Separate Account A of Pacific Life Insurance Co has filed a supplement to its variable annuity contracts, indicating a change in underlying fund information. This update is significant for policyholders and the investment industry, as it may influence how similar products are structured by competitors.
Pacific Life Insurance Co, a prominent player in the investment sector, is known for its variable annuity offerings. The company operates under the CIK 0000935823 and is based in Newport Beach, California. Recent filings show that the company has been active, with multiple submissions on October 21, 2026, including various forms related to its variable annuities.
The filing states, "The purpose of this supplement is to announce an underlying fund change." This alteration will take effect on November 1, 2026, and will replace existing fund information related to current expenses in the contracts. The specific fund mentioned is the Invesco V.I. American Value Fund Series I, managed by Invesco Advisers, Inc., with current expenses listed at 0.76%.
This update may affect policyholders who hold these variable annuity contracts, as changes in underlying funds can impact investment performance and fees. Additionally, other companies in the investment sector may feel the ripple effects of this update, prompting them to reassess their own product offerings in light of the changes made by Pacific Life.
The filing does not say what happens next, leaving stakeholders to await further communications from Pacific Life regarding any additional changes or implications for policyholders.