AuguStar Variable Account A has announced significant reorganizations of its investment portfolios, which will affect its variable annuity and life insurance products. This update reflects a strategic move to streamline operations and potentially enhance investor returns. The changes, approved by the Board of Directors, aim to ensure that operating expenses remain stable or decrease in the survivor portfolios. The reorganizations are set to take effect on December 18, 2026.

Background — AuguStar Variable Account A is an investment entity based in Cincinnati, Ohio. It operates under the Central Index Key (CIK) 0000073981. The company is known for its variable insurance products, including variable annuities and life insurance policies. Recent filings include multiple submissions on November 3, 2026, which detail updates to its investment strategies.

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." It also notes that the total annual operating expenses of the survivor portfolio are expected to be the same or lower than those of the target portfolio.

Impact — The changes will affect contract owners who have allocated value to the target portfolios listed in the filing. The reorganization will automatically transfer assets from the target portfolios to their corresponding survivor portfolios, ensuring that contract owners' investments are managed efficiently.

What's next — The filing does not say what happens next, but it indicates that an Information Statement/Prospectus describing the reorganizations will be available on or about November 20, 2026.