May 5 (Reuters) - Sun Life Financial Inc SLF.TO :
* SUN LIFE HAS SEEN LESS THAN 2% OF ASSETS UNDER MANAGEMENT MOVED FROM EQUITIES TO LESS RISKY FUNDS IN CANADIAN RETIREMENT BUSINESS, RETAIL WEALTH BUSINESS-CEO
* COVID-19 PANDEMIC WILL MAKE THIS A CHALLENGING YEAR FOR LIFE INSURERS; EXPECT NEGATIVE IMPACT ON SALES, GROUP PREMIUM LEVELS, REVENUE FOR WEALTH, ASSET MANAGEMENT, MORE CREDIT HEADWINDS-SUN LIFE CEO