Separate Account A of Pacific Life & Annuity Company has released an important update regarding its variable annuity contracts, which is significant for both the company and its clients. The changes, effective November 1, 2026, include updates to underlying fund information and changes in fund advisors. These adjustments may influence contract holders and the investment landscape as companies respond to evolving market conditions.
Background
Separate Account A of Pacific Life & Annuity Company is an investment entity incorporated in California. It focuses on variable annuity products and operates under the Central Index Key (CIK) number 0001074486. The entity has a history of adapting its offerings to meet market demands, as evidenced by its recent filings, including multiple updates on October 21, 2026.
What the Filing Says
The filing dated October 21, 2026, provides a supplement to the statutory prospectus and updates regarding various underlying fund changes. It states, "The purpose of this supplement is to announce various underlying fund changes." Additionally, it includes details about the current expenses associated with specific funds and the change of subadvisor for the Pacific Select Fund International Small-Cap Portfolio from FIAM LLC to Wellington Management Company LLP.
Impact
These changes may affect contract holders who rely on the performance of the variable annuity products offered by Separate Account A. The updates to the underlying funds and advisor roles could influence investment strategies and outcomes for those involved. Additionally, the broader investment industry may see shifts as firms reassess their product offerings in light of these changes.
What's Next
The filing does not say what happens next.