Pacific Select Exec Separate Account of Pacific Life Insurance has filed a supplement to its statutory prospectus, announcing changes to its variable universal life policies. This update is effective November 1, 2026, and is crucial for policyholders and the broader insurance industry.
Background
Pacific Select Exec Separate Account of Pacific Life Insurance, identified under the Central Index Key 0000832908, operates in the investment sector. The company is based in Newport Beach, California, and is part of the Pacific Life Insurance Company. The recent filing was made on October 21, 2026, under the 497 form type.
What the Filing Says
The filing states, "The purpose of this supplement is to announce various underlying fund changes." It details that effective November 1, 2026, the underlying fund information related to current expenses will be updated. The sub-advisor for the Pacific Select Fund International Small-Cap will change from FIAM LLC to Wellington Management Company LLP.
Impact
This update may affect current policyholders of the variable universal life policies, as well as potential investors considering these products. The changes in fund management and expenses could influence the performance of the policies and the overall investment strategy.
What's Next
The filing does not say what happens next.