Separate Account B of Pacific Life Insurance Co has made significant updates to its variable annuity contracts. The recent filing details changes to the underlying fund information, which is crucial for policyholders and potential investors. This update is essential as it reflects the company's commitment to transparency and responsiveness in a competitive investment landscape.
Pacific Life Insurance Company, established in California, operates within the investment sector. The company is known for its variable annuity products, including the Pacific Select Variable Annuity II. Recent filings indicate a continuous effort to keep investors informed, with the latest submission being a supplement dated October 21, 2026.
The filing states, "The purpose of this supplement is to announce various underlying fund changes." As of November 1, 2026, the existing fund information related to current expenses will be updated. This includes a change in the subadvisor for the Pacific Select Fund International Small-Cap from FIAM LLC to Wellington Management Company LLP. Additionally, the current expenses for two funds have been listed, with the Pacific Select Fund Dividend Growth Portfolio Class I at 0.83% and the Pacific Select Fund International Small-Cap Portfolio Class I at 1.11%.
These updates may affect current policyholders who rely on accurate fund performance data for their investment decisions. Investors considering variable annuities may also find this information relevant as they evaluate their options in a changing market. The adjustments reflect Pacific Life's proactive approach in managing its products and responding to investor needs.
Looking ahead, the filing does not specify any further actions or additional filings related to these changes. However, policyholders are encouraged to retain this supplement for future reference and can obtain the current prospectus by contacting Pacific Life or visiting their website.