Separate Account A of Pacific Life Insurance Co has made significant updates to its variable annuity contracts, as detailed in a recent SEC filing. The changes, which take effect on November 1, 2026, include modifications to underlying fund information and current expenses. This update is crucial for policyholders and may influence the competitive landscape in the variable annuity market.
Background
Separate Account A of Pacific Life Insurance Co is an investment entity that offers various variable annuity contracts. The company operates under the Central Index Key (CIK) number 0000935823. Recent filings indicate that the company is actively managing its offerings, with multiple submissions made on October 21, 2026, including several forms related to variable annuities.
What the Filing Says
The SEC filing, identified by accession number 0001104659-26-117689, includes a supplement dated October 21, 2026, detailing updates to the statutory prospectus and summary prospectus for its variable annuity contracts. The filing states, "The purpose of this supplement is to announce various underlying fund changes." It also notes that effective November 1, 2026, the underlying fund information related to current expenses will be amended.
Impact
This update may affect current and prospective policyholders of Pacific Life's variable annuity contracts. Changes to underlying fund expenses could influence investment decisions and overall contract performance. Additionally, the modifications may prompt competitors in the variable annuity market to reassess their product offerings to remain competitive.
What's Next
The filing does not specify what happens next following these updates. However, policyholders are encouraged to review the current prospectus and contact Pacific Life for further information regarding their contracts.