485BPOS 1 a57262be485bpos.htm 485BPOS e485bpos


As filed with the Securities and Exchange Commission on September 17, 2010.
Registrations Nos.

333-93059
811-08946

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-4

     
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
  x
 
   
Pre-Effective Amendment No. ___
  o
   
Post-Effective Amendment No. 41
  x
   
and/or
   
 
   
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940
  x
 
   
Amendment No. 280
  x

(Check appropriate box or boxes)

SEPARATE ACCOUNT A
(Exact Name of Registrant)

PACIFIC LIFE INSURANCE COMPANY
(Name of Depositor)

700 Newport Center Drive
Newport Beach, California 92660
(Address of Depositor’s Principal Executive Offices) (Zip Code)

(949) 219-3943
(Depositor’s Telephone Number, including Area Code)

Brandon J. Cage

Assistant Vice President
Pacific Life Insurance Company
700 Newport Center Drive
Newport Beach, California 92660
(Name and address of agent for service)

Approximate Date of Proposed Public Offering:

It is proposed that this filing will become effective (check appropriate box)

     
o   immediately upon filing pursuant to paragraph (b) of Rule 485
þ   on September 20, 2010 pursuant to paragraph (b) of Rule 485
     
o   60 days after filing pursuant to paragraph (a) (1) of Rule 485
     
o   on _____________ pursuant to paragraph (a)(1) of Rule 485

If appropriate, check the following box:

     
o   this post-effective amendment designates a new effective date for a previously filed post-effective amendment.

Title of Securities Being Registered: Interests in the Separate Account Under Pacific Innovations and Pacific Innovations Select individual flexible premium deferred variable annuity contracts.

Filing Fee: None



 


 

PROSPECTUS
(Included in Registrant’s Form N-4/B, File No. 333-93059, Accession No. 0000950123-10-035839 filed on April 19, 2010 and incorporated by reference herein.)


 

STATEMENT OF ADDITIONAL INFORMATION
(Included in Registrant’s Form N-4/B, File No. 333-93059, Accession No. 0000950123-10-035839 filed on April 19, 2010 and incorporated by reference herein.)


 

 
Supplement dated September 20, 2010 to the Prospectus dated May 1, 2010 for the
Pacific Value, Pacific One, Pacific One Select, Pacific Portfolios, Pacific Portfolios for Chase, Pacific Innovations, Pacific Innovations Select, and the Pacific Odyssey variable annuity contracts issued by Pacific Life Insurance Company
 
Capitalized terms used in this supplement are defined in the Prospectus referred to above unless otherwise defined herein. “We,” “us,” or “our” refer to Pacific Life Insurance Company; “you” or “your” refer to the Contract Owner.
 
This supplement must be preceded or accompanied by the Prospectus dated May 1, 2010, as supplemented.
 
Effective November 1, 2010, all references in the Prospectus to the current or annual charge percentage for the following optional living benefit riders will change to the following:
 
         
Flexible Lifetime Income (Single)
    0.90%  
Flexible Lifetime Income (Joint)
    1.10%  
Automatic Income Builder
    1.05%  
Lifetime Income Access Plus
    0.90%  
Income Access Plus
    0.60%  
Guaranteed Protection Advantage 5 (GPA 5)
    0.75%  
 
Reorganization of the Equity and Multi-Strategy Portfolios
 
The reorganization will take effect on or about October 29, 2010 (the “reorganization date”). The following transactions (the “reorganization”), are scheduled to occur:
 
  •  Equity Portfolio shares will be transferred to the Main Street® Core Portfolio, and
 
  •  Multi-Strategy Portfolio shares will be transferred approximately 55% to the Main Street® Core Portfolio and approximately 45% to the Managed Bond Portfolio.
 
At the same time that the reorganization occurs, Subaccount Units of the Equity and Multi-Strategy variable accounts will automatically be transferred as outlined above. After the reorganization, the Equity and Multi-Strategy Portfolios and variable accounts will cease to exist.
 
On the reorganization date, unless you instruct us otherwise, any outstanding instruction you have on file with us that designates: (1) the Equity Investment Option will be deemed an instruction for the Main Street Core Investment Option; and/or (2) the Multi-Strategy Investment Option will be deemed an instruction for the Main Street Core (55%) and Managed Bond (45%) Investment Options. This includes, but is not limited to, instructions for Purchase Payment allocations, partial withdrawals and transfer instructions (including instructions under any systematic transfer option). Work with your financial professional to determine if your existing instructions regarding the affected Investment Options should be changed before or after the reorganization date.
 
