Separate Account B of Pacific Life Insurance Co has made significant updates to its variable annuity contracts. The recent filing outlines changes to underlying fund information, which could impact investor choices and strategies. This development is particularly relevant in the competitive landscape of the insurance and investment sector.
Company Overview
Separate Account B of Pacific Life Insurance Co is an investment entity incorporated in California. The company primarily deals with variable annuity contracts. Recent filings include a 497 form dated October 21, 2026, and a 497VPU form, both filed on the same day. The company’s business address is in Newport Beach, California.
What the Filing Says
The filing dated October 21, 2026, serves as a supplement to the Statutory Prospectus and Updating Summary Prospectus dated May 1, 2026. It announces various underlying fund changes, specifically stating, "The purpose of this supplement is to announce various underlying fund changes." Additionally, effective November 1, 2026, the underlying fund information related to current expenses will be updated.
Impact
This update may affect current and potential investors in Pacific Life's variable annuity contracts. The changes in underlying fund management and expense structures could influence investor decisions, particularly regarding the Pacific Select Fund Dividend Growth Portfolio and the Pacific Select Fund International Small-Cap Portfolio.
What's Next
The filing does not say what happens next.