EXHIBIT 16           

Federal ID#				% of voting shares	Insurer/ Non-Insurer
	Sun Life Financial Inc.			100.00%	Non-Insurer
38-1082080 80802 (CN)		Sun Life Assurance Company of Canada (including the United States Branch)		100.00%	Insurer
			UNITED STATES
04-3401283			Sun Life Assurance Company of Canada - U.S. Operations Holdings, Inc.	100.00%	Non-Insurer
04-3526207			Sun Life Financial (Japan), Inc.	100.00%	Non-Insurer
			MFS Japan Holdings LLC	50.00%	Non-Insurer
04-3579262			Sun Life Financial (U.S.) Holdings, Inc.	100.00%	Non-Insurer
04-3119940			IFMG Securities, Inc.	100.00%	Non-Insurer
06-1463728			LSC Insurance Agency of Nevada, Inc.	100.00%	Non-Insurer
04-3178139			LSC Insurance Agency of New Mexico, Inc.	100.00%	Non-Insurer
04-3210448			LSC Insurance Agency of Arizona, Inc.	100.00%	Non-Insurer
13-3585648			Independent Financial Marketing Group, Inc.	100.00%	Non-Insurer
13-3202391			IFS Agencies, Inc.	100.00%	Non-Insurer
34-1756557			IFS Insurance Agencies of Ohio, Inc.	100.00%	Non-Insurer
13-3855595			IFS Agencies of Alabama, Inc.	100.00%	Non-Insurer
13-3733657			IFS Agencies of New Mexico, Inc.	100.00%	Non-Insurer
75-2437731			IFS Insurance Agencies of Texas, Inc. ***	100.00%	Non-Insurer
73-1418611			IFMG of Oklahoma, Inc. ***	100.00%	Non-Insurer
04-2470476			MFS/Sun Life Financial Distributors, Inc.	50.00%	Non-Insurer
			Sun Life Financial (U.S.) Investments LLC	100.00%	Non-Insurer
04-3401285			Sun Life of Canada (U.S.) Financial Services Holdings, Inc.	99.6%	Non-Insurer
04-2747644			Massachusetts Financial Services Company	97.7%	Non-Insurer
04-2470476			MFS/Sun Life Financial Distributors, Inc.	50.00%	Non-Insurer
			MFS Institutional Advisors, Inc.	100.00%	Non-Insurer
			MFS Institutional Advisors (Australia) Ltd.	100.00%	Non-Insurer
			MFS Fund Distributors, Inc.	100.00%	Non-Insurer
			MFS International Ltd.	100.00%	Non-Insurer
			MFS International (U.K.) Ltd.	100.00%	Non-Insurer
			MFS International S.C. Ltda.	100.00%	Non-Insurer
			Vertex Investment Management, Inc.	100.00%	Non-Insurer
			MFS Retirement Services, Inc.	100.00%	Non-Insurer
			MFS Service Center, Inc.	100.00%	Non-Insurer
			MFS Heritage Trust Company	100.00%	Non-Insurer
			MFS Investment Management (LUX) S.A.	100.00%	Non-Insurer
			MFS Original Research Advisers, LLC	100.00%	Non-Insurer
			MFS Original Research Partners, LLC	100.00%	Non-Insurer
			MFS Japan Holdings LLC	50.00%	Non-Insurer
			MFS Investment Management K.K.	100.00%	Non-Insurer
04-3365782			Sun Life of Canada (U.S.) Holdings, Inc.	100.00%	Non-Insurer
04-3292937			Sun Canada Financial Co.	100.00%	Non-Insurer
04-6834556			Sun Life of Canada (U.S.) Capital Trust I	**	Non-Insurer
04-3365791			Sun Life of Canada (U.S.) Limited Partnership I	*	Non-Insurer
04-2461439 79065 DE			Sun Life Assurance Company of Canada (U.S.)	100.00%	Insurer
04-3365780			Sun Life of Canada (U.S.) Holdings General Partner, Inc.	100.00%	Non-Insurer
04-2845273 72664 NY			Sun Life Insurance and Annuity Company of New York	100.00%	Insurer
04-2632710			Sun Benefit Services Company, Inc.	100.00%	Non-Insurer
04-3394396			Sun Life of Canada (U.S.) SPE 97-I, Inc	100.00%	Non-Insurer
04-2476246			Clarendon Insurance Agency, Inc.	100.00%	Non-Insurer
04-3132283			Sun Capital Advisers, Inc.	100.00%	Non-Insurer
02-0430860			Vision Financial Corporation	100.00%	Non-Insurer
04-3574531			Sun Life Financial (U.S.) Finance, Inc.	100.00%	Non-Insurer
61-0403075 64602 RI			Independence Life and Annuity Company	100.00%	Insurer
			SLF Private Placement Investment Company I, LLC	100.00%	Non-Insurer