You will have 30 calendar days before and 30 calendar days after the reorganization date (the “free transfer period”) to transfer out of the affected portfolios. On any Business Day during the free transfer period, you may make one transfer out of the Equity and/or Multi-Strategy Investment Options before the reorganization date or, if your Subaccount Units were automatically transferred due to the reorganization, one transfer out of the Main Street Core and/or Managed Bond Investment Option(s) without the transfer counting towards the transfer limitations described in your prospectus (including any systematic transfers). However, any Investment Option into which you make your transfer will be subject to the transfer limitations described in your prospectus.
 
Portfolio Manager Change
 
On or about January 1, 2011, the portfolio manager for the Pacific Select Fund International Value portfolio will change from AllianceBernstein L.P. to J.P. Morgan Investment Management Inc.


 

PART II

Part C: OTHER INFORMATION

     Item 24. Financial Statements and Exhibits

  (a)   Financial Statements
 
      Part A: None
 
      Part B:

  (1)   Registrant’s Financial Statements

Audited Financial Statements dated as of December 31, 2009 and for each of the periods presented which are incorporated by reference from the 2009 Annual Report include the following for Separate Account A:

Statements of Assets and Liabilities
Statements of Operations
Statements of Changes in Net Assets
Notes to Financial Statements
Report of Independent Registered Public Accounting Firm

  (2)   Depositor’s Financial Statements

Audited Consolidated Financial Statements dated as of December 31, 2009 and 2008, and for each of the three years in the period ended December 31, 2009, included in Part B include the following for Pacific Life:

Independent Auditors’ Report
Consolidated Statements of Financial Condition
Consolidated Statements of Operations
Consolidated Statements of Stockholder’s Equity
Consolidated Statements of Cash Flows
Notes to Consolidated Financial Statements

  (b)   Exhibits

                 
    1.     (a)   Resolution of the Board of Directors of the Depositor authorizing establishment of Separate Account A and Memorandum establishing Separate Account A.1
 
               
          (b)   Memorandum Establishing Two New Variable Accounts—Aggressive Equity and Emerging Markets Portfolios.1
 
               
          (c)   Resolution of the Board of Directors of Pacific Life Insurance Company authorizing conformity to the terms of the current Bylaws.1

II-1

 


 

  2.   Not applicable
                 
    3.     (a)   Distribution Agreement between Pacific Mutual Life and Pacific Select Distributors, Inc (PSD)1
 
               
          (b)   Form of Selling Agreement between Pacific Life, PSD and Various Broker-Dealers20
                         
    4.     (a)     (1 )   Pacific Innovations—Individual Flexible Premium Deferred Variable Annuity Contract (Form No. 10-12600)1
 
                       
                (2 )   Pacific Innovations Select—Individual Flexible Premium Deferred Variable Annuity Contract (Form No. 10-10300)11

  (b)  Qualified Pension Plan Rider (Form No. R90-PEN-V)1
 
  (c) (1) 403(b) Tax-Sheltered Annuity Rider10
 
    (2) 403(b) Tax-Sheltered Annuity Rider (Form No. 20-1156)27
 
  (d)  Section 457 Plan Rider (Form No. 24-123799)1
 
  (e)  Individual Retirement Annuity Rider (Form No. 20-18900)11
 
  (f)  Roth Individual Retirement Annuity Rider (Form No. 20-19000)11
 
  (g)  SIMPLE Individual Retirement Annuity Rider (Form No. 20-19100)11
 
  (h)  Qualified Retirement Plan Rider10

                 
  (i)     (1 )   Pacific Innovations—Stepped-Up Death Benefit Rider (Form No. 20-12601)1
 
               
        (2 )   Pacific Innovations Select—Stepped-Up Death Benefit Rider (Form No. 20-13500)5
 
               
  (j)     (1 )   Premier Death Benefit Rider (Form No. 20-12602)1
 
               
        (2 )   Premier Death Benefit Rider (Form No. 20-18000)11

  (k)   Guaranteed Earnings Enhancement (EEG) Rider (Form No. 20-14900)6
 
  (l)   Guaranteed Income Advantage (GIA) Rider (Form No. 20-15100)8
 
  (m)   Guaranteed Protection Advantage (GPA) Rider (Form No. 20-16200)9
 
  (n)   Guaranteed Protection Advantage 5 Rider (Form No. 20-19500)14

                 
  (o)     (1 )   Income Access Rider (Form No. 20-19800)12
 
               
        (2 )   Income Access Rider (Form No. 20-1104)15
 
               
        (3 )   Income Access Endorsement (Form No. 15-1122)18
        (4 )   Excess Withdrawal Endorsement (Form No. 15-1152C)25

