Pacific Life & Annuity Company has made significant updates to its variable annuity contracts, as detailed in a recent filing. This update, dated October 21, 2026, is crucial for current and prospective contract owners as it revises the underlying fund information and reflects changes in associated expenses.
Separate Account A of Pacific Life & Annuity Co, identified by CIK 0001074486, operates within the investment sector. The company is based in Newport Beach, California, and has a fiscal year ending on December 31. This recent filing is part of a series of updates, including multiple filings on the same date, indicating active management of their offerings.
The filing states, "The purpose of this supplement is to announce various underlying fund changes." Effective November 1, 2026, the underlying fund information related to the current expenses in the appendix section of the contracts will be updated. Notably, the subadvisor for the Pacific Select Fund International Small-Cap will change from FIAM LLC to Wellington Management Company LLP.
This update may affect current contract owners and potential investors looking into variable annuities. By adjusting the underlying fund information and expenses, Pacific Life & Annuity Co aims to enhance the attractiveness of its annuity products in a competitive market.
Looking ahead, further filings may provide additional insights into the company's strategic direction and product offerings. However, the current filing does not specify what happens next.