72-1543013			Presidio Apartments LLC	100.00%	Non-Insurer
			Plaza West LLC	100.00%	Non-Insurer
			Crosspointe Shops II LLC	100.00%	Non-Insurer
			Crosspointe Shops I LLC	100.00%	Non-Insurer
			FOREIGN
			Sun Life Financial Quantitative Management Inc.	100.00%	Non-Insurer
			CI Fund Management Inc.	34.00%	Non-Insurer
			CI Investments Inc.	100.00%	Non-Insurer
			CI GP Limited	100.00%	Non-Insurer
			CI Fund Services Inc.	100.00%	Non-Insurer
			CI Global Holdings Inc.	100.00%	Non-Insurer
			Altrinsic Global Advisors, LLC	25.00%	Non-Insurer
			Altrinsic Advisors, LLC	51.00%	Non-Insurer
			Altrinsic Advisors, LLC	49.00%	Non-Insurer
			Webb Capital Management LLP	55.00%	Non-Insurer
			CI Global Holdings USA Inc.	100.00%	Non-Insurer
			BPI Global Asset Management LLP	66.00%	Non-Insurer
			Sun Hyde Park, LLC	100.00%	Non-Insurer
			Sun Life Financial Advisory Inc.	100.00%	Non-Insurer
			Sun Life Financial LTC Solutions Inc.	100.00%	Non-Insurer
			IQON Financial Management Inc.	100.00%	Non-Insurer
			IQON Financial Inc.	100.00%	Non-Insurer
			IQON Insurance Brokerage Inc.	75.50%	Non-Insurer
			McLean Budden Limited	55.8%	Non-Insurer
			McLean Budden Funds Inc.	100.00%	Non-Insurer
			Sun Life Capital Trust	100.00%	Non-Insurer
			3060097 Nova Scotia Company	100.00%	Non-Insurer
			Sun Life Financial Trust Inc.	100.00%	Non-Insurer
			1245792 Ontario Inc.	100.00%	Non-Insurer
			The Stormont Electric Light & Power Company	100.00%	Non-Insurer
			The Glengarry and Stormont Railway Company	71.30%	Non-Insurer
			SECLON Inc.	30.00%	Non-Insurer
			seclonLogic inc.	30.00%	Non-Insurer
			279906 Ontario Limited	50.00%	Non-Insurer
			S. & M. Developments Ltd.	100.00%	Non-Insurer
			169086 Canada Limited	100.00%	Non-Insurer
			Sun Life Financial Realty Advisors Inc.	100.00%	Non-Insurer
			Preferred Vision Services Inc.	20.00%	Non-Insurer
			Canadian Insurers Capital Corporation I	19.05%	Non-Insurer
			Canadian Insurers Capital Corporation II	21.43%	Non-Insurer
			Amaulico Fund Ltd.	100.00%	Non-Insurer
			Amaulico Ltd.	100.00%	Non-Insurer
			MCAP Service Corporation	40.00%	Non-Insurer
289907-8			Clarica Trustco	100.00%	Non-Insurer
			Synera Financial Services Inc.	50.00%	Non-Insurer
			Clarica Trust Company	100.00%	Non-Insurer
			Clarica Financial Services Inc.	50.00%	Non-Insurer
			Synera Financial Services Inc.	50.00%	Non-Insurer
			Clarica Financial Services Inc.	50.00%	Non-Insurer
321232-7			Clarica Investco Inc.	100.00%	Non-Insurer
0995169			Clarica MEEL Holdings Limited	100.00%	Non-Insurer
154014			Mississauga Executive Enterprises Ltd.	50.00%	Non-Insurer
			3399435 Canada Inc.	100.00%	Non-Insurer
			Sun Life Financial (Mauritius) Inc.	100.00%	Non-Insurer
			Sun Life Reinsurance Holdings Limited	100.00%	Non-Insurer
			Sun Life Reinsurance Company Limited	100.00%	Insurer
			Sun Life Reinsurance (Ireland) Limited	100.00%	Insurer
			Sun Life (India) AMC Investments Inc.	100.00%	Non-Insurer
			Birla Sun Life Trustee Company Limited	50.00%	Non-Insurer
			Birla Sun Life Asset Management Company Limited	50.00%	Non-Insurer
			Birla Sun Life AMC (Mauritius) Limited	100.00%	Non-Insurer
			Sun Life (India) Distribution Investments Inc.	100.00%	Non-Insurer
			Birla Sun Life Distribution Company Limited	50.0001%	Non-Insurer
			BSDL Insurance Advisory Services Ltd.	100.00%	Non-Insurer
			Sun Life (India) Securities Investments Inc.	100.00%	Non-Insurer
			Birla Sun Life Securities Limited	49.00%	Non-Insurer
			Sun Life Financial (India) Insurance Investments Inc.	100.00%	Non-Insurer