  (p)   Pacific Innovations Select—DCA Plus Fixed Option Rider (Form No. 20-1103)14
 
  (q)   Guaranteed Income Advantage II Rider (Form No. 20-1109)15
 
  (r)   Guaranteed Income Advantage 5 Rider (Form No. 20-1102)15
 
  (s)   Guaranteed Income Annuity Rider (Form No. 20-1118)16
 
  (t)   (1)   Guaranteed Withdrawal Benefit Rider (Form No. 20-1119); also Known as Income Access Plus Rider16
 
      (2)   Guaranteed Withdrawal Benefit Endorsement (Form No. 15-1123)18
      (3)   Excess Withdrawal Endorsement (Form No. 15-1152E)26
 
  (u)   (1)   Enhanced Guaranteed Withdrawal Benefit Rider (Form No. 20-1120)19
      (2)   Excess Withdrawal Endorsement (Form No. 15-1152A)26
 
  (v)   (1)   5% Guaranteed Withdrawal Benefit Rider (Form No. 20-1131)21
      (2)   Excess Withdrawal Endorsement (Form No. 15-1152)25
 
  (w)   (1)   Joint Life 5% Guaranteed Withdrawal Benefit Rider (Form No. 20-1135)22
      (2)   Excess Withdrawal Endorsement (Form No. 15-1152B)25
 
  (x)   Guaranteed Protection Advantage 3 Rider (Form No. 20-1145)23
 
  (y)   (1)   Guaranteed Withdrawal Benefit II Rider (Form No. 20-1146)23
      (2)   Excess Withdrawal Endorsement (Form No. 15-1152)25
 
  (z)   Guaranteed Withdrawal Benefit III Rider (Form No. 20-1153)25
 
  (aa)   Guaranteed Withdrawal Benefit Rider (Form No. 20-1154)25
 
  (bb)   Joint Life Guaranteed Withdrawal Benefit Rider (Form No. 20-1155)25
 
  (cc)   Core Withdrawal Benefit Rider (Form No. 20-1162)28
 
  (dd)   Guaranteed Withdrawal Benefit IV Rider (Form No. 20-1176)29
 
  (ee)   Core Withdrawal Benefit II Rider (Form No. 20-1178)30

                         
    5.     (a)     (1 )   Pacific Innovations—Variable Annuity Application (Form No. 25-12610)4
 
                       
                (2 )   Pacific Innovations Select—Variable Annuity Application (Form No. 25-10350)20

  (b)   Variable Annuity PAC APP1
 
  (c)   Application/Confirmation Form2
 
  (d)   Guaranteed Income Advantage (GIA) Rider Request (Form No. 1209-1A)9
 
  (e)   Guaranteed Earnings Enhancement (EEG) Rider Request Application6
 
  (f)   Guaranteed Protection Advantage (GPA) Rider Request (Form No. 55-16600)9
 
  (g)   Guaranteed Protection Advantage 5 Rider Request Form (Form No. 2311-BA)12
 
  (h)   Income Access Rider Request Form (Form No. 2315-3A)12
 
  (i)   Portfolio Optimization Rider Request Form (Form No. 2311-5A)16
 
  (j)   Portfolio Optimization Enrollment/Rider Request Form (Form No. 2150-5B)17
 
  (k)   Portfolio Optimization Enrollment/Rider Request Form (Form No. 2150-6B)20

                 
    6.     (a)   Pacific Life’s Articles of Incorporation1
 
               
          (b)   By-laws of Pacific Life1
 
               
          (c)   Pacific Life’s Restated Articles of Incorporation20
 
               
          (d)   By-laws of Pacific Life As Amended September 1, 200520

  7.   Form of Reinsurance Agreement24

                 
    8.     (a)   Pacific Select Fund Participation Agreement7
 
               
          (b)   Addendum to the Pacific Select Fund Participation Agreement (to add the Strategic Value and Focused 30 Portfolios)7
 
               
          (c)   Addendum to the Pacific Select Fund Participation Agreement (to add nine new Portfolios)7
 
               
          (d)   Addendum to the Pacific Select Fund Participation Agreement (to add the Equity Income and Research Portfolios)10
 
               
          (e)   Fund Participation Agreement Between Pacific Life Insurance Company, Pacific Select Distributors Inc., American Funds Insurance Services, American Funds Distributors, and Capital Research and Management Company.17
 
