Pension Workshops and Planning Tools

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Choose a workshop based on your life stage:  early_car.jpg Early career     mid_car.jpg  Mid-career     late_car.jpg Late career

Have some time to learn about your pension plan and financial considerations? On-demand recordings specific to the Western plans are available anytime.  Sun Life offers a live webinar series year round on a variety of topics. See On Demand Videos below or choose Free Online Webinars under Other Learning Opportunities below.

Sun Life’s 360 Plan advice service connects you with a salaried, licenced consultant who can support you with your Western plan and a fulsome financial plan. Book a virtual appointment any time.

Join Us February 12 to March 1

Be a part of our Annual Members Meeting, join in a great workshop and get 1:1 pension help! 

In February and March this year we have lots to offer our members and hope you can join us!

Put Your Plan to Work (workshop) - Feb 13, 2024 - Noon - Zoom early_car.jpg mid_car.jpg late_car.jpg

Your Western Pension Plan is a great way to reach your financial goals. Join Sun Life’s Senior Education Consultant, Andrea Ruttan, to learn more about how to navigate the investments offered under the plan and stay on track with your saving goals by using the tools and resources from Sun Life.

Register now for Put your Plan to Work

Ready to learn more? See Free Online Webinars below for Sun Life’s full line up of Financial Wellness Webinar Series topics.

Annual Member Meeting - March 1, 2024  - Noon -  Virtual early_car.jpg mid_car.jpg late_car.jpg

Presented annually on behalf of the Joint Pension Board, you may notice that this year’s timing is a couple of months earlier than in the past. We have a lot of important information to share about performance and about new investment choices and hope you’ll join us via Zoom to learn more.

Tahir Aziz, Western’s Associate Director, Pension Investments will update plan members on performance and activities in 2023 and investment changes underway in 2024. The session will feature a special presentation by Mirova, the investment manager of the new Sustainable Global Equity Fund.

If you have questions you would like to see addressed at the meeting, please send them in advance to cara.bourdeau@uwo.ca.

Register now for the Annual Member Meeting

Personal Consultations with Sun Life - on-campus in February or by phone anytime  early_car.jpg mid_car.jpg late_car.jpg

A personal consultation can be the best way to have your questions answered. All consultants are salaried employees of Sun Life which helps ensure your goals are the only goals.

  • Consultants with 360 Plan Advice are available to help you with your financial plan.  Connect with a consultant by calling 1-866-634-4840 any business day from 8 a.m. to 8 p.m. ET. or book a virtual appointment on the Sun Life Group Plan Advice registration page..
  • Sun Life Retirement Consultants provide dedicated support to members who are within five years of retiring. Your consultant can help you plan your needs up to and into your retirement. Arrange a consultation any time by calling 1‑866‑224‑3906 or go to the Sun Life Group Retirement page.
  • Sun Life Education Consultants are focused on the Western pension plans. They will be on‑campus February 12 to 14 and 21 to 22 for in‑person meetings by appointment. Register now on the Western Pension Plan Sun Life webpage.

On-demand Videos

Understanding the Value of your Western Pension Plan  early_car.jpg mid_car.jpg late_car.jpg

Helpful for all (10 min)

This video discusses saving for your future and the tools and services available to support that goal. Topics include sources of retirement income (government, employer pension, personal savings), examines key features of your Western pension plan, and points you to tools, resources and Customer Care options to help you get answers to your questions.

To view: Go to Western's home page on Sun Life. No login needed to access links to useful resources, including two featured videos (scroll down to see tulips photo). Select Your Western Pension Plan.

Choosing Your Investments in the Western Pension Plan  early_car.jpg mid_car.jpg

Designed for those in early or mid-career (11 min)

The video offers a good overview of how to save for your future and the tools and services available to support that goal. It will cover sources of retirement income and give you a closer look at Western’s Pension Plan and how to get the most from it. It will also show you the impact of starting early!

To view: Go to Western's home page on Sun Life. No login needed to access links to useful resources, including two featured videos (scroll down to see tulips photo). Select Choosing Your Investments.

Rebalancing your Pension Plan Investment Mix  early_car.jpg mid_car.jpg late_car.jpg

Helpful for all

Rebalancing the asset mix in your account is a recommended way to help manage risk. This session, recorded by the Western Pension Board's investment consultants at Mercer Canada, will help you understand what it means to rebalance and how you can do it in your Sun Life account.

View video on Rebalancing Your Western Pension Plan - updated October 2023
View French language version on Rebalancing

Investing: The Essentials  early_car.jpg mid_car.jpg late_car.jpg

Helpful for all (11 min)

This recorded session reviews investment fundamentals around market volatility. It can help you understand your comfort with risk, help you focus on your end game, and diversify to help protect your investments. It can also show you resources and services available when you need information and advice.

