Pacific Select Executive Separate Account of Pacific Life Insurance has made significant updates to its variable universal life policies. This change, filed on October 21, 2026, is important as it reflects new underlying fund information that may impact policyholders and the investment industry.
The filing, accession number 0001104659-26-117724, details amendments to the funds available under the contract, which will take effect on November 1, 2026. This includes a change in the subadvisor for the Pacific Select Fund International Small-Cap, moving from FIAM LLC to Wellington Management Company LLP.
Background
Pacific Select Executive Separate Account of Pacific Life Insurance is an investment entity based in California. The company is known for offering variable universal life insurance products, designed to provide policyholders with flexible premium payments and investment options. The most recent filings include multiple submissions on October 21, 2026, reflecting ongoing updates and changes in their offerings.
What the Filing Says
The filing states, "The purpose of this supplement is to announce various underlying fund changes." It emphasizes that the changes must be accompanied by the statutory prospectus for the policy, ensuring that policyholders are informed about the updates.
Impact
This update may affect current and potential policyholders of Pacific Life's variable universal life policies. It also has implications for the investment management industry, particularly for those interested in variable life insurance products. The change in subadvisors could influence fund performance and management strategies.
What's Next
The filing does not say what happens next.