AuguStar Variable Account A has announced three reorganizations of its variable annuity and life insurance portfolios. This strategic move is designed to streamline operations and potentially lower costs for policyholders.

The changes will take effect on December 18, 2026, impacting contract owners with allocations in the affected portfolios. The decision reflects ongoing trends in the investment industry toward efficiency and cost management.

Background

AuguStar Variable Account A is an investment entity incorporated in Ohio. It operates under the Central Index Key (CIK) number 0000073981. The company has recently filed multiple documents, including several 497 forms on November 3, 2026, indicating active engagement with regulatory requirements. The company is part of the broader investment sector, which focuses on providing variable annuity contracts and life insurance products.

What the Filing Says

The filing states, "The Board of Directors of the AuguStar Variable Insurance Products Fund, Inc. has approved three reorganizations... Each reorganization is in the best interests of each portfolio involved." The filing also notes 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

This reorganization may affect contract owners who have allocated value to the target portfolios listed in the filing. The changes are intended to enhance the overall performance and management of the investment products offered by AuguStar.

What's Next

As stated in the filing, the reorganization will take place automatically on December 18, 2026, and contract owners do not need to take any action unless they wish to reallocate their contract value to other portfolios. An Information Statement/Prospectus describing the reorganizations will be available on or about November 20, 2026.