-full:GrossCarryingAmountMember2021-01-012021-12-310001097362ifrs-full:ComputerSoftwareMemberifrs-full:GrossCarryingAmountMember2021-12-310001097362ifrs-full:OtherIntangibleAssetsMemberifrs-full:GrossCarryingAmountMember2021-12-310001097362ifrs-full:GrossCarryingAmountMemberslf:IndefiniteLifeIntangibleAssetsMember2021-12-310001097362ifrs-full:GrossCarryingAmountMember2021-12-310001097362ifrs-full:ComputerSoftwareMemberifrs-full:GrossCarryingAmountMember2022-01-012022-12-310001097362ifrs-full:OtherIntangibleAssetsMemberifrs-full:GrossCarryingAmountMember2022-01-012022-12-310001097362ifrs-full:GrossCarryingAmountMemberslf:IndefiniteLifeIntangibleAssetsMember2022-01-012022-12-310001097362ifrs-full:GrossCarryingAmountMember2022-01-012022-12-310001097362ifrs-full:ComputerSoftwareMemberifrs-full:GrossCarryingAmountMember2022-12-310001097362ifrs-full:OtherIntangibleAssetsMemberifrs-full:GrossCarryingAmountMember2022-12-310001097362ifrs-full:GrossCarryingAmountMemberslf:IndefiniteLifeIntangibleAssetsMember2022-12-310001097362ifrs-full:GrossCarryingAmountMember2022-12-310001097362ifrs-full:ComputerSoftwareMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2020-12-310001097362ifrs-full:OtherIntangibleAssetsMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2020-12-310001097362slf:IndefiniteLifeIntangibleAssetsMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2020-12-310001097362ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2020-12-310001097362ifrs-full:ComputerSoftwareMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2021-01-012021-12-310001097362ifrs-full:OtherIntangibleAssetsMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2021-01-012021-12-310001097362slf:IndefiniteLifeIntangibleAssetsMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2021-01-012021-12-310001097362ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2021-01-012021-12-310001097362ifrs-full:ComputerSoftwareMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2021-12-310001097362ifrs-full:OtherIntangibleAssetsMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2021-12-310001097362slf:IndefiniteLifeIntangibleAssetsMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2021-12-310001097362ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2021-12-310001097362ifrs-full:ComputerSoftwareMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2022-01-012022-12-310001097362ifrs-full:OtherIntangibleAssetsMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2022-01-012022-12-310001097362slf:IndefiniteLifeIntangibleAssetsMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2022-01-012022-12-310001097362ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2022-01-012022-12-310001097362ifrs-full:ComputerSoftwareMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2022-12-310001097362ifrs-full:OtherIntangibleAssetsMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2022-12-310001097362slf:IndefiniteLifeIntangibleAssetsMemberifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2022-12-310001097362ifrs-full:AccumulatedDepreciationAmortisationAndImpairmentMember2022-12-310001097362ifrs-full:ComputerSoftwareMember2021-12-310001097362ifrs-full:OtherIntangibleAssetsMember2021-12-310001097362slf:IndefiniteLifeIntangibleAssetsMember2021-12-310001097362ifrs-full:ComputerSoftwareMember2022-12-310001097362ifrs-full:OtherIntangibleAssetsMember2022-12-310001097362slf:IndefiniteLifeIntangibleAssetsMember2022-12-310001097362slf:DistributionSalesPotentialOfFieldForceMember2022-12-310001097362slf:DistributionSalesPotentialOfFieldForceMember2021-12-310001097362ifrs-full:CustomerrelatedIntangibleAssetsMember2022-12-310001097362ifrs-full:CustomerrelatedIntangibleAssetsMember2021-12-310001097362slf:FiniteLifeIntangibleAssetsMember2022-12-310001097362slf:FiniteLifeIntangibleAssetsMember2021-12-310001097362slf:FundManagementContractsMember2022-12-310001097362slf:FundManagementContractsMember2021-12-310001097362slf:IndividualParticipatingLifeMemberslf:SunLifeCanadaMember2022-12-310001097362slf:IndividualParticipatingLifeMemberslf:SunLifeFinancialUnitedStatesMember2022-12-310001097362slf:IndividualParticipatingLifeMemberslf:SunLifeFinancialAsiaMember2022-12-310001097362slf:IndividualParticipatingLifeMemberslf:SunLifeFinancialCorporateMember2022-12-310001097362slf:IndividualParticipatingLifeMember2022-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeCanadaMember2022-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeFinancialUnitedStatesMember2022-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeFinancialAsiaMember2022-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeFinancialCorporateMember2022-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMember2022-12-310001097362slf:SunLifeCanadaMemberslf:GroupLifeAndHealthMember2022-12-310001097362slf:SunLifeFinancialUnitedStatesMemberslf:GroupLifeAndHealthMember2022-12-310001097362slf:SunLifeFinancialAsiaMemberslf:GroupLifeAndHealthMember2022-12-310001097362slf:SunLifeFinancialCorporateMemberslf:GroupLifeAndHealthMember2022-12-310001097362slf:GroupLifeAndHealthMember2022-12-310001097362slf:SunLifeCanadaMemberslf:IndividualAnnuitiesMember2022-12-310001097362slf:SunLifeFinancialUnitedStatesMemberslf:IndividualAnnuitiesMember2022-12-310001097362slf:SunLifeFinancialAsiaMemberslf:IndividualAnnuitiesMember2022-12-310001097362slf:SunLifeFinancialCorporateMemberslf:IndividualAnnuitiesMember2022-12-310001097362slf:IndividualAnnuitiesMember2022-12-310001097362slf:SunLifeCanadaMemberslf:GroupAnnuitiesMember2022-12-310001097362slf:SunLifeFinancialUnitedStatesMemberslf:GroupAnnuitiesMember2022-12-310001097362slf:SunLifeFinancialAsiaMemberslf:GroupAnnuitiesMember2022-12-310001097362slf:SunLifeFinancialCorporateMemberslf:GroupAnnuitiesMember2022-12-310001097362slf:GroupAnnuitiesMember2022-12-310001097362slf:InsuranceContractLiabilitiesBeforeOtherPolicyLiabilitiesMemberslf:SunLifeCanadaMember2022-12-310001097362slf:InsuranceContractLiabilitiesBeforeOtherPolicyLiabilitiesMemberslf:SunLifeFinancialUnitedStatesMember2022-12-310001097362slf:InsuranceContractLiabilitiesBeforeOtherPolicyLiabilitiesMemberslf:SunLifeFinancialAsiaMember2022-12-310001097362slf:InsuranceContractLiabilitiesBeforeOtherPolicyLiabilitiesMemberslf:SunLifeFinancialCorporateMember2022-12-310001097362slf:InsuranceContractLiabilitiesBeforeOtherPolicyLiabilitiesMember2022-12-310001097362slf:OtherPolicyLiabilitiesMemberslf:SunLifeCanadaMember2022-12-310001097362slf:OtherPolicyLiabilitiesMemberslf:SunLifeFinancialUnitedStatesMember2022-12-310001097362slf:OtherPolicyLiabilitiesMemberslf:SunLifeFinancialAsiaMember2022-12-310001097362slf:OtherPolicyLiabilitiesMemberslf:SunLifeFinancialCorporateMember2022-12-310001097362slf:OtherPolicyLiabilitiesMember2022-12-310001097362slf:SunLifeCanadaMember2022-12-310001097362slf:SunLifeFinancialUnitedStatesMember2022-12-310001097362slf:SunLifeFinancialAsiaMember2022-12-310001097362slf:IndividualParticipatingLifeMembercountry:GBslf:SunLifeFinancialCorporateMember2022-12-310001097362country:GBslf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeFinancialCorporateMember2022-12-310001097362country:GBslf:SunLifeFinancialCorporateMemberslf:IndividualAnnuitiesMember2022-12-310001097362country:GBslf:OtherPolicyLiabilitiesMemberslf:SunLifeFinancialCorporateMember2022-12-310001097362slf:IndividualParticipatingLifeMemberslf:SunLifeCanadaMember2021-12-310001097362slf:IndividualParticipatingLifeMemberslf:SunLifeFinancialUnitedStatesMember2021-12-310001097362slf:IndividualParticipatingLifeMemberslf:SunLifeFinancialAsiaMember2021-12-310001097362slf:IndividualParticipatingLifeMemberslf:SunLifeFinancialCorporateMember2021-12-310001