AuguStar Variable Account A has announced significant changes to its investment structure, involving three reorganizations of its variable annuity and life insurance portfolios. This decision, effective December 18, 2026, is intended to streamline operations and potentially lower costs for policyholders.

The reorganizations come as part of a strategy to enhance the effectiveness of the portfolios involved. The Board of Directors of the AuguStar Variable Insurance Products Fund, Inc. approved these changes after careful consideration of various factors, concluding that the reorganizations are in the best interest of the involved portfolios.

Background

AuguStar Variable Account A, a part of AuguStar Life Insurance Company, operates in the investment sector. The company is based in Cincinnati, Ohio, and has a history of providing variable insurance products. This recent filing is part of a series of updates, with the latest forms submitted on November 3, 2026, indicating ongoing adjustments in their offerings.

What the Filing Says

The recent filing states, "The Board concluded that each reorganization is in the best interests of each portfolio involved in that reorganization." It also mentions that the total annual operating expenses of the survivor portfolios are expected to be the same or lower than those of the target portfolios.

Impact

The changes will primarily affect policyholders who have allocated contract values to the target portfolios listed in the filing. As of the close of business on December 18, 2026, assets from the target portfolios will be transferred to their corresponding survivor portfolios, ensuring a seamless transition for customers.

What's Next

Following these reorganizations, policyholders will have the opportunity to make one transfer of contract value out of a target portfolio or its corresponding survivor portfolio without incurring charges. This transfer option will be available from October 19, 2026, through February 16, 2027. An information statement describing the reorganizations will be available around November 20, 2026, which will provide further details for affected policyholders.

For those interested in more information, the AuguStar website will host updates, and customers can contact their financial professionals for assistance with new allocation instructions.