AuguStar Variable Account A has taken a significant step by approving three reorganizations involving portfolios within its variable annuity contracts and variable life insurance policies. This decision, made by the Board of Directors of the AuguStar Variable Insurance Products Fund, Inc., is aimed at enhancing the overall efficiency and cost-effectiveness of the affected portfolios.

The reorganizations are set to take effect on or about December 18, 2026, when the assets of the target portfolios will be transferred to their corresponding survivor portfolios. The Board concluded that these changes are in the best interests of the portfolios involved, with the expectation that the total annual operating expenses of the survivor portfolios will be the same or lower than those of the target portfolios.

Background

AuguStar Variable Account A is an investment entity based in Cincinnati, Ohio, and is part of the AuguStar Life Insurance Company. It focuses on providing variable annuity contracts and variable life insurance policies. The company has undergone several recent filings, including multiple submissions of Form 497, with the latest being on November 3, 2026, under accession number 0001398344-26-019330.

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 mentions that the changes will be automatic for contract owners, who will not need to take any action unless they wish to reallocate their contract value.

Impact

This reorganization will primarily affect contract owners who have allocated their investments to the target portfolios listed in the filing. The automatic transfer of assets to the survivor portfolios means that these owners will see their investments consolidated without incurring additional fees. The filing indicates that the changes aim to streamline operations and potentially lower costs for investors.

What's Next

An Information Statement/Prospectus detailing the reorganizations will be available on or about November 20, 2026. Contract owners can expect to receive a copy, and they are encouraged to review the information regarding the changes to their portfolios.