097362slf:IndividualParticipatingLifeMember2021-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeCanadaMember2021-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeFinancialUnitedStatesMember2021-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeFinancialAsiaMember2021-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeFinancialCorporateMember2021-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMember2021-12-310001097362slf:SunLifeCanadaMemberslf:GroupLifeAndHealthMember2021-12-310001097362slf:SunLifeFinancialUnitedStatesMemberslf:GroupLifeAndHealthMember2021-12-310001097362slf:SunLifeFinancialAsiaMemberslf:GroupLifeAndHealthMember2021-12-310001097362slf:SunLifeFinancialCorporateMemberslf:GroupLifeAndHealthMember2021-12-310001097362slf:GroupLifeAndHealthMember2021-12-310001097362slf:SunLifeCanadaMemberslf:IndividualAnnuitiesMember2021-12-310001097362slf:SunLifeFinancialUnitedStatesMemberslf:IndividualAnnuitiesMember2021-12-310001097362slf:SunLifeFinancialAsiaMemberslf:IndividualAnnuitiesMember2021-12-310001097362slf:SunLifeFinancialCorporateMemberslf:IndividualAnnuitiesMember2021-12-310001097362slf:IndividualAnnuitiesMember2021-12-310001097362slf:SunLifeCanadaMemberslf:GroupAnnuitiesMember2021-12-310001097362slf:SunLifeFinancialUnitedStatesMemberslf:GroupAnnuitiesMember2021-12-310001097362slf:SunLifeFinancialAsiaMemberslf:GroupAnnuitiesMember2021-12-310001097362slf:SunLifeFinancialCorporateMemberslf:GroupAnnuitiesMember2021-12-310001097362slf:GroupAnnuitiesMember2021-12-310001097362slf:InsuranceContractLiabilitiesBeforeOtherPolicyLiabilitiesMemberslf:SunLifeCanadaMember2021-12-310001097362slf:InsuranceContractLiabilitiesBeforeOtherPolicyLiabilitiesMemberslf:SunLifeFinancialUnitedStatesMember2021-12-310001097362slf:InsuranceContractLiabilitiesBeforeOtherPolicyLiabilitiesMemberslf:SunLifeFinancialAsiaMember2021-12-310001097362slf:InsuranceContractLiabilitiesBeforeOtherPolicyLiabilitiesMemberslf:SunLifeFinancialCorporateMember2021-12-310001097362slf:InsuranceContractLiabilitiesBeforeOtherPolicyLiabilitiesMember2021-12-310001097362slf:OtherPolicyLiabilitiesMemberslf:SunLifeCanadaMember2021-12-310001097362slf:OtherPolicyLiabilitiesMemberslf:SunLifeFinancialUnitedStatesMember2021-12-310001097362slf:OtherPolicyLiabilitiesMemberslf:SunLifeFinancialAsiaMember2021-12-310001097362slf:OtherPolicyLiabilitiesMemberslf:SunLifeFinancialCorporateMember2021-12-310001097362slf:OtherPolicyLiabilitiesMember2021-12-310001097362slf:SunLifeCanadaMember2021-12-310001097362slf:SunLifeFinancialUnitedStatesMember2021-12-310001097362slf:SunLifeFinancialAsiaMember2021-12-310001097362slf:IndividualParticipatingLifeMembercountry:GBslf:SunLifeFinancialCorporateMember2021-12-310001097362country:GBslf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeFinancialCorporateMember2021-12-310001097362country:GBslf:SunLifeFinancialCorporateMemberslf:IndividualAnnuitiesMember2021-12-310001097362country:GBslf:OtherPolicyLiabilitiesMemberslf:SunLifeFinancialCorporateMember2021-12-310001097362slf:InsuranceContractLiabilitiesAndReinsuranceAssetsBeforeOtherPolicyLiabilitiesAndAssetsMember2021-12-310001097362slf:InsuranceContractLiabilitiesAndReinsuranceAssetsBeforeOtherPolicyLiabilitiesAndAssetsMember2020-12-310001097362slf:InsuranceContractLiabilitiesAndReinsuranceAssetsBeforeOtherPolicyLiabilitiesAndAssetsMember2022-12-310001097362slf:OtherPolicyLiabilitiesAndAssetsMember2022-12-310001097362slf:OtherPolicyLiabilitiesAndAssetsMember2021-12-310001097362slf:ActuarialAssumptionOfMortalityAndMorbidityMember2022-01-012022-12-310001097362slf:ActuarialAssumptionOfLapseAndOtherPolicyholderBehaviourMember2022-01-012022-12-310001097362slf:ActuarialAssumptionOfExpensesMember2022-01-012022-12-310001097362slf:ActuarialAssumptionOfInvestmentReturnsMember2022-01-012022-12-310001097362slf:ActuarialAssumptionOfModelEnhancementsAndOtherMember2022-01-012022-12-310001097362slf:ActuarialAssumptionOfMortalityAndMorbidityMember2021-01-012021-12-310001097362slf:ActuarialAssumptionOfLapseAndOtherPolicyholderBehaviourMember2021-01-012021-12-310001097362slf:ActuarialAssumptionOfExpensesMember2021-01-012021-12-310001097362slf:ActuarialAssumptionOfInvestmentReturnsMember2021-01-012021-12-310001097362slf:ActuarialAssumptionOfModelEnhancementsAndOtherMember2021-01-012021-12-310001097362slf:InvestmentContractsLiabilitiesWithDiscretionaryParticipationFeaturesMember2022-12-310001097362slf:InvestmentContractsLiabilitiesWIthoutDiscretionaryParticipationFeaturesMemberifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember2022-12-310001097362ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMemberslf:InvestmentContractsLiabilitiesWIthoutDiscretionaryParticipationFeaturesMember2022-12-310001097362slf:InvestmentContractsLiabilitiesWithDiscretionaryParticipationFeaturesMember2021-12-310001097362slf:InvestmentContractsLiabilitiesWIthoutDiscretionaryParticipationFeaturesMemberifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember2021-12-310001097362ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMemberslf:InvestmentContractsLiabilitiesWIthoutDiscretionaryParticipationFeaturesMember2021-12-310001097362ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMemberslf:InvestmentContractsLiabilitiesWIthoutDiscretionaryParticipationFeaturesMember2020-12-310001097362slf:InvestmentContractsLiabilitiesWIthoutDiscretionaryParticipationFeaturesMemberifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember2020-12-310001097362ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMemberslf:InvestmentContractsLiabilitiesWIthoutDiscretionaryParticipationFeaturesMember2022-01-012022-12-310001097362slf:InvestmentContractsLiabilitiesWIthoutDiscretionaryParticipationFeaturesMemberifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember2022-01-012022-12-310001097362ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMemberslf:InvestmentContractsLiabilitiesWIthoutDiscretionaryParticipationFeaturesMember2021-01-012021-12-310001097362slf:InvestmentContractsLiabilitiesWIthoutDiscretionaryParticipationFeaturesMemberifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember2021-01-012021-12-310001097362slf:InvestmentContractsLiabilitiesWithDiscretionaryParticipationFeaturesMember2020-12-310001097362slf:InvestmentContractsLiabilitiesWithDiscretionaryParticipationFeaturesMember2022-01-012022-12-310001097362slf:InvestmentContractsLiabilitiesWithDiscretionaryParticipationFeaturesMember2021-01-012021-12-310001097362slf:IndividualParticipatingLifeMemberifrs-full:DebtSecuritiesMember2022-12-310001097362slf:IndividualParticipatingLifeMemberifrs-full:OtherEquitySecuritiesMember2022-12-310001097362slf:IndividualParticipatingLifeMemberslf:MortgagesAndLoansMember2022-12-310001097362slf:IndividualParticipatingLifeMemberifrs-full:InvestmentPropertyMember2022-12-310001097362slf:IndividualParticipatingLifeMemberslf:OtherFinancialAssetsMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberslf:IndividualNonparticipatingLifeAndHealthMember2022-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberifrs-full:OtherEquitySecuritiesMember2022-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberslf:MortgagesAndLoansMember2022-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberifrs-full:InvestmentPropertyMember2022-12-310001097362slf:OtherFinancialAssetsMemberslf:IndividualNonparticipatingLifeAndHealthMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberslf:GroupLifeAndHealthMember2022-12-310001097362ifrs-full:OtherEquitySecuritiesMemberslf:GroupLifeAndHealthMember2022-12-310001097362slf:MortgagesAndLoansMemberslf:GroupLifeAndHealthMember2022-12-310001097362ifrs-full:InvestmentPropertyMemberslf:GroupLifeAndHealthMember2022-12-310001097362slf:OtherFinancialAssetsMemberslf:GroupLifeAndHealthMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberslf:IndividualAnnuitiesMember2022-12-310001097362ifrs-full:OtherEquitySecuritiesMemberslf:IndividualAnnuitiesMember2022-12-310001097362slf:MortgagesAndLoansMemberslf:IndividualAnnuitiesMember2022-12-310001097362ifrs-full:InvestmentPropertyMemberslf:IndividualAnnuitiesMember2022-12-310001097362slf:OtherFinancialAssetsMemberslf:IndividualAnnuitiesMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberslf:GroupAnnuitiesMember2022-12-310001097362ifrs-full:OtherEquitySecuritiesMemberslf:GroupAnnuitiesMember2022-12-310001097362slf:MortgagesAndLoansMemberslf:GroupAnnuitiesMember2022-12-310001097362ifrs-full:InvestmentPropertyMemberslf:GroupAnnuitiesMember2022-12-310001097362slf:OtherFinancialAssetsMemberslf:GroupAnnuitiesMember2022-12-310001097362ifrs-full:DebtSecuritiesMemberslf:EquityAndOtherMember2022-12-310001097362ifrs-full:OtherEquitySecuritiesMemberslf:EquityAndOtherMember2022-12-310001097362slf:MortgagesAndLoansMemberslf:EquityAndOtherMember2022-12-310001097362ifrs-full:InvestmentPropertyMemberslf:EquityAndOtherMember2022-12-310001097362slf:OtherFinancialAssetsMemberslf:EquityAndOtherMember2022-12-310001097362slf:EquityAndOtherMember2022-12-310001097362ifrs-full:InvestmentPropertyMember2022-12-310001097362slf:OtherFinancialAssetsMember2022-12-310001097362slf:IndividualParticipatingLifeMemberifrs-full:DebtSecuritiesMember2021-12-310001097362slf:IndividualParticipatingLifeMemberifrs-full:OtherEquitySecuritiesMember2021-12-310001097362slf:IndividualParticipatingLifeMemberslf:MortgagesAndLoansMember2021-12-310001097362slf:IndividualParticipatingLifeMemberifrs-full:InvestmentPropertyMember2021-12-310001097362slf:IndividualParticipatingLifeMemberslf:OtherFinancialAssetsMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberslf:IndividualNonparticipatingLifeAndHealthMember2021-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberifrs-full:OtherEquitySecuritiesMember2021-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberslf:MortgagesAndLoansMember2021-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberifrs-full:InvestmentPropertyMember2021-12-310001097362slf:OtherFinancialAssetsMemberslf:IndividualNonparticipatingLifeAndHealthMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberslf:GroupLifeAndHealthMember2021-12-310001097362ifrs-full:OtherEquitySecuritiesMemberslf:GroupLifeAndHealthMember2021-12-310001097362slf:MortgagesAndLoansMemberslf:GroupLifeAndHealthMember2021-12-310001097362ifrs-full:InvestmentPropertyMemberslf:GroupLifeAndHealthMember2021-12-310001097362slf:OtherFinancialAssetsMemberslf:GroupLifeAndHealthMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberslf:IndividualAnnuitiesMember2021-12-310001097362ifrs-full:OtherEquitySecuritiesMemberslf:IndividualAnnuitiesMember2021-12-310001097362slf:MortgagesAndLoansMemberslf:IndividualAnnuitiesMember2021-12-310001097362ifrs-full:InvestmentPropertyMemberslf:IndividualAnnuitiesMember2021-12-310001097362slf:OtherFinancialAssetsMemberslf:IndividualAnnuitiesMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberslf:GroupAnnuitiesMember2021-12-310001097362ifrs-full:OtherEquitySecuritiesMemberslf:GroupAnnuitiesMember2021-12-310001097362slf:MortgagesAndLoansMemberslf:GroupAnnuitiesMember2021-12-310001097362ifrs-full:InvestmentPropertyMemberslf:GroupAnnuitiesMember2021-12-310001097362slf:OtherFinancialAssetsMemberslf:GroupAnnuitiesMember2021-12-310001097362ifrs-full:DebtSecuritiesMemberslf:EquityAndOtherMember2021-12-310001097362ifrs-full:OtherEquitySecuritiesMemberslf:EquityAndOtherMember2021-12-310001097362slf:MortgagesAndLoansMemberslf:EquityAndOtherMember2021-12-310001097362ifrs-full:InvestmentPropertyMemberslf:EquityAndOtherMember2021-12-310001097362slf:OtherFinancialAssetsMemberslf:EquityAndOtherMember2021-12-310001097362slf:EquityAndOtherMember2021-12-310001097362ifrs-full:InvestmentPropertyMember2021-12-310001097362slf:OtherFinancialAssetsMember2021-12-310001097362slf:SunLifeCanadaMemberslf:IndividualParticipatingLifeMember2022-12-310001097362slf:SunLifeFinancialUnitedStatesMemberslf:IndividualParticipatingLifeMember2022-12-310001097362slf:SunLifeFinancialAsiaMemberslf:IndividualParticipatingLifeMember2022-12-310001097362slf:SunLifeFinancialCorporateMemberslf:IndividualParticipatingLifeMember2022-12-310001097362slf:IndividualParticipatingLifeMember2022-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeCanadaMember2022-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeFinancialUnitedStatesMember2022-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeFinancialAsiaMember2022-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeFinancialCorporateMember2022-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMember2022-12-310001097362slf:SunLifeCanadaMemberslf:GroupLifeAndHealthMember2022-12-310001097362slf:SunLifeFinancialUnitedStatesMemberslf:GroupLifeAndHealthMember2022-12-310001097362slf:SunLifeFinancialAsiaMemberslf:GroupLifeAndHealthMember2022-12-310001097362slf:SunLifeFinancialCorporateMemberslf:GroupLifeAndHealthMember2022-12-310001097362slf:GroupLifeAndHealthMember2022-12-310001097362slf:IndividualAnnuitiesMemberslf:SunLifeCanadaMember2022-12-310001097362slf:IndividualAnnuitiesMemberslf:SunLifeFinancialUnitedStatesMember2022-12-310001097362slf:IndividualAnnuitiesMemberslf:SunLifeFinancialAsiaMember2022-12-310001097362slf:IndividualAnnuitiesMemberslf:SunLifeFinancialCorporateMember2022-12-310001097362slf:IndividualAnnuitiesMember2022-12-310001097362slf:GroupAnnuitiesMemberslf:SunLifeCanadaMember2022-12-310001097362slf:GroupAnnuitiesMemberslf:SunLifeFinancialUnitedStatesMember2022-12-310001097362slf:GroupAnnuitiesMemberslf:SunLifeFinancialAsiaMember2022-12-310001097362slf:GroupAnnuitiesMemberslf:SunLifeFinancialCorporateMember2022-12-310001097362slf:GroupAnnuitiesMember2022-12-310001097362slf:SunLifeCanadaMemberslf:ReinsuranceAssetsBeforeOtherPolicyAssetsMember2022-12-310001097362slf:SunLifeFinancialUnitedStatesMemberslf:ReinsuranceAssetsBeforeOtherPolicyAssetsMember2022-12-310001097362slf:SunLifeFinancialAsiaMemberslf:ReinsuranceAssetsBeforeOtherPolicyAssetsMember2022-12-310001097362slf:SunLifeFinancialCorporateMemberslf:ReinsuranceAssetsBeforeOtherPolicyAssetsMember2022-12-310001097362slf:ReinsuranceAssetsBeforeOtherPolicyAssetsMember2022-12-310001097362slf:OtherPolicyAssetsMemberslf:SunLifeCanadaMember2022-12-310001097362slf:OtherPolicyAssetsMemberslf:SunLifeFinancialUnitedStatesMember2022-12-310001097362slf:OtherPolicyAssetsMemberslf:SunLifeFinancialAsiaMember2022-12-310001097362slf:OtherPolicyAssetsMemberslf:SunLifeFinancialCorporateMember2022-12-310001097362slf:OtherPolicyAssetsMember2022-12-310001097362country:GBslf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeFinancialCorporateMember2022-12-310001097362country:GBslf:IndividualAnnuitiesMemberslf:SunLifeFinancialCorporateMember2022-12-310001097362slf:SunLifeCanadaMemberslf:IndividualParticipatingLifeMember2021-12-310001097362slf:SunLifeFinancialUnitedStatesMemberslf:IndividualParticipatingLifeMember2021-12-310001097362slf:SunLifeFinancialAsiaMemberslf:IndividualParticipatingLifeMember2021-12-310001097362slf:SunLifeFinancialCorporateMemberslf:IndividualParticipatingLifeMember2021-12-310001097362slf:IndividualParticipatingLifeMember2021-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeCanadaMember2021-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeFinancialUnitedStatesMember2021-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeFinancialAsiaMember2021-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeFinancialCorporateMember2021-12-310001097362slf:IndividualNonparticipatingLifeAndHealthMember2021-12-310001097362slf:SunLifeCanadaMemberslf:GroupLifeAndHealthMember2021-12-310001097362slf:SunLifeFinancialUnitedStatesMemberslf:GroupLifeAndHealthMember2021-12-310001097362slf:SunLifeFinancialAsiaMemberslf:GroupLifeAndHealthMember2021-12-310001097362slf:SunLifeFinancialCorporateMemberslf:GroupLifeAndHealthMember2021-12-310001097362slf:GroupLifeAndHealthMember2021-12-310001097362slf:IndividualAnnuitiesMemberslf:SunLifeCanadaMember2021-12-310001097362slf:IndividualAnnuitiesMemberslf:SunLifeFinancialUnitedStatesMember2021-12-310001097362slf:IndividualAnnuitiesMemberslf:SunLifeFinancialAsiaMember2021-12-310001097362slf:IndividualAnnuitiesMemberslf:SunLifeFinancialCorporateMember2021-12-310001097362slf:IndividualAnnuitiesMember2021-12-310001097362slf:GroupAnnuitiesMemberslf:SunLifeCanadaMember2021-12-310001097362slf:GroupAnnuitiesMemberslf:SunLifeFinancialUnitedStatesMember2021-12-310001097362slf:GroupAnnuitiesMemberslf:SunLifeFinancialAsiaMember2021-12-310001097362slf:GroupAnnuitiesMemberslf:SunLifeFinancialCorporateMember2021-12-310001097362slf:GroupAnnuitiesMember2021-12-310001097362slf:SunLifeCanadaMemberslf:ReinsuranceAssetsBeforeOtherPolicyAssetsMember2021-12-310001097362slf:SunLifeFinancialUnitedStatesMemberslf:ReinsuranceAssetsBeforeOtherPolicyAssetsMember2021-12-310001097362slf:SunLifeFinancialAsiaMemberslf:ReinsuranceAssetsBeforeOtherPolicyAssetsMember2021-12-310001097362slf:SunLifeFinancialCorporateMemberslf:ReinsuranceAssetsBeforeOtherPolicyAssetsMember2021-12-310001097362slf:ReinsuranceAssetsBeforeOtherPolicyAssetsMember2021-12-310001097362slf:OtherPolicyAssetsMemberslf:SunLifeCanadaMember2021-12-310001097362slf:OtherPolicyAssetsMemberslf:SunLifeFinancialUnitedStatesMember2021-12-310001097362slf:OtherPolicyAssetsMemberslf:SunLifeFinancialAsiaMember2021-12-310001097362slf:OtherPolicyAssetsMemberslf:SunLifeFinancialCorporateMember2021-12-310001097362slf:OtherPolicyAssetsMember2021-12-310001097362country:GBslf:IndividualNonparticipatingLifeAndHealthMemberslf:SunLifeFinancialCorporateMember2021-12-310001097362country:GBslf:IndividualAnnuitiesMemberslf:SunLifeFinancialCorporateMember2021-12-310001097362slf:ReinsuranceAssetsMember2021-01-012021-12-310001097362slf:ReinsuranceAssetsMember2022-01-012022-12-310001097362slf:OtherBorrowingsMember2022-01-012022-12-310001097362slf:OtherBorrowingsMember2021-01-012021-12-310001097362slf:OtherFinancialLiabilitiesMember2022-01-012022-12-310001097362slf:OtherFinancialLiabilitiesMember2021-01-012021-12-310001097362slf:EncumbranceOnRealEstateMaturingin2033Member2022-12-310001097362slf:EncumbranceOnRealEstateMaturingin2033Member2021-12-310001097362slf:EncumbranceOnRealEstateMaturingin2020Member2022-12-310001097362slf:EncumbranceOnRealEstateMaturingin2020Member2021-12-310001097362slf:SunLifeAssuranceSeriesBSeniorDebenturesIssuedJune252002Member2022-12-310001097362slf:SunLifeAssuranceSeriesBSeniorDebenturesIssuedJune252002Member2021-12-310001097362slf:SeniorDebenturesMember2022-12-310001097362slf:SeniorDebenturesMember2021-12-310001097362slf:SunLifeAssuranceSeriesBSeniorDebenturesIssuedJune252002Memberslf:GovernmentOfCanadaBondYieldMember2022-12-310001097362slf:SeniorDebenturesMember2022-01-012022-12-310001097362slf:SeniorDebenturesMember2021-01-012021-12-310001097362slf:NonCumulativePerpetualPreferenceSharesMemberslf:SunLifeExchangEableCapitalSecuritiesMember2022-01-012022-12-310001097362slf:AnnualYieldMemberslf:SunLifeCapitalTrustSLEECSBMember2022-12-310001097362slf:SunLifeCapitalTrustSLEECSBMember2022-12-310001097362slf:SunLifeCapitalTrustSLEECSBMemberslf:GovernmentOfCanadaBondYieldMember2022-12-310001097362slf:NonCumulativePerpetualPreferenceSharesMemberslf:SunLifeCapitalTrustSLEECSBMember2022-01-012022-12-310001097362slf:SunLifeAssuranceSubordinatedDebtIssuedMay151998Member2022-12-310001097362slf:SunLifeAssuranceSubordinatedDebtIssuedMay151998Member2021-12-310001097362slf:SunLifeFinancialInc.SubordinatedDebtIssuedMay292007Member2022-12-310001097362slf:SunLifeFinancialInc.SubordinatedDebtIssuedMay292007Member2021-12-310001097362slf:SunLifeFinancialInc.SubordinatedDebtIssuedSeptember192016Member2022-12-310001097362slf:SunLifeFinancialInc.SubordinatedDebtIssuedSeptember192016Member2021-12-310001097362slf:SunLifeFinancialInc.SubordinatedDebtIssuedNovember232017Member2022-12-310001097362slf:SunLifeFinancialInc.SubordinatedDebtIssuedNovember232017Member2021-12-310001097362slf:SunLifeFinancialIncSubordinatedDebtIssuedAugust132019Member2022-12-310001097362slf:SunLifeFinancialIncSubordinatedDebtIssuedAugust132019Member2021-12-310001097362slf:SunLifeFinancialIncSubordinatedDebtIssuedMay82020Member2022-12-310001097362slf:SunLifeFinancialIncSubordinatedDebtIssuedMay82020Member2021-12-310001097362slf:SunLifeFinancialIncSubordinatedDebtIssuedOctober12020Member2022-12-310001097362slf:SunLifeFinancialIncSubordinatedDebtIssuedOctober12020Member2021-12-310001097362slf:SunLifeFinancialIncSubordinatedDebtIssuedNovember182021RedemptionNovember182026Member2022-12-310001097362slf:SunLifeFinancialIncSubordinatedDebtIssuedNovember182021RedemptionNovember182026Member2021-12-310001097362slf:SunLifeFinancialIncSubordinatedDebtIssuedNovember182021RedemptionNovember212028Member2022-12-310001097362slf:SunLifeFinancialIncSubordinatedDebtIssuedNovember182021RedemptionNovember212028Member2021-12-310001097362slf:SunLifeFinancialIncSubordinatedDebtIssuedNovember182021RedemptionNovember182031Member2022-12-310001097362slf:SunLifeFinancialIncSubordinatedDebtIssuedNovember182021RedemptionNovember182031Member2021-12-310001097362slf:SunLifeFinancialIncSubordinatedDebtIssuedAugust102022RedemptionAugust102029Member2022-12-310001097362slf:SunLifeFinancialIncSubordinatedDebtIssuedAugust102022RedemptionAugust102029Member2021-12-310001097362slf:SubordinatedLiabilitiesMember2022-12-310001097362slf:SubordinatedLiabilitiesMember2021-12-310001097362slf:SunLifeAssuranceSubordinatedDebtIssuedMay151998Memberslf:GovernmentOfCanadaBondYieldMember2022-12-310001097362slf:CanadianDollarOfferedRateCDORMemberslf:BorrowingsAfterRedemptionDateMemberslf:SunLifeFinancialInc.SubordinatedDebtIssuedMay292007Member2022-12-310001097362slf:SunLifeFinancialInc.SubordinatedDebtIssuedMay292007Memberslf:GovernmentOfCanadaBondYieldMemberslf:BorrowingsBeforeRedemptionDateMember2022-12-310001097362slf:CanadianDollarOfferedRateCDORMemberslf:BorrowingsAfterRedemptionDateMemberslf:SunLifeFinancialInc.SubordinatedDebtIssuedSeptember192016Member2022-12-310001097362slf:SunLifeFinancialIncSubordinatedDebtIssuedMay82020Memberslf:GovernmentOfCanadaBondYieldMemberslf:BorrowingsBeforeRedemptionDateMember2022-12-310001097362slf:SunLifeFinancialInc.SubordinatedDebtIssuedNovember232017Memberslf:CanadianDollarOfferedRateCDORMemberslf:BorrowingsAfterRedemptionDateMember2022-12-310001097362slf:SunLifeFinancialInc.SubordinatedDebtIssuedNovember232017Member2022-11-232022-11-230001097362slf:CanadianDollarOfferedRateCDORMemberslf:BorrowingsAfterRedemptionDateMemberslf:SunLifeFinancialIncSubordinatedDebtIssuedAugust132019Member2022-12-310001097362slf:SunLifeFinancialIncSubordinatedDebtIssuedMay82020Memberslf:CanadianDollarOfferedRateCDORMember2022-12-310001097362slf:CanadianDollarOfferedRateCDORMemberslf:SunLifeFinancialIncSubordinatedDebtIssuedOctober12020Member2022-12-310001097362slf:GovernmentOfCanadaBondYieldMemberslf:BorrowingsBeforeRedemptionDateMemberslf:SunLifeFinancialIncSubordinatedDebtIssuedOctober12020Member2022-12-310001097362slf:CanadianDollarOfferedRateCDORMemberslf:BorrowingsAfterRedemptionDateMemberslf:SunLifeFinancialIncSubordinatedDebtIssuedNovember182021RedemptionNovember182026Member2022-12-310001097362slf:CanadianDollarOfferedRateCDORMemberslf:SunLifeFinancialIncSubordinatedDebtIssuedNovember182021RedemptionNovember212028Member2022-12-310001097362slf:GovernmentOfCanadaBondYieldMemberslf:SunLifeFinancialIncSubordinatedDebtIssuedNovember182021RedemptionNovember212028Memberslf:BorrowingsBeforeRedemptionDateMember2022-12-310001097362slf:CanadianDollarOfferedRateCDORMemberslf:SunLifeFinancialIncSubordinatedDebtIssuedNovember182021RedemptionNovember182031Member2022-12-310001097362slf:GovernmentOfCanadaBondYieldMemberslf:BorrowingsBeforeRedemptionDateMemberslf:SunLifeFinancialIncSubordinatedDebtIssuedNovember182021RedemptionNovember182031Member2022-12-310001097362slf:CanadaOvernightRepoRateAverageCORRAMemberslf:SunLifeFinancialIncSubordinatedDebtIssuedAugust102022RedemptionAugust102029Member2022-12-310001097362slf:SubordinatedLiabilitiesMember2022-01-012022-12-310001097362slf:SubordinatedLiabilitiesMember2021-01-012021-12-310001097362ifrs-full:PreferenceSharesMember2022-01-012022-12-31slf:class_series0001097362ifrs-full:OrdinarySharesMember2021-12-310001097362ifrs-full:OrdinarySharesMember2020-12-310001097362ifrs-full:OrdinarySharesMember2022-01-012022-12-310001097362ifrs-full:OrdinarySharesMember2021-01-012021-12-310001097362slf:Series20211NotesMember2021-06-300001097362slf:Series20211NotesMemberslf:CanadianFederalGovernmentMember2021-06-300001097362slf:PreferenceSharesClassASeries14Member2021-06-300001097362slf:PreferenceSharesClassASeries1Member2021-09-292021-09-290001097362slf:PreferenceSharesClassASeries2Member2021-09-292021-09-290001097362slf:PreferenceSharesClassASeries10RMember2021-09-302021-09-300001097362slf:PreferenceSharesClassASeries10RMember2021-09-290001097362slf:PreferenceSharesClassASeries11QRMember2021-09-302021-09-300001097362slf:PreferenceSharesClassASeries11QRMember2021-09-290001097362slf:PreferenceSharesClassASeries10RMember2021-09-300001097362slf:PreferenceSharesClassASeries11QRMember2021-09-300001097362slf:PreferenceSharesClassASeries12RMember2021-12-312021-12-310001097362slf:PreferenceSharesClassASeries3Member2022-01-012022-12-310001097362slf:PreferenceSharesClassASeries4Member2022-01-012022-12-310001097362slf:PreferenceSharesClassASeries5Member2022-01-012022-12-310001097362slf:PreferenceSharesClassASeries8RMember2022-01-012022-12-310001097362slf:PreferenceSharesClassASeries10RMember2022-01-012022-12-310001097362slf:Series20211NotesMember2022-01-012022-12-310001097362slf:Series20211NotesMember2022-12-310001097362ifrs-full:PreferenceSharesMember2022-12-310001097362slf:PreferenceSharesClassASeries8RAndSeries10RMember2022-12-310001097362slf:PreferenceSharesClassASeries9QRMember2022-01-012022-12-310001097362slf:PreferenceSharesClassASeries11QRMember2022-01-012022-12-310001097362slf:PreferenceSharesClassASeries9QRAndSeries11QROnRedemptionDateAndEveryFiveYearsThereafterMember2022-12-310001097362slf:PreferenceSharesClassASeries9QRAndSeries11QROnAnyOtherDateMember2022-12-310001097362slf:AdityaBirlaSunLifeAMCLimitedJointVentureMember2022-01-012022-12-310001097362slf:CanadianRealEstateJointVenturesMember2022-12-310001097362slf:CanadianRealEstateJointVenturesMember2021-12-310001097362ifrs-full:JointVenturesWhereEntityIsVenturerMember2022-01-012022-12-310001097362ifrs-full:JointVenturesWhereEntityIsVenturerMember2021-01-012021-12-310001097362ifrs-full:JointOperationsMember2022-12-310001097362ifrs-full:JointOperationsMember2021-12-310001097362slf:SecuritisationVehiclesManagedByThirdPartyMemberifrs-full:DebtSecuritiesMember2022-12-310001097362slf:SecuritisationVehiclesManagedByThirdPartyMemberifrs-full:DebtSecuritiesMember2021-12-310001097362slf:CashCashEquivalentsAndShortTermInvestmentsMemberslf:SecuritisationVehiclesManagedByThirdPartyMember2022-12-310001097362slf:CashCashEquivalentsAndShortTermInvestmentsMemberslf:SecuritisationVehiclesManagedByThirdPartyMember2021-12-310001097362ifrs-full:OtherEquitySecuritiesMemberslf:InvestmentFundsManagedByThirdPartyMember2022-12-310001097362ifrs-full:OtherEquitySecuritiesMemberslf:InvestmentFundsManagedByThirdPartyMember2021-12-310001097362slf:InvestmentFundsManagedByParentMemberslf:OtherEquitySecuritiesAndOtherInvestedAssetsMember2022-12-310001097362slf:InvestmentFundsManagedByParentMemberslf:OtherEquitySecuritiesAndOtherInvestedAssetsMember2021-12-310001097362slf:LimitedPartnershipsManagedByThirdPartyMemberslf:OtherInvestedAssetsMember2022-12-310001097362slf:LimitedPartnershipsManagedByThirdPartyMemberslf:OtherInvestedAssetsMember2021-12-310001097362ifrs-full:JointVenturesMemberifrs-full:InvestmentFundsMember2022-12-310001097362ifrs-full:JointVenturesMemberifrs-full:InvestmentFundsMember2021-12-310001097362slf:AdityaBirlaSunLifeAMCLimitedJointVentureMember2021-10-122021-10-120001097362slf:EmployeeStockOption1Member2022-01-012022-12-310001097362slf:EmployeeStockOption1Member2022-12-310001097362slf:EmployeeStockOption1Member2021-01-012021-12-310001097362slf:ExercisePriceRangeOneMemberifrs-full:BottomOfRangeMember2022-12-310001097362ifrs-full:TopOfRangeMemberslf:ExercisePriceRangeOneMember2022-12-310001097362slf:ExercisePriceRangeOneMember2022-12-310001097362slf:ExercisePriceRangeOneMember2022-01-012022-12-310001097362slf:ExercisePriceRangeTwoMemberifrs-full:BottomOfRangeMember2022-12-310001097362ifrs-full:TopOfRangeMemberslf:ExercisePriceRangeTwoMember2022-12-310001097362slf:ExercisePriceRangeTwoMember2022-12-310001097362slf:ExercisePriceRangeTwoMember2022-01-012022-12-310001097362slf:ExercisePriceRangeThreeMemberifrs-full:BottomOfRangeMember2022-12-310001097362slf:ExercisePriceRangeThreeMemberifrs-full:TopOfRangeMember2022-12-310001097362slf:ExercisePriceRangeThreeMember2022-12-310001097362slf:ExercisePriceRangeThreeMember2022-01-012022-12-310001097362slf:ExercisePriceRangeFourMemberifrs-full:BottomOfRangeMember2022-12-310001097362ifrs-full:TopOfRangeMemberslf:ExercisePriceRangeFourMember2022-12-310001097362slf:ExercisePriceRangeFourMember2022-12-310001097362slf:ExercisePriceRangeFourMember2022-01-012022-12-310001097362slf:TotalStockOptionsMember2022-12-310001097362slf:TotalStockOptionsMember2022-01-012022-12-31slf:year0001097362slf:EmployeeShareOwnershipPlanMemberifrs-full:BottomOfRangeMember2022-12-310001097362slf:EmployeeShareOwnershipPlanMemberifrs-full:TopOfRangeMember2022-12-310001097362slf:EmployeeShareOwnershipPlanMember2022-01-012022-12-310001097362slf:EmployeeShareOwnershipPlanMemberifrs-full:TopOfRangeMember2022-01-012022-12-310001097362slf:SunLifeFinancialU.S.EmployeeStockPurchasePlanMemberifrs-full:BottomOfRangeMember2022-01-012022-12-310001097362slf:SunLifeFinancialU.S.EmployeeStockPurchasePlanMemberifrs-full:BottomOfRangeMember2022-12-310001097362slf:SunLifeFinancialU.S.EmployeeStockPurchasePlanMemberifrs-full:TopOfRangeMember2022-12-310001097362slf:SunLifeFinancialU.S.EmployeeStockPurchasePlanMember2022-01-012022-12-310001097362slf:EmployeeShareOwnershipPlanMember2021-01-012021-12-310001097362slf:SunSharePlanMember2022-01-012022-12-31slf:day0001097362slf:SunSharePlanMemberifrs-full:BottomOfRangeMember2022-01-012022-12-310001097362ifrs-full:TopOfRangeMemberslf:SunSharePlanMember2022-01-012022-12-310001097362slf:SunShareUnitsMember2022-12-310001097362slf:DeferredShareUnitsDSUsMember2022-12-310001097362slf:SunShareUnitsMember2021-12-310001097362slf:DeferredShareUnitsDSUsMember2021-12-310001097362slf:SunShareUnitsAndDeferredShareUnitsDSUMember2022-01-012022-12-310001097362slf:SunShareUnitsAndDeferredShareUnitsDSUMember2021-01-012021-12-310001097362slf:MFSInvestmentManagementShareBasedAwardsMember2022-01-012022-12-310001097362slf:MFSInvestmentManagementShareBasedAwardsMember2022-12-310001097362slf:MFSInvestmentManagementShareBasedAwardsMember2021-12-310001097362slf:MFSInvestmentManagementStockOptionsRestrictedSharesandOutstandingSharesMember2022-12-310001097362slf:MFSInvestmentManagementStockOptionsRestrictedSharesandOutstandingSharesMember2021-12-310001097362slf:MFSInvestmentManagementShareBasedAwardsMember2021-01-012021-12-310001097362slf:Investments1Member2021-12-310001097362slf:OtherPolicyLiabilitiesMember2021-12-310001097362slf:DeferredAcquisitionCostsMember2021-12-310001097362ifrs-full:UnusedTaxLossesMember2021-12-310001097362slf:PensionAndOtherEmployeeBenefitsMember2021-12-310001097362ifrs-full:OtherTemporaryDifferencesMember2021-12-310001097362slf:Investments1Member2022-01-012022-12-310001097362slf:OtherPolicyLiabilitiesMember2022-01-012022-12-310001097362slf:DeferredAcquisitionCostsMember2022-01-012022-12-310001097362ifrs-full:UnusedTaxLossesMember2022-01-012022-12-310001097362slf:PensionAndOtherEmployeeBenefitsMember2022-01-012022-12-310001097362ifrs-full:OtherTemporaryDifferencesMember2022-01-012022-12-310001097362slf:Investments1Member2022-12-310001097362slf:OtherPolicyLiabilitiesMember2022-12-310001097362slf:DeferredAcquisitionCostsMember2022-12-310001097362ifrs-full:UnusedTaxLossesMember2022-12-310001097362slf:PensionAndOtherEmployeeBenefitsMember2022-12-310001097362ifrs-full:OtherTemporaryDifferencesMember2022-12-310001097362slf:Investments1Member2020-12-310001097362slf:OtherPolicyLiabilitiesMember2020-12-310001097362slf:DeferredAcquisitionCostsMember2020-12-310001097362ifrs-full:UnusedTaxLossesMember2020-12-310001097362slf:PensionAndOtherEmployeeBenefitsMember2020-12-310001097362ifrs-full:OtherTemporaryDifferencesMember2020-12-310001097362slf:Investments1Member2021-01-012021-12-310001097362slf:OtherPolicyLiabilitiesMember2021-01-012021-12-310001097362slf:DeferredAcquisitionCostsMember2021-01-012021-12-310001097362ifrs-full:UnusedTaxLossesMember2021-01-012021-12-310001097362slf:PensionAndOtherEmployeeBenefitsMember2021-01-012021-12-310001097362ifrs-full:OtherTemporaryDifferencesMember2021-01-012021-12-310001097362country:US2022-01-012022-12-310001097362country:US2021-01-012021-12-310001097362country:CA2022-01-012022-12-310001097362country:CA2021-01-012021-12-310001097362ifrs-full:UnusedTaxLossesMembercountry:US2022-12-310001097362ifrs-full:UnusedTaxLossesMembercountry:US2021-12-310001097362country:GB2022-01-012022-12-310001097362country:GB2021-01-012021-12-310001097362slf:SunLifeExchangEableCapitalSecuritiesMember2022-12-310001097362slf:SunLifeExchangEableCapitalSecuritiesMember2021-12-310001097362ifrs-full:IssuedCapitalMember2022-12-310001097362ifrs-full:IssuedCapitalMember2021-12-310001097362slf:MoneyMarketFunds1Memberifrs-full:BottomOfRangeMember2022-12-310001097362slf:MoneyMarketFunds1Memberifrs-full:TopOfRangeMember2022-12-310001097362slf:FixedIncomeFunds1Memberifrs-full:BottomOfRangeMember2022-12-310001097362slf:FixedIncomeFunds1Memberifrs-full:TopOfRangeMember2022-12-310001097362slf:BalancedFunds1Memberifrs-full:BottomOfRangeMember2022-12-310001097362slf:BalancedFunds1Memberifrs-full:TopOfRangeMember2022-12-310001097362slf:EquityFunds1Memberifrs-full:BottomOfRangeMember2022-12-310001097362ifrs-full:TopOfRangeMemberslf:EquityFunds1Member2022-12-310001097362slf:InvestmentsForSegregatedFundHoldersMember2022-12-310001097362slf:InvestmentsForSegregatedFundHoldersMember2021-12-310001097362slf:InvestmentsForSegregatedFundHoldersLiabilitiesArisingFromInvestingActivitiesMember2022-12-310001097362slf:InvestmentsForSegregatedFundHoldersLiabilitiesArisingFromInvestingActivitiesMember2021-12-310001097362slf:InvestmentsAndInsuranceContractsForAccountOfSegregatedFundHoldersMember2021-12-310001097362slf:InvestmentsAndInsuranceContractsForAccountOfSegregatedFundHoldersMember2020-12-310001097362slf:InvestmentsAndInsuranceContractsForAccountOfSegregatedFundHoldersMember2022-01-012022-12-310001097362slf:InvestmentsAndInsuranceContractsForAccountOfSegregatedFundHoldersMember2021-01-012021-12-310001097362slf:InvestmentsAndInsuranceContractsForAccountOfSegregatedFundHoldersMember2022-12-310001097362srt:ParentCompanyMembersrt:ReportableLegalEntitiesMember2022-01-012022-12-310001097362srt:SubsidiaryIssuerMembersrt:ReportableLegalEntitiesMemberslf:SunLifeAssuranceMember2022-01-012022-12-310001097362srt:SubsidiaryIssuerMembersrt:ReportableLegalEntitiesMemberslf:OtherSubsidiariesMember2022-01-012022-12-310001097362srt:ConsolidationEliminationsMember2022-01-012022-12-310001097362srt:ParentCompanyMembersrt:ReportableLegalEntitiesMember2021-01-012021-12-310001097362srt:SubsidiaryIssuerMembersrt:ReportableLegalEntitiesMemberslf:SunLifeAssuranceMember2021-01-012021-12-310001097362srt:SubsidiaryIssuerMembersrt:ReportableLegalEntitiesMemberslf:OtherSubsidiariesMember2021-01-012021-12-310001097362srt:ConsolidationEliminationsMember2021-01-012021-12-310001097362srt:ParentCompanyMembersrt:ReportableLegalEntitiesMember2022-12-310001097362srt:SubsidiaryIssuerMembersrt:ReportableLegalEntitiesMemberslf:SunLifeAssuranceMember2022-12-310001097362srt:SubsidiaryIssuerMembersrt:ReportableLegalEntitiesMemberslf:OtherSubsidiariesMember2022-12-310001097362srt:ConsolidationEliminationsMember2022-12-310001097362srt:ParentCompanyMembersrt:ReportableLegalEntitiesMember2021-12-310001097362srt:SubsidiaryIssuerMembersrt:ReportableLegalEntitiesMemberslf:SunLifeAssuranceMember2021-12-310001097362srt:SubsidiaryIssuerMembersrt:ReportableLegalEntitiesMemberslf:OtherSubsidiariesMember2021-12-310001097362srt:ConsolidationEliminationsMember2021-12-310001097362slf:FehrEtAlVSunLifeAndAlamwalaVSunLifeMember2022-12-31slf:lawsuit0001097362slf:ExecutiveTeamMember2022-01-012022-12-31slf:individual0001097362slf:Director1Member2022-01-012022-12-310001097362slf:ExecutiveTeamMember2021-01-012021-12-310001097362slf:Director1Member2021-01-012021-12-31slf:planslf:Year0001097362ifrs-full:PresentValueOfDefinedBenefitObligationMemberslf:PensionPlansDefinedBenefit1Member2021-12-310001097362ifrs-full:PresentValueOfDefinedBenefitObligationMemberslf:OtherPostretirementBenefitsPlan1Member2021-12-310001097362ifrs-full:PresentValueOfDefinedBenefitObligationMember2021-12-310001097362ifrs-full:PresentValueOfDefinedBenefitObligationMemberslf:PensionPlansDefinedBenefit1Member2020-12-310001097362ifrs-full:PresentValueOfDefinedBenefitObligationMemberslf:OtherPostretirementBenefitsPlan1Member2020-12-310001097362ifrs-full:PresentValueOfDefinedBenefitObligationMember2020-12-310001097362ifrs-full:PresentValueOfDefinedBenefitObligationMemberslf:PensionPlansDefinedBenefit1Member2022-01-012022-12-310001097362ifrs-full:PresentValueOfDefinedBenefitObligationMemberslf:OtherPostretirementBenefitsPlan1Member2022-01-012022-12-310001097362ifrs-full:PresentValueOfDefinedBenefitObligationMember2022-01-012022-12-310001097362ifrs-full:PresentValueOfDefinedBenefitObligationMemberslf:PensionPlansDefinedBenefit1Member2021-01-012021-12-310001097362ifrs-full:PresentValueOfDefinedBenefitObligationMemberslf:OtherPostretirementBenefitsPlan1Member2021-01-012021-12-310001097362ifrs-full:PresentValueOfDefinedBenefitObligationMember2021-01-012021-12-310001097362ifrs-full:PresentValueOfDefinedBenefitObligationMemberslf:PensionPlansDefinedBenefit1Member2022-12-310001097362ifrs-full:PresentValueOfDefinedBenefitObligationMemberslf:OtherPostretirementBenefitsPlan1Member2022-12-310001097362ifrs-full:PresentValueOfDefinedBenefitObligationMember2022-12-310001097362ifrs-full:PlanAssetsMemberslf:PensionPlansDefinedBenefit1Member2021-12-310001097362ifrs-full:PlanAssetsMemberslf:OtherPostretirementBenefitsPlan1Member2021-12-310001097362ifrs-full:PlanAssetsMember2021-12-310001097362ifrs-full:PlanAssetsMemberslf:PensionPlansDefinedBenefit1Member2020-12-310001097362ifrs-full:PlanAssetsMemberslf:OtherPostretirementBenefitsPlan1Member2020-12-310001097362ifrs-full:PlanAssetsMember2020-12-310001097362ifrs-full:PlanAssetsMemberslf:PensionPlansDefinedBenefit1Member2022-01-012022-12-310001097362ifrs-full:PlanAssetsMemberslf:OtherPostretirementBenefitsPlan1Member2022-01-012022-12-310001097362ifrs-full:PlanAssetsMember2022-01-012022-12-310001097362ifrs-full:PlanAssetsMemberslf:PensionPlansDefinedBenefit1Member2021-01-012021-12-310001097362ifrs-full:PlanAssetsMemberslf:OtherPostretirementBenefitsPlan1Member2021-01-012021-12-310001097362ifrs-full:PlanAssetsMember2021-01-012021-12-310001097362ifrs-full:PlanAssetsMemberslf:PensionPlansDefinedBenefit1Member2022-12-310001097362ifrs-full:PlanAssetsMemberslf:OtherPostretirementBenefitsPlan1Member2022-12-310001097362ifrs-full:PlanAssetsMember2022-12-310001097362slf:PensionPlansDefinedBenefit1Member2022-12-310001097362slf:OtherPostretirementBenefitsPlan1Member2022-12-310001097362slf:PensionPlansDefinedBenefit1Member2021-12-310001097362slf:OtherPostretirementBenefitsPlan1Member2021-12-310001097362slf:PensionPlansDefinedBenefit1Member2022-01-012022-12-310001097362slf:OtherPostretirementBenefitsPlan1Member2022-01-012022-12-310001097362slf:PensionPlansDefinedBenefit1Member2021-01-012021-12-310001097362slf:OtherPostretirementBenefitsPlan1Member2021-01-012021-12-310001097362country:CA2022-12-310001097362country:GB2022-12-310001097362country:US2022-12-310001097362country:CA2021-12-310001097362country:GB2021-12-310001097362country:US2021-12-310001097362slf:MaleCurrentlyAtAge65Membercountry:CA2022-01-012022-12-310001097362country:GBslf:MaleCurrentlyAtAge65Member2022-01-012022-12-310001097362slf:MaleCurrentlyAtAge65Membercountry:US2022-01-012022-12-310001097362slf:MaleCurrentlyAtAge65Membercountry:CA2021-01-012021-12-310001097362country:GBslf:MaleCurrentlyAtAge65Member2021-01-012021-12-310001097362slf:MaleCurrentlyAtAge65Membercountry:US2021-01-012021-12-310001097362slf:FemaleCurrentlyAtAge65Membercountry:CA2022-01-012022-12-310001097362slf:FemaleCurrentlyAtAge65Membercountry:GB2022-01-012022-12-310001097362slf:FemaleCurrentlyAtAge65Membercountry:US2022-01-012022-12-310001097362slf:FemaleCurrentlyAtAge65Membercountry:CA2021-01-012021-12-310001097362slf:FemaleCurrentlyAtAge65Membercountry:GB2021-01-012021-12-310001097362slf:FemaleCurrentlyAtAge65Membercountry:US2021-01-012021-12-310001097362slf:MaleAt65ForIndividualsCurrentlyAtAge45Membercountry:CA2022-01-012022-12-310001097362country:GBslf:MaleAt65ForIndividualsCurrentlyAtAge45Member2022-01-012022-12-310001097362country:USslf:MaleAt65ForIndividualsCurrentlyAtAge45Member2022-01-012022-12-310001097362slf:MaleAt65ForIndividualsCurrentlyAtAge45Membercountry:CA2021-01-012021-12-310001097362country:GBslf:MaleAt65ForIndividualsCurrentlyAtAge45Member2021-01-012021-12-310001097362country:USslf:MaleAt65ForIndividualsCurrentlyAtAge45Member2021-01-012021-12-310001097362slf:FemaleAt65ForIndividualsCurrentlyAtAge45Membercountry:CA2022-01-012022-12-310001097362slf:FemaleAt65ForIndividualsCurrentlyAtAge45Membercountry:GB2022-01-012022-12-310001097362slf:FemaleAt65ForIndividualsCurrentlyAtAge45Membercountry:US2022-01-012022-12-310001097362slf:FemaleAt65ForIndividualsCurrentlyAtAge45Membercountry:CA2021-01-012021-12-310001097362slf:FemaleAt65ForIndividualsCurrentlyAtAge45Membercountry:GB2021-01-012021-12-310001097362slf:FemaleAt65ForIndividualsCurrentlyAtAge45Membercountry:US2021-01-012021-12-310001097362ifrs-full:ActuarialAssumptionOfDiscountRatesMember2022-12-310001097362ifrs-full:ActuarialAssumptionOfDiscountRatesMemberslf:PensionPlansDefinedBenefit1Member2022-12-310001097362ifrs-full:ActuarialAssumptionOfDiscountRatesMemberslf:OtherPostretirementBenefitsPlan1Member2022-12-310001097362ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember2022-12-310001097362ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMemberslf:PensionPlansDefinedBenefit1Member2022-12-310001097362ifrs-full:ActuarialAssumptionOfMedicalCostTrendRatesMember2022-12-310001097362ifrs-full:ActuarialAssumptionOfMedicalCostTrendRatesMemberslf:OtherPostretirementBenefitsPlan1Member2022-12-310001097362slf:ActuarialAssumptionOfExpectedLifeMember2022-12-310001097362slf:PensionPlansDefinedBenefit1Memberslf:ActuarialAssumptionOfExpectedLifeMember2022-12-310001097362slf:OtherPostretirementBenefitsPlan1Memberslf:ActuarialAssumptionOfExpectedLifeMember2022-12-310001097362slf:FixedIncomeInvestmentMemberifrs-full:Level1OfFairValueHierarchyMember2022-12-310001097362slf:FixedIncomeInvestmentMemberifrs-full:Level1OfFairValueHierarchyMember2021-12-310001097362country:CAifrs-full:BottomOfRangeMember2021-12-310001097362ifrs-full:TopOfRangeMembercountry:CA2021-12-310001097362country:CAifrs-full:BottomOfRangeMember2022-12-310001097362ifrs-full:TopOfRangeMembercountry:CA2022-12-310001097362slf:EmployeeStockOption1Member2022-01-012022-12-310001097362slf:EmployeeStockOption1Member2021-01-012021-12-310001097362ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2021-12-310001097362ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2022-01-012022-12-310001097362ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2022-12-310001097362ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2020-12-310001097362ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember2021-01-012021-12-310001097362ifrs-full:ReserveOfGainsAndLossesOnRemeasuringAvailableforsaleFinancialAssetsMember2021-12-310001097362ifrs-full:ReserveOfGainsAndLossesOnRemeasuringAvailableforsaleFinancialAssetsMember2022-01-012022-12-310001097362ifrs-full:ReserveOfGainsAndLossesOnRemeasuringAvailableforsaleFinancialAssetsMember2022-12-310001097362ifrs-full:ReserveOfGainsAndLossesOnRemeasuringAvailableforsaleFinancialAssetsMember2020-12-310001097362ifrs-full:ReserveOfGainsAndLossesOnRemeasuringAvailableforsaleFinancialAssetsMember2021-01-012021-12-310001097362ifrs-full:ReserveOfCashFlowHedgesMember2021-12-310001097362ifrs-full:ReserveOfCashFlowHedgesMember2022-01-012022-12-310001097362ifrs-full:ReserveOfCashFlowHedgesMember2022-12-310001097362ifrs-full:ReserveOfCashFlowHedgesMember2020-12-310001097362ifrs-full:ReserveOfCashFlowHedgesMember2021-01-012021-12-310001097362ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember2021-12-310001097362ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember2022-01-012022-12-310001097362ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember2022-12-310001097362ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember2020-12-310001097362ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember2021-01-012021-12-310001097362ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlansMember2021-12-310001097362ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlansMember2022-01-012022-12-310001097362ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlansMember2022-12-310001097362ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlansMember2020-12-310001097362ifrs-full:ReserveOfRemeasurementsOfDefinedBenefitPlansMember2021-01-012021-12-310001097362ifrs-full:RevaluationSurplusMember2021-12-310001097362ifrs-full:RevaluationSurplusMember2022-01-012022-12-310001097362ifrs-full:RevaluationSurplusMember2022-12-310001097362ifrs-full:RevaluationSurplusMember2020-12-310001097362ifrs-full:RevaluationSurplusMember2021-01-012021-12-310001097362ifrs-full:EquityAttributableToOwnersOfParentMember2022-01-012022-12-310001097362ifrs-full:EquityAttributableToOwnersOfParentMember2020-12-310001097362ifrs-full:EquityAttributableToOwnersOfParentMember2021-01-012021-12-310001097362slf:BancassurancePartnershipMemberslf:PartnershipAgreementMember2023-01-202023-01-20

