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About Pacific Life

Media Contact:
Tennyson Oyler
(949) 219-3248 

 For Immediate Release

Pacific Life's New Pacific Destinations O-Series Variable Annuity
Offers Edward Jones Clients Low Fees Plus No Up-Front Sales Charge

Newport Beach, Calif. (January 12, 2012)-Pacific Life Insurance Company's Retirement Solutions Division has launched a new variable annuity, Pacific Destinations O-Seriessm , that offers the low mortality, expense, and administrative fees of an A-share product without an up-front sales charge. A premium-based charge will apply to each purchase payment and is deducted quarterly over a seven-year period. The product, targeted for release on January 9, may be appropriate for clients of Edward Jones who want their money to start working for them immediately.

"Edward Jones is a highly valued part of Pacific Life's distribution network," says Chris van Mierlo, Pacific Life's chief marketing officer, Retirement Solutions Division. "The introduction of Pacific Destinations O-Series is another important step in fulfilling our commitment to provide Edward Jones Financial Advisors with a wide range of quality product choices to help meet clients' needs and preferences."

Pacific Life's comprehensive product line for Edward Jones now includes fixed and variable annuities (including A-share and O-share versions of Pacific Destinations), mutual funds, and life insurance products.

The Pacific Destinations O-Series product includes The Power of Diversification, a selection of four investment asset allocation categories that make it easy for clients to choose the best mix of investment options for their individual needs. For an additional cost, it also offers a choice of two optional guaranteed withdrawal benefits. Automatic Income Builder enables clients to receive income for life with automatic increases, and CoreIncome Advantage5 Plus (CIA5 Plus), gives clients the ability to lock in market gains and an income that can continue for life.

About Pacific Life
Offering insurance since 1868, Pacific Life provides a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Pacific Life counts more than half of the 100 largest U.S. companies as its clients. For additional company information, including current financial strength ratings, visit Pacific Life online at

Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of May 2011 is compiled by Pacific Life using the 2011 FORTUNE 500® list.

You should carefully consider a variable annuity's risks, charges, limitations, and expenses, as well as the risks, charges, expenses, and investment objectives of the underlying investment options. This and other information about Pacific Life are provided in the product and underlying fund prospectuses. These prospectuses are available from your financial advisor or by calling (800) 722-4448. Read them carefully before investing.

Variable annuities are long-term investments designed for retirement. The value of the variable investment options will fluctuate and, when redeemed, may be worth more or less than the original cost. Annuity withdrawals and other distributions of taxable amounts, including death benefit payouts, will be subject to ordinary income tax. If withdrawals and other distributions are taken prior to age 59½, a 10% federal tax penalty may apply. A withdrawal charge also may apply. Withdrawals may reduce the value of the death benefit and any optional benefits.

Guaranteed minimum withdrawal benefit (GMWB) withdrawals are not annuity payouts. Annuity payouts generally receive a more favorable tax treatment than other withdrawals.

Branson, Fowlkes & Company, Inc. is the registered owner of the service mark, "D3 THE POWER OF DIVERSIFICATION." Pacific Life uses the mark "The Power of Diversification" through an exclusive licensing agreement with Branson Fowlkes.

Insurance products are issued by Pacific Life Insurance Company in all states except New York and in New York by Pacific Life & Annuity Company. Product availability and features may vary by state. Each company is solely responsible for the financial obligations accruing under the products it issues. Insurance product and rider guarantees are backed by the financial strength and claims-paying ability of the issuing company and do not protect the value of the variable investment options.

Variable insurance products, as well as shares of the Pacific Select Fund, are distributed by Pacific Select Distributors, Inc. (member FINRA & SIPC), a subsidiary of Pacific Life Insurance Company (Newport Beach, CA), and are available through licensed third-party broker/dealers.

About Edward Jones
Edward Jones provides financial services for individual investors in the United States and, through its affiliate, in Canada. Every aspect of the firm's business, from the types of investment options offered to the location of branch offices, is designed to cater to individual investors in the communities in which they live and work. The firm's 12,000-plus financial advisors work directly with nearly 7 million clients to understand their personal goals?from college savings to retirement?and create long-term investment solutions that emphasize a well-balanced portfolio and a buy-and-hold strategy. Edward Jones embraces the importance of building long-term, face-to-face relationships with clients, helping them to understand and make sense of the investment solutions available today.

Edward Jones, which ranked No. 11 on FORTUNE magazine's "100 Best Companies to Work For 2011," is headquartered in St. Louis. The Edward Jones website is located at, and its recruiting website is Member SIPC.