AuguStar Variable Account A has announced the approval of three reorganizations involving its variable annuity and life insurance portfolios. This decision, made by the Board of Directors of the AuguStar Variable Insurance Products Fund, Inc., is intended to enhance operational efficiency and potentially lower expenses for investors.

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

Background

AuguStar Variable Account A is an investment entity based in Cincinnati, Ohio. The company is part of the AuguStar Life Insurance Company and has been known for its variable annuity and life insurance products. The company operates under the Central Index Key (CIK) 0000073981 and has a fiscal year ending on December 31.

What the Filing Says

The recent filing states, "The Board concluded that each reorganization is in the best interests of each portfolio involved in that reorganization." The changes are set to take effect as of December 18, 2026, when the assets of the target portfolios will be allocated to their respective survivor portfolios.

Impact

This reorganization may affect contract owners who have allocated value to the target portfolios listed in the filing. The changes will occur automatically, and contract owners will not need to take any action unless they wish to reallocate their investments. The filing also notes that from October 19, 2026, through February 16, 2027, contract owners may make one transfer of contract value out of a target portfolio without charge.

What's Next

An information statement/prospectus detailing the reorganizations will be available on or about November 20, 2026. This document will provide further insights into the changes and how they may affect investors.