			Birla Sun Life Insurance Company Limited	26.00%	Insurer
			Sun Life Financial (Hungary) Investments Inc.	100.00%	Non-Insurer
			Sun Life (Hungary) Group Financing Limited Liability Company	50.98%	Non-Insurer
			Sun Life of Canada UK Holdings plc	100.00%	Non-Insurer
			SLC Financial Services (U.K.) Limited	100.00%	Non-Insurer
			Confederation Capital Corp. plc	10.00%	Non-Insurer
			Confederation Property Services Limited	100.00%	Non-Insurer
			Sun Life Assurance Company of Canada (U.K.) Limited	100.00%	Insurer
			Confederation Capital Corp. plc	90.00%	Non-Insurer
			BHO Lease Company Limited	100.00%	Non-Insurer
			Sun Life of Canada Independent Limited	100.00%	Non-Insurer
			Confederation U.K. Holdings Limited	100.00%	Non-Insurer
			Confederation Life Insurance Company (U.K.) Limited	100.00%	Insurer
			Sun Life Financial of Canada Trustee Limited	100.00%	Non-Insurer
			Sun Life of Canada Nominees Limited	100.00%	Non-Insurer
			Sun Life Information Services Ireland Limited	100.00%	Non-Insurer
			Sun Life Everbright Life Insurance Company Limited	50.00%	Insurer
			Sun Life Financial (Hong Kong) Limited	100.00%	Insurer
04-3638553			Sun Life Financial (Bermuda) Holdings, Inc.	100.00%	Non-Insurer
52-2301409			Sun Life Financial Insurance and Annuity Company (Bermuda) Ltd.	100.00%	Insurer
			Sun Life Financial Investments (Bermuda) Ltd.	100.00%	Non-Insurer
			Sun Life of Canada International Assurance Limited	100.00%	Insurer
			Sun Life Assurance Company of Canada (Barbados) Limited	100.00%	Insurer
			Sun Life Inversiones S.A.	100.00%	Non-Insurer
			Administradora de Fondos de Pensiones Cuprum S.A.	31.72%	Non-Insurer
			PT Sun Life Financial Indonesia	86.95%	Insurer
			Sun Life (Hungary) Group Financing Limited Liability Company	49.02%	Non-Insurer
			Sun Life of Canada (U.K.) Overseas Investment Limited	100.00%	Non-Insurer
			Sun Life of Canada (Netherlands) B.V.	50.00%	Non-Insurer
			Sun Life of Canada (Philippines), Inc.	100.00%	Insurer
			Sun Life Asset Management Company, Inc.	100.00%	Non-Insurer
			Sun Life Financial Plans, Inc.	100.00%	Non-Insurer
			Sun Life of Canada (Netherlands) B.V.	50.00%	Non-Insurer
			India Advantage Fund Limited	34.79% of Class C non voting shares	Non-Insurer

*	The sole general partner of Sun Life of Canada (U.S.) Limited Partnership I (the "Limited Partnership") is Sun Life of Canada (U.S.) Holdings General Partner, Inc. (the "General Partner"). The General Partner holds approximately 10% of the economic interest in Limited Partnership, while Sun Life of Canada (U.S.) Capital Trust I holds approximately 90% of the economic interest in the Limited Partnership.
**	Sun Life of Canada (U.S.) Holdings, Inc. owns 100% of the common undivided beneficial ownership interests in the assets of the Sun Life of Canada (U.S.) Capital Trust I, a statutory business trust organized in Delaware.
***	Pursuant to State Law, shares must be held by individuals, all of whom are officers of Independent Financial Marketing Group, Inc. or the entity in question, or both. If any of these individuals ceases to be so employed, the shares revert to the company at issue.
****	Effective December 31, 2002, Sun Life Assurance Company of Canada and its holding company affiliate, Clarica Life Insurance Company, amalgamated under Canadian Law into one Canadian stock life insurance company, that continues to operate under the name Sun Life Assurance Company of Canada. Sun Life Assurance Company of Canada continues to be a wholly-owned subsidiary of Sun Life Financial Services of Canada Inc.