Pacific Life Launches Industry-First Advisory Fixed Annuity with No Withdrawal Charges

Pacific Harbor Offers Liquidity, Tax Advantages, and Guaranteed Rates for 3- or 5-Year Term


NEWPORT BEACH, Calif. (Dec. 1, 2021)—Taking another step to becoming the annuity company of choice for registered investment advisors (RIAs) and their fee-only advisors, Pacific Life today announced the launch of Pacific Harbor, a new multi-year guaranteed fixed annuity with no withdrawal charges.

“Pacific Harbor is the first fixed annuity developed specifically for the RIA market, with no commission or withdrawal charges,” said Ryan Stowe, assistant vice president, Product Strategy and Innovation at Pacific Life. “It may be a good choice for clients who are close to retirement, have reached their 401(k) or IRA contribution limits, and want the certainty of a guaranteed rate of return. We’ve designed Pacific Harbor to offer a more competitive interest crediting rate for the RIA market than what may be available in other perceived safe money alternatives such as bonds and CDs.”

Highlights of Pacific Harbor fixed annuity include:

  • A fixed rate with a three- or five-year guarantee term
  • No withdrawal charges1
  • No exposure to market volatility
  • Tax-deferred earnings
  • Elimination of annual contract, mortality and expense, and administrative fees

Pacific Harbor not only provides steady growth of assets, but includes the option to create a consistent flow of retirement income or leave a financial legacy.

Pacific Life’s dedicated RIA team, Pacific Life Advisory, is focused on creating competitive, fee-based annuities and helping financial professionals incorporate them into their practices. Simplified technology integrations are a priority, and the company continues to team up with new custodians and insurance-licensing firms to make it as easy as possible to include annuities in clients’ portfolios.

Pacific Harbor is now available through Pacific Life’s Advisory Solutions Desk. For more information or to request a case design, contact an advisory consultant at

1May be subject to a positive or negative market value adjustment (MVA).

About Pacific Life
For more than 150 years, Pacific Life has helped millions of individuals and families with their financial needs through 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. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative products and services that provide value and financial security for current and future generations. Pacific Life counts more than half of the 100 largest U.S. companies as its clients and was named one of the 2021 World’s Most Ethical Companies® by the Ethisphere Institute. For additional company information, including current financial-strength ratings, visit

Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2021 is compiled by Pacific Life using the 2021 FORTUNE 500® list.

2021 World’s Most Ethical Companies® is based on the Ethisphere Institute’s Ethics Quotient®. “World’s Most Ethical Companies” and “Ethisphere” names and marks are registered trademarks of Ethisphere LLC.

Pacific Life, its distributors, and respective representatives do not provide tax, accounting, or legal advice. Any taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor or attorney. 

Pacific Life is a product provider. It is not a fiduciary and therefore does not give advice or make recommendations regarding insurance or investment products.

Guarantees are subject to the claims-paying ability and financial strength of the issuing insurance company.

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 insurance company is solely responsible for the financial obligations accruing under the products it issues. Annuity products are not FDIC insured, may lose value, and are not guaranteed by any bank. Fixed annuity products issued by Pacific Life (Newport Beach, CA) are available through licensed, independent third parties.

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