Pacific Select Exec Separate Account of Pacific Life & Annuity has made a significant update regarding its investment options. The company has announced a change in the subadvisor for the Pacific Select Fund International Small-Cap. This change will take effect on November 1, 2026, and is expected to impact the management strategy for this particular fund.
The Pacific Select Exec Separate Account is a part of Pacific Life Insurance Company, a well-established player in the investment industry. The firm, based in Newport Beach, California, focuses on providing variable universal life policies and has a history of adapting its offerings to meet market demands. The company operates under the Central Index Key 0001074487 and has been active in filing various forms with the SEC.
According to the recent SEC filing, the subadvisor for the Pacific Select Fund International Small-Cap will transition from FIAM LLC to Wellington Management Company LLP. This update is part of a broader strategy to enhance the investment options available to policyholders.
This change may affect policyholders who invest in the Pacific Select Fund International Small-Cap, as well as potential investors considering variable universal life policies. The decision to change subadvisors reflects the company's commitment to maintaining competitive investment strategies in a dynamic market.
The filing does not specify what happens next, but the company encourages policyholders to retain the supplement for future reference. Investors can also obtain the current Prospectus by contacting the company directly.