AuguStar Variable Account A has taken a significant step by announcing the approval of three reorganizations involving its variable annuity contracts and life insurance policies. This decision, made by the Board of Directors of the AuguStar Variable Insurance Products Fund, Inc., aims to enhance the performance and efficiency of the affected portfolios.

The reorganizations are set to take effect on December 18, 2026, with assets from the target portfolios transferring to their corresponding survivor portfolios. The Board concluded that these changes are in the best interests of each portfolio involved, with expectations that the total annual operating expenses of the survivor portfolios will remain the same or be lower than those of the target portfolios.

Background

AuguStar Variable Account A is an investment entity incorporated in Ohio, primarily dealing with variable insurance products. The company operates under the Central Index Key (CIK) number 0000073981. Recent filings include multiple submissions on November 3, 2026, highlighting its ongoing activities in managing variable annuity contracts and life insurance policies.

What the Filing Says

The recent SEC filing states, "After considering a number of factors, the Board concluded that each reorganization is in the best interests of each portfolio involved in that reorganization." It further explains that any contract value allocated to a target portfolio before its reorganization will automatically transfer to the corresponding survivor portfolio.

Impact

This decision may affect policyholders who have contract values allocated to the target portfolios listed in the filing. The changes will be implemented automatically, and policyholders will not need to take any action unless they wish to reallocate their contract values to other portfolios.

What's Next

An Information Statement/Prospectus detailing the reorganizations will be available on or about November 20, 2026. Policyholders can request a free copy by calling the company or accessing it online.