##### 



U.S. Securities and
Exchange Commission Washington, D.C. 20549
 Form 40-F þ REGISTRATION STATEMENT PURSUANT TO SECTION 12 OF THE
SECURITIES EXCHANGE ACT OF 1934 OR o ANNUAL REPORT PURSUANT TO SECTION 13(a) OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2004
    
    Commission File Number 001-15014
 Sun Life Financial Inc.  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)) 150 King Street West, 6th Floor, Toronto, Ontario, Canada M5H 1J9 (416) 979-4800
(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
    
    Name of each exchange on which registeredCommon Shares
    
    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: þ Annual information form                         o 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. 592,043,026 common shares were outstanding on December 31, 2004 Indicate by check mark whether the Registrant by filing the information contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934 (the Exchange Act). If Yes is marked, indicate the filing number
assigned to the Registrant in connection with such Rule. Yes o                     No þ 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 þ                     No o



---



##### 



INCORPORATION BY REFERENCE

Disclosure Controls and Procedures

Management of the Company, including its Chief Executive Officer and the Chief Financial Officer,
have evaluated the effectiveness of the Companys disclosure controls and procedures (as defined in
Rule 13a-15e of the United States Securities Exchange Act of 1934) as of December 31, 2004 and have
concluded that these disclosure controls and procedures were operating effectively as of December
31, 2004.

In addition there have been no material changes in internal control over financial reporting (as
defined in Rule 13a-15f of the United States Securities Exchange Act of 1934) during the financial
year ended December 31, 2004.

Identification of Audit Committee

The disclosure provided under
the heading DIRECTORS AND EXECUTIVE OFFICERS in theRenewal Annual
Information Form for the year ended December 31, 2004, attached hereto as Exhibit 3, is
incorporated by reference herein.

Audit Committee Financial Expert

The disclosure provided under
the heading DIRECTORS AND EXECUTIVE OFFICERS  Audit Committee
Financial Expertin the Renewal Annual Information Form for the year ended December 31, 2004, attached
hereto as Exhibit 3, is incorporated by reference herein.

Code of Ethics

The disclosure provided under
the heading CODE OF ETHICSin the Renewal Annual Information Form for the
year ended December 31, 2004, attached hereto as Exhibit 3, is incorporated by reference herein.

Principal Accountant Fees and Services

The disclosure provided under
the heading PRINCIPAL ACCOUNTANT FEES AND SERVICESin the Renewal Annual
Information Form for the year ended December 31, 2004, attached hereto as Exhibit 3, is
incorporated by reference herein.

Off-Balance Sheet Arrangements

The disclosure provided under
the heading FINANCIAL POSITION AND LIQUIDITY  Off-balance Sheet
Arrangementsin the Managements Discussion and Analysis for the year ended December 31, 2004,
attached as Exhibit 2 hereto, is incorporated by reference herein.

Tabular Disclosure of Contractual Obligations

The disclosure provided under
the heading FINANCIAL POSITION AND LIQUIDITY  Contractual

Obligationsin the Managements Discussion and Analysis for the year ended December 31, 2004,
attached hereto as Exhibit 2, is incorporated by reference herein.





---



##### 



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. 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. Registrant
    
    Sun Life Financial Inc.By (Signature and Title)/S/ Thomas A. BogartThomas A. BogartExecutive Vice-President and Chief Legal OfficerDate
    
    February 14, 2005
 EXHIBITS:  1.
    Consolidated Financial Statement for the Year Ended December 31, 20042.
    Managements Discussion and Analysis for the year ended December 31, 20043.
    Renewal Annual Information Form for the year ended December 31, 20044.
    Auditors Consent5.
    Comments by Auditors on Canada  United States of America Reporting Difference6.
    Consent of Appointed Actuary7.
    Notices Regarding Pension Plan Blackout8.
    Certification 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 Actof 2002 
    Chief Executive Officer
    Executive Vice-President and Chief Financial Officer  9.
    Certification required by Rule 13a-14(a) or Rule 15d-14(a), pursuant to Section 302 of the
Sarbanes-Oxley Act of 2002 
    Chief Executive Officer
    Executive Vice-President and Chief Financial Officer