Far, Wide and Diversified: New Guide Helps Clients Create Balanced Investment Strategies in Pacific Life and Pacific Life & Annuity VUL Products
Clients Can Now Choose from 56 Investment Options
Newport Beach, CA. (May 1, 2007) – To help policyowners better understand and manage the investment choices within their variable universal life insurance policies, Pacific Life Insurance Company and Pacific Life & Annuity Company recently published an easy-to-use consumer guide that highlights the importance of a balanced portfolio and how to create one. The “Far, Wide and Diversified” guide describes the 56 investment options now available with companies’ variable life insurance products and the variety of value-added services that support a policyowner’s overall investment strategy.
The Far, Wide and Diversified approach includes:
- Far: A range of services for a systematic buy/sell discipline, featuring automatic rebalancing and a first year transfer program.
- Wide: 56 variable investment options from some of the top money managers.
- Diversified: A choice of asset allocation strategies including five asset allocation models, how to blend asset allocation models with individual investment options and target date funds, also known as lifecycle funds.
“Choosing the proper investment strategy can seem overwhelming to many policyowners,” commented Alyce Peterson, vice president of marketing services for Pacific Life’s Life Insurance Division. “Each client’s needs and financial objectives are unique. Far, Wide and Diversified can help clarify how to choose investment options that can help them meet their goals.”
The guide also includes an overview of 15 new portfolios managed by Janus, Lazard, Legg Mason, MFS, Oppenheimer and XTF Advisors. According to Peterson, these new additions provide opportunities for additional exposure to small cap, mid cap and international asset classes available under the variable investment options. Policyowners can also select from six target date portfolios.
About Pacific Life
Founded in 1868, Pacific Life provides life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans.1 Pacific Life counts more than half of the 100 largest U.S. companies as clients2 and is a member of the Insurance Marketplace Standards Association (IMSA), whose membership promotes high ethical standards for the sale of individual life insurance and annuities.
About Pacific Life & Annuity Company
Pacific Life & Annuity Company offers a wide range of products, including life insurance, annuities, structured settlement annuities, and other investment products and services for individuals and businesses.1 Pacific Life & Annuity is a member of the Insurance Marketplace Standards Association (IMSA), whose membership promotes high ethical standards for the sale of individual life insurance and annuities. For additional information about Pacific Life & Annuity, including its current financial strength ratings from A.M. Best, Fitch Ratings, Standard & Poor’s, and Moody’s, visit the company Web site at www.PacificLifeandAnnuity.com.
1 Product features and availability vary by state.
2 Data compiled by Pacific Life using the FORTUNE 500® list as of April 2006.
Pacific Life Insurance Company is licensed to issue individual life insurance and annuity products in all states except New York. Product availability and features vary by state. Individual life insurance and annuity products are available in New York through Pacific Life & Annuity Company. Each company is solely responsible for the financial obligations accruing under the policies it issues, and its product and rider guarantees are backed by that company’s financial strength and claims-paying ability.
Variable insurance products issued by Pacific Life Insurance Company and Pacific Life & Annuity Company are distributed by Pacific Select Distributors, Inc. (member NASD & SIPC), a subsidiary of Pacific Life and an affiliate of Pacific Life & Annuity, and are available through licensed third party broker-dealers. Shares of Janus Aspen Series are distributed by Janus Distributors LLC. Shares of Lazard Retirement Series, Inc. are distributed by Lazard Asset Management Securities LLC. Shares of Legg Mason Partners Variable Portfolios are distributed by Legg Mason Investors Services LLC. Shares of MFS Variable Insurance Trust are distributed by MFS Fund Distributors, Inc. Shares of XTF Advisor Trust are distributed by Aquarius Fund Distributors, LLC. Special risks such as currency fluctuations and political changes should be considered when investing in international and emerging markets. Higher volatility and greater risks may be associated with investing in smaller size companies.
For more detailed information about Pacific Life’s and Pacific Life & Annuity’s variable life products, including charges, expenses and limitations, contact your registered representative or call Pacific Life at 800-800-7681 or Pacific Life & Annuity at 888-595-6996 for current prospectuses. Read the prospectuses carefully before investing or sending money.