Separate Account A of Pacific Life & Annuity Co has filed an update regarding its variable annuity contracts. This change, effective November 1, 2026, involves an update to the underlying fund information related to current expenses. Such adjustments are crucial as they directly affect contract owners and may influence their investment decisions.
Pacific Life & Annuity Co is an investment company incorporated in California, with its business address located in Newport Beach. The company focuses on providing variable annuity products, including the Pacific Advisory Variable Annuity. As part of its regulatory obligations, the company has made several recent filings, including multiple submissions on October 21, 2026, to provide insights into its operations and offerings.
The filing states, "The purpose of this supplement is to announce an underlying fund change." It details that the existing fund information related to current expenses will be replaced with updated data. Specifically, the Invesco V.I. American Value Fund Series I, managed by Invesco Advisers, Inc., will now have a current expense ratio of 0.76%.
This update may affect contract owners who rely on this information to make informed decisions about their investments. The change in expense ratios can influence the overall performance of the annuity contracts and, consequently, the financial outcomes for investors.
Looking ahead, the filing does not specify what actions will follow this update. However, it is clear that Pacific Life & Annuity Co is committed to keeping its clients informed through these regular updates and filings.