AuguStar Variable Account A has announced significant changes to its investment offerings. The company’s Board of Directors has approved three reorganizations involving portfolios within its variable annuity contracts and variable life insurance policies. This move is expected to streamline operations and potentially lower costs for investors.

The reorganizations will take effect on December 18, 2026, when assets from the target portfolios will be transferred to their corresponding survivor portfolios. The Board concluded that these changes are in the best interests of the involved portfolios, aiming to maintain or reduce total annual operating expenses.

Background

AuguStar Variable Account A, incorporated in Ohio, operates under the investment entity type. It is part of AuguStar Life Insurance Company and serves clients through various financial products, including variable annuities and life insurance. The company's recent filings highlight its commitment to optimizing investment strategies for its clients.

What the Filing Says

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

Impact

This reorganization may affect contract owners who have allocated value to the target portfolios. Investors can expect their assets to be automatically transferred to the corresponding survivor portfolios, ensuring continuity in their investment strategies.

What's Next

Further details regarding the reorganizations will be made available in an Information Statement/Prospectus, expected to be released on or about November 20, 2026. Contract owners will also receive a copy of this prospectus.