To view: Go to Western's home page on Sun Life. No login needed to access links to useful resources, including two featured videos (scroll down to see tulips photo). Select Investing: The Essentials

Becoming Retirement Ready: Part 1- Assessing your Retirement Readiness mid_car.jpg late_car.jpg

Designed for those in mid or late career (17 min)

Part 1 of this series has a focus on the six to fifteen years prior to retirement, planning for your desired retirement lifestyle, reviewing expenses and creating a budget. You'll examine government sources of income, types of pension and savings plans, and vehicles for converting savings to income such as LIF/RIFs, annuities, etc.

To view: Go to the Western RIF/LIF login page on the Sun Life site. No login needed to access links to useful resources on this page, including all three parts of Becoming Retirement Ready

Becoming Retirement Ready: Part 2 - Planning for Retirement Risks mid_car.jpg late_car.jpg

Designed for those in mid or late career (13 min)

Part 2 focuses on the 10 years prior to retirement, covering risks (longevity, inflation, market downturns, unexpected events), the income options to mitigate those risks, and the features of each. Government benefits will also be explained as well as steps to take to plan for lifetime expenses and income.

With a focus on the Sun Life Retirement & Savings Plan for Western Retirees, this video uses a case study to convey possible income sources, available accounts (such as RIF/LIF, RRSP, etc), provides information about fees, sources of government income, and reviews the supports available to help you with your plan.

To view: Go to the Western RIF/LIF login page on the Sun Life site. No login needed to access links to useful resources on this page, including all three parts of Becoming Retirement Ready

Becoming Retirement Ready: Part 3 - Living your Retirement Plan  late_car.jpg

Designed for those in late career (12 min)

With a focus on the Sun Life Retirement & Savings Plan for Western Retirees, this video uses a case study to convey possible income sources, available accounts (such as RIF/LIF, RRSP, etc), provides information about fees, sources of government income, and reviews the supports available to help you with your plan.

To view: Go to the Western RIF/LIF login page on the Sun Life site. No login needed to access links to useful resources on this page, including all three parts of Becoming Retirement Ready.

Other Learning Opportunities

Responsible Investing and the Western Pension Plans early_car.jpg mid_car.jpg late_car.jpg

The Western pension plans have considered Environmental, Social, and Governance (ESG) factors in the investment portfolio since 2007 and have offered a Socially Responsible Global Equity fund option since 2008. The Academic and Administrative Pension Boards are reviewing the approach to ESG considerations and engaged with plan members in May and June 2022.

Here are the latest updates:

Free Online Webinars

Throughout the year Sun Life Financial hosts live online webinars on a variety of interesting and informative topics to help you manage your money, invest with confidence and plan your retirement. Registration opens eight to ten weeks before each scheduled webinar.

Visit the Sun Life webinar webpage to browse the full list of topics and dates for upcoming live webinars, and to register.

If you are new to mysunlife.ca look on the mysunlife.ca/western login page for a link to a helpful, short video that will help you get to know mysunlife.ca. 

Navigating Support from Sun Life - complete: view slides   early_car.jpg mid_car.jpg late_car.jpg

Learn how to get support in making decisions, managing your account, and planning for your financial future.
View presentation slides

Financial Literacy Month - November   early_car.jpg mid_car.jpg late_car.jpg

Each November we bring you 1:1 pension help, and education opportunities to support you!  With a focus on our financial health, you’ll get support with decisions on your Western pension plan or more broadly, your personal financial roadmap. Workshops in November 2023 included:

  • Exploring behavioural finance
  • Financial considerations for women
  • Reviewing your financial roadmap
  • 5 steps to boost your financial health

See you in November 2024!

Planning Tools

  • sunlife.ca/western - as our primary provider of member services for the Western Pension Plan, Sun Life Financial offers an extensive suite of tools and resources to help you make the most of your Western Pension Plan including calculators, webinars, articles and financial planning tips for all stages of your life.
  • Investment Advice - You have access to one-on-one personalized planning support through the Sun Life’s 360 Plan Advice service. A salaried, licenced consultant can help you with a comprehensive financial plan to ensure you are maximizing your contributions and investing appropriately for your goals and risk tolerance. Call the team directly at 1-866-634-4840 to book a phone or video appointment.
  • Canada.ca – The official site for the federal government with access to information and services on pensions and benefits you may be eligible for upon retirement. Information on pensions and retirement is located in the Money and Finances section and includes a step-by-step Retirement Income Calculator to help you estimate your retirement income including OAS, CPP, employer pensions and other sources of income.
  • Financial Consumer Agency of Canada (FCAC) – The FCAC is an independent body working to protect and inform consumers of financial products and services. Topics on planning your retirement can be found under Life Events for Consumers and include how much will you need to retire, understanding Canada's retirement income system, when you should start saving for retirement and sources of retirement income.

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