AuguStar Variable Account A has made a significant move by approving three reorganizations that will affect its variable annuity contracts and variable life insurance policies. This decision, made by the Board of Directors of the AuguStar Variable Insurance Products Fund, Inc., is aimed at enhancing the overall efficiency of the portfolios involved.

The reorganizations are expected to result in total annual operating expenses for the survivor portfolios being the same or lower than those of the target portfolios. This strategic shift is crucial for policyholders, as it could lead to reduced costs and improved investment outcomes.

Background

AuguStar Variable Account A is an investment entity based in Cincinnati, Ohio, incorporated under the laws of Ohio. It is part of the AuguStar Life Insurance Company and focuses on providing variable insurance products. The company has a history of adapting to market changes and enhancing its offerings to meet the needs of its clients.

What the Filing Says

The recent filing dated November 3, 2026, outlines the approval of three reorganizations involving specific portfolios within the AuguStar variable annuity contracts and life insurance policies. According to the filing, "the Board concluded that each reorganization is in the best interests of each portfolio involved in that reorganization." This indicates a careful consideration of the potential benefits for policyholders.

Impact

This update will primarily affect policyholders who have contract values allocated to the target portfolios listed in the filing. As of December 18, 2026, the assets of the target portfolios will be transferred to their corresponding survivor portfolios, ensuring a seamless transition for investors.

What's Next

The filing does not specify what happens next beyond the planned asset transfers. However, policyholders are encouraged to monitor their investments and consider reallocating their contract values if desired. An information statement detailing the reorganizations will be available on or about November 20, 2026.