Pacific Life & Annuity Co has filed a significant update regarding its variable annuity contracts. The supplement, dated October 21, 2026, informs investors of various changes to the underlying funds associated with these contracts. This update is essential as it ensures that investors have the most current information regarding fund expenses and management, which can impact their investment decisions.
Separate Account A of Pacific Life & Annuity Co, an investment entity incorporated in California, specializes in variable annuities. The company has a history of providing financial products that cater to a range of investment needs. Recent filings include multiple updates on October 21, 2026, consisting of forms 497VPI and 497VPU, which highlight ongoing adjustments to their offerings.
The filing specifies that the purpose of the supplement is to announce various underlying fund changes. It states, "The purpose of this supplement is to announce various underlying fund changes." Effective November 1, 2026, the appendix detailing the funds available under the contract will be amended to reflect these changes. Notably, the subadvisor for the Pacific Select Fund International Small-Cap will change from FIAM LLC to Wellington Management Company LLP.
This update may affect current and prospective policyholders, as it directly relates to the performance and management of their investments. Investors should review the updated prospectus to understand how these changes could influence their contracts and overall investment strategy.
Details regarding future actions following this filing were not specified. Investors are encouraged to stay informed through the company's communications and prospectuses.