Separate Account A of Pacific Life Insurance Company has made significant updates to its variable annuity contracts through a recent filing. This update, filed on October 21, 2026, is crucial for current and prospective investors, as it includes changes to underlying fund management and expense structures.
Pacific Life Insurance Company, based in Newport Beach, California, operates under the investment entity type and focuses on providing variable annuity products. The company has a history of adapting its offerings to meet market demands, which is evident in this latest filing. The filing includes a list of recent filings, with multiple updates also submitted on the same day.
The filing states, "The purpose of this supplement is to announce various underlying fund changes." This indicates that investors should review the updated information regarding the funds associated with their contracts. The changes include the appointment of Wellington Management Company LLP as the new subadvisor for the Pacific Select Fund International Small-Cap Portfolio Class I, replacing FIAM LLC.
Additionally, the filing notes that Citigroup Global Markets, Inc. has removed specific maximum issue age restrictions for contract issuance and optional benefits, which could broaden access for potential investors. This update may affect both current contract holders and those considering entering the variable annuity market.
Looking ahead, the filing does not specify any further actions or upcoming filings related to these changes. However, investors are encouraged to stay informed and review the updated prospectus to understand how these changes may impact their investments.