Separate Account A of Pacific Life & Annuity Company has issued a supplement to its summary prospectus for various variable annuity contracts. This update, filed on October 21, 2026, is significant as it reflects changes in underlying fund information and expense structures that could affect current and prospective investors.
Pacific Life & Annuity Company is part of the investment sector, focusing on providing variable annuity products. The company is based in Newport Beach, California, and operates under the Central Index Key (CIK) number 0001074486. Recent filings include multiple updates on October 21, 2026, including forms 497VPI and 497VPU, indicating ongoing activity in managing its investment products.
The latest filing states, "The purpose of this supplement is to announce various underlying fund changes." This indicates a proactive approach to keeping investors informed about changes that may impact their investments. Effective November 1, 2026, the underlying fund information related to current expenses will be updated, including changes to the subadvisor for the Pacific Select Fund International Small-Cap Portfolio.
This update may affect investors holding these variable annuity contracts, as the changes in underlying funds and expenses could influence their investment strategies and returns. Additionally, other companies in the investment sector may need to consider how these changes affect their competitive positioning.
The filing does not specify what happens next, but it emphasizes the importance of reviewing the updated prospectus for further details on the changes.