AuguStar Variable Account A has announced a series of reorganizations affecting its investment portfolios, which were approved by the Board of Directors. This strategic move aims to enhance the efficiency of the company's variable annuity contracts and life insurance policies.

The reorganizations are designed to benefit contract holders by transferring assets from target portfolios to corresponding survivor portfolios. The Board concluded that these changes are in the best interests of the portfolios involved, ensuring that the total annual operating expenses of the survivor portfolios will be the same or lower than those of the target portfolios.

Company Overview

AuguStar Variable Account A, incorporated in Ohio, operates as an investment entity. The company is associated with various variable annuity contracts and life insurance products. Recent filings indicate that the company has been active in updating its prospectus, with multiple filings occurring on November 3, 2026, including the current 497 filing, accession number 0001398344-26-019394.

Details from the Filing

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 changes will take effect on or about December 18, 2026, when the assets of the target portfolios will be transferred to their corresponding survivor portfolios.

Impact on Stakeholders

This reorganization may affect various stakeholders, including contract owners who have allocated value to the target portfolios. Those affected will automatically have their investments transitioned to the survivor portfolios without any action required on their part. The company has also indicated that contract holders can make one transfer of contract value out of a target portfolio without charge during a specified period.

What's Next?

Following this filing, an Information Statement/Prospectus detailing the reorganizations will be available around November 20, 2026. Contract holders will also receive a copy of this information if they own a registered contract or policy.