Pacific Life & Annuity Company’s Separate Account A has filed an important update regarding its variable annuity contracts. The update, dated October 21, 2026, outlines changes to the underlying funds associated with these contracts. This filing is significant as it reflects the company’s ongoing adjustments to enhance its investment offerings and manage fund performance.
Separate Account A of Pacific Life & Annuity Co operates within the investment sector and is known for its variable annuity products. The company is based in Newport Beach, California, and has a long-standing presence in the financial services industry. Recent filings indicate that the company is actively managing its investment products, with multiple updates submitted on the same day.
The filing states, "The purpose of this supplement is to announce various underlying fund changes." Effective November 1, 2026, the update will replace existing fund information in the appendix of the contracts. Notably, the subadvisor for the Pacific Select Fund International Small-Cap will change from FIAM LLC to Wellington Management Company LLP. This change signifies a strategic decision aimed at optimizing fund management.
This update may affect contract owners and investors who hold or are considering the variable annuity products offered by Separate Account A. The adjustments in fund management and underlying expenses could influence the performance of these investment vehicles. Investors are encouraged to review the updated prospectus for detailed information regarding these changes.
As for what’s next, the filing does not specify any further actions or upcoming votes related to these changes. However, contract owners are advised to retain the supplement for future reference and to contact the company for any inquiries regarding their contracts.