Pacific Life & Annuity Company has announced an update to its prospectus for variable annuity contracts, reflecting changes in underlying funds and expenses. This update, filed on October 21, 2026, is significant as it provides clarity and transparency for current and potential investors in the annuity market.
Background
Separate Account A of Pacific Life & Annuity Company, identified by CIK 0001074486, operates within the investment sector. The company is based in Newport Beach, California, and has a fiscal year ending on December 31. Recent filings include several updates on various variable annuity contracts, including the Pacific Quest and Pacific Value Edge.
What the Filing Says
The filing states, "The purpose of this supplement is to announce various underlying fund changes." It also mentions that effective November 1, 2026, the underlying fund information related to the current expenses will be updated, including a change in the subadvisor for the Pacific Select Fund International Small-Cap from FIAM LLC to Wellington Management Company LLP.
Impact
This update may affect existing and prospective contract owners of Pacific Life's variable annuities. Investors will need to review the changes to understand how they might impact their investments and future decisions regarding these financial products.
What's Next
The filing does not say what happens next.