AuguStar Variable Account A has filed a significant update regarding the reorganization of its variable annuity contracts and life insurance policies. This decision, approved by the Board of Directors of the AuguStar Variable Insurance Products Fund, Inc., aims to enhance operational efficiency and potentially lower costs for policyholders.

The reorganizations involve transferring assets from certain target portfolios to corresponding survivor portfolios. The Board concluded that these changes are in the best interests of the portfolios involved, with expectations that the total annual operating expenses of the survivor portfolios will be the same or lower than those of the target portfolios.

Company Background

AuguStar Variable Account A is an investment entity incorporated in Ohio. It operates under the Central Index Key (CIK) number 0000073981. The company is primarily focused on providing variable annuity contracts and variable life insurance policies. Recent filings indicate ongoing updates and adjustments to their offerings, with the latest filing dated November 3, 2026.

What the Filing Says

The filing states, "We’re contacting you to notify you that the Board of Directors... has approved three reorganizations... each such reorganization involves portfolios available within your AuguStar variable annuity contract and/or variable life insurance policy." It emphasizes that the changes will take place automatically, and policyholders will not need to take any action unless they wish to reallocate their contract value.

Impact

This reorganization may affect policyholders who have contract value allocated to the target portfolios listed in the filing. As of December 18, 2026, the assets of the target portfolios will be transferred to their respective survivor portfolios, ensuring a seamless transition for clients.

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. Clients will receive further details regarding their investments and any necessary actions they may need to take.