United States

Securities and Exchange Commission

Washington, D.C. 20549

Form 40-F


☐			REGISTRATION STATEMENT PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934


☒			ANNUAL REPORT PURSUANT TO SECTION 13(a) OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2022

Commission File Number 001-15014

Sun Life Financial Inc.

(Exact name of Registrant as specified in its charter)

Canada

(Province or other jurisdiction of incorporation or organization)

52411

(Primary Standard Industrial Classification Code Number (if applicable))

Not Applicable

(I.R.S. Employer Identification Number (if applicable))

1 York Street, 31st Floor, Toronto, Ontario, Canada M5J 0B6 (416) 979-9966

(Address and telephone number of Registrant’s principal executive offices)

Sun Life Assurance Company of Canada – U.S. Operations Holdings, Inc.

One Sun Life Executive Park

Wellesley Hills, Massachusetts 02481

(781) 237-6030

(Name, address (including zip code) and telephone number (including area code) of agent for service in the United States)

Securities registered or to be registered pursuant to Section 12(b) of the Act:



Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Shares	SLF	New York Stock Exchange

Securities registered or to be registered pursuant to Section 12(g) of the Act.

Not Applicable

(Title of Class)

Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act.

Not Applicable

(Title of Class)

For annual reports, indicate by check mark the information filed with this Form:



☒ Annual information form						☒ Audited annual financial statements

Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report.


Common Shares	586,396,908
Class A Preferred Shares Series 3	10,000,000
Class A Preferred Shares Series 4	12,000,000
Class A Preferred Shares Series 5	10,000,000
Class A Preferred Shares Series 8R	6,217,331
Class A Preferred Shares Series 9QR	4,982,669
Class A Preferred Shares Series 10R	6,838,672
Class A Preferred Shares Series 11QR	1,161,328
Class A Preferred Shares Series 14	1,000,000	1

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days.

Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

Yes ☒ No ☐

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act.

Emerging growth company

☐

If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards† provided pursuant to Section 13(a) of the Exchange Act. ☐

† The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5, 2012.

1 In connection with the issuance of $1 billion principal amount of 3.60% Limited Recourse Capital Notes (LRCN) Series 2021-1 (Subordinated Indebtedness) on June 30, 2021, the Registrant issued 1 million class A Non-Cumulative Rate Reset Preferred Shares Series 14 (Series 14) at a price of $1,000 per Series 14 share. The Series 14 shares were issued to a consolidated trust to be held as trust assets in connection with the LRCN structure.

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☒

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. ☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐

INCORPORATION BY REFERENCE

The following information is incorporated by reference in this annual report on Form 40-F:

Disclosure Controls and Procedures

The information under the heading “Accounting and Control Matters – Disclosure Controls and Procedures” in the Company’s Management’s Discussion and Analysis for the year ended December 31, 2022 (the “2022 Annual MD&A”) is incorporated by reference herein.

A copy of the Company’s 2022 Annual MD&A is attached hereto as Exhibit 99.1.

Management’s Annual Report on Internal Control Over Financial Reporting

The information under the heading “Accounting and Control Matters – Management’s Report on Internal Control over Financial Reporting” in the Company’s 2022 Annual MD&A and the information in the management report titled “Financial Reporting Responsibilities”, attached to the Company’s annual consolidated financial statements for the year ended December 31, 2022 (the “2022 Annual Financial Statements”) is incorporated by reference herein.

A copy of the Company’s 2022 Annual MD&A is attached hereto as Exhibit 99.1. A copy of the Company’s 2022 Annual Financial Statements are attached hereto as Exhibit 99.2.

Attestation Report of the Registered Public Accounting Firm

The “Report of Independent Registered Public Accounting Firm” with respect to the audit of the internal control over financial reporting of the Company, which accompanies the Company’s 2022 Annual Financial Statements is incorporated by reference herein.

The Company’s 2022 Annual Financial Statements are attached hereto as Exhibit 99.2.

Changes in Internal Control Over Financial Reporting

The information under the heading “Accounting and Control Matters – Disclosure Controls and Procedures – Changes in Internal Control over Financial Reporting” in the Company’s 2022 Annual MD&A is incorporated by reference herein.

A copy of the Company’s 2022 Annual MD&A is attached hereto as Exhibit 99.1.

Identification of Audit Committee

The information under the heading “Directors and Executive Officers – Audit Committee” in the Company’s annual information form dated February 8, 2023 (the “2022 AIF”) is incorporated by reference herein.

A copy of the Company’s 2022 AIF is attached hereto as Exhibit 99.3.

Audit Committee Financial Expert

The information under the heading “Directors and Executive Officers – Audit Committee” in the Company’s 2022 AIF is incorporated by reference herein.

A copy of the Company’s 2022 AIF is attached hereto as Exhibit 99.3.

Code of Ethics

The information under the heading “Code of Conduct” in the Company’s 2022 AIF is incorporated by reference herein.

A copy of the Company’s 2022 AIF is attached hereto as Exhibit 99.3.

A copy of the current Sun Life Financial Code of Conduct is available on our website at www.sunlife.com.

Principal Accountant Fees and Services

The information about aggregate fees billed to us by our principal accountant, Deloitte LLP, under the headings “Principal Accountant Fees and Services” in the Company’s 2022 AIF is incorporated by reference herein.

A copy of the Company’s 2022 AIF is attached hereto as Exhibit 99.3.

Comparison with New York Stock Exchange Governance Rules

The Company’s governance processes and practices are consistent with the New York Stock Exchange corporate governance rules for U.S. publicly-listed companies.

UNDERTAKING

Registrant undertakes to make available, in person or by telephone, representatives to respond to inquiries made by the Commission staff, and to furnish promptly, when requested to do so by the Commission staff, information relating to: the securities registered pursuant to Form 40-F; the securities in relation to which the obligation to file an annual report on Form 40-F arises; or transactions in said securities.

CONSENT TO SERVICE OF PROCESS

The Company has previously filed a Form F-X in connection with the class of securities in relation to which the obligation to file this annual report on Form 40-F arises. Any change to the name or address of the Company’s agent for service of process shall be communicated promptly to the Securities and Exchange Commission by an amendment to the Form F-X referencing the file number of the relevant registration statement of the Company.

SIGNATURES

Pursuant to the requirements of the Exchange Act, the Registrant certifies that it meets all of the requirements for filing on Form 40-F and has duly caused this annual report to be signed on its behalf by the undersigned, thereto duly authorized.



Sun Life Financial Inc.

By:						/s/ Melissa J. Kennedy
						Melissa J. Kennedy
						Executive Vice-President, Chief Legal
						Officer and Public Affairs


Dated: February 8, 2023



EXHIBITS:

99.1						Annual Management’s Discussion and Analysis for the year ended December 31, 2022

99.2						Consolidated Annual Financial Statements for the year ended December 31, 2022

99.3						Annual Information Form dated February 8, 2023 for the year ended December 31, 2022

99.4						Certifications required by Rule 13a-14(a) or Rule 15d-14(a), pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

99.5						Certifications required by Rule 13a-14(b) or Rule 15d-14(b) and Section 1350 of Chapter 63 of Title 18 of United States Code, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

99.6						Consent of Independent Registered Public Accounting Firm (PCAOB ID No. 01208)

99.7						Consent of Appointed Actuary

101						Interactive Data File

104						Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

SUNFF Sun Life Financial Inc (PK)