AuguStar Variable Account A has announced significant changes regarding its investment portfolios. The company’s Board of Directors has approved three reorganizations that will impact various portfolios available within its variable annuity contracts and variable life insurance policies. This strategic move is designed to enhance the performance of the portfolios while also potentially lowering operating expenses.

The reorganizations are scheduled to take effect on or about December 18, 2026. As part of this process, assets from the target portfolios will be transferred to corresponding survivor portfolios. The Board concluded that these changes are in the best interests of the portfolios involved, which may lead to improved investment outcomes for policyholders.

According to the filing, policyholders with contract values allocated to the affected portfolios will receive notifications regarding the changes. The company assures that the total annual operating expenses of the survivor portfolios will be the same or lower than those of the target portfolios, indicating a focus on cost efficiency.

Details regarding the specific target and survivor portfolios have been provided, including the AVIP Fidelity Institutional AM® Equity Growth Portfolio transitioning to the AVIP BlackRock Advantage Large Cap Growth Portfolio, among others. The filing emphasizes that policyholders do not need to take any action unless they wish to reallocate their contract values to other portfolios.

As the investment landscape continues to evolve, AuguStar’s proactive approach may position it favorably against competitors in the investment sector. The company’s commitment to optimizing its portfolio offerings reflects a broader trend in the industry where firms are increasingly focusing on efficiency and performance.

Moving forward, policyholders can expect further communications regarding the reorganizations, including an Information Statement/Prospectus that will be available on or about November 20, 2026. This document will provide more detailed information about the changes and the portfolios involved.

The filing does not specify any additional upcoming actions beyond the planned reorganizations.