               
          (f)   Form of Exhibit B to the Pacific Select Fund Participation Agreement (to add International Small-Cap and Diversified Bond)20
 
          (g)   Form of AllianceBernstein Variable Products Series Fund, Inc. Participation Agreement25
 
          (h)   Form of BlackRock Variable Series Fund, Inc. Participation Agreement25
 
              (1)    Amendment to Participation Agreement30
 
          (i)   Form of Franklin Templeton Variable Insurance Products Trust Participation Agreement25
 
              (1)     First Amendment to Participation Agreement30
 
          (j)   Form of AllianceBernstein Investments, Inc. Administrative Services Agreement25
 
          (k)   Form of BlackRock Distributors, Inc. Administrative Services Agreement25
 
              (1)    Amendment to Administrative Services Agreement30
 
          (l)   Form of Franklin Templeton Services, LLC Administrative Services Agreement25
 
              (1)     First Amendment to Administrative Services Agreement30
 
          (m)   Form of AIM Variable Insurance Funds Participation Agreement27
 
          (n)   Form of Invesco Aim Distributors, Inc. Distribution Services Agreement27
 
          (o)   Form of Invesco Aim Advisors, Inc. Administrative Services Agreement27
 
          (p)   Form of GE Investments Funds, Inc. Participation Agreement27
 
              (1)    Amendment to Participation Agreement30
 
          (q)   Form of GE Investment Distributors, Inc. Distribution and Services Agreement (Amendment and Restated)30
 
          (r)   Form of Van Kampen Life Investment Trust Participation Agreement27
 
          (s)   Form of Van Kampen Funds, Inc. Shareholder Service Agreement27
 
          (t)   Form of Van Kampen Asset Management Administrative Services Letter Agreement27
 
          (u)   Form of GE Investments Funds, Inc. Investor Services Agreement30
 
              (1)    First Amendment to Investor Services Agreement30
 
          (v)   Form of PIMCO Variable Insurance Trust Participation Agreement30
 
          (w)   Form of Allianz Global Investors Distributors LLC Selling Agreement30
 
          (x)   Form of PIMCO LLC Services Agreement30
 

  9   Opinion and Consent of legal officer of Pacific Life as to the legality of Contracts being registered.1

II-2

 


 

  10.   Consent of Independent Registered Public Accounting Firm and Consent of Independent Auditors30
 
  11.   Not applicable
 
  12.   Not applicable
 
  13.   Powers of Attorney
 
1   Included in Registrant’s Form N-4, File No. 333-93059, Accession No. 0000912057-99-009849 filed on December 17, 1999 and incorporated by reference herein.
 
2   Included in Registrant’s Form N-4, File No. 333-93059, Accession No. 0000912057-00-015739 filed on March 31, 2000 and incorporated by reference herein.
 
3   Included in Registrant’s Form N-4/A, File No. 333-93059, Accession No. 0000912057-00-018010 filed on April 14, 2000 and incorporated by reference herein.
 
4   Included in Registrant’s Form N-4/B, File No. 333-93059, Accession No. 0000912057-00-052614 filed on December 7, 2000 and incorporated by reference herein.
 
5   Included in Registrant’s Form N-4/A, File No. 333-93059, Accession No. 0000912057-00-055027 filed on December 28, 2000 and incorporated by reference herein.
 
6   Included in Registrant’s Form N-4/A, File No. 333-93059 Accession No. 0000912057-01-007165 filed on March 2, 2001 and incorporated by reference herein.
 
7   Included in Registrant’s Form N-4/A, File No. 333-93059, Accession No. 0000912057-01-510459 filed on April 25, 2001 and incorporated by reference herein.
 
8   Included in Registrant’s Form N-4/A, File No. 333-93059, Accession No. 0001017062-01-500247 filed on May 10, 2001 and incorporated by reference herein.
 
9   Included in Registrant’s Form N-4/A, File No. 333-93059, Accession No. 0000898430-01-503115 filed on October 25, 2001 and incorporated by reference herein.
 
10   Included in Registrant’s Form N-4/B, File No. 333-93059, Accession No. 0001017062-02-000788 filed on April 30, 2002 and incorporated by reference herein.
 
11   Included in Registrant’s Form N-4/B, File No. 333-93059, Accession No. 0001017062-02-002149 filed on December 19, 2002 and incorporated by reference herein.
 
12   Included in Registrant’s Form N-4/B, File No. 333-93059, Accession No. 0001017062-03-000460 filed on March 18, 2003 and incorporated by reference herein.
 
13   Included in Registrant’s Form N-4/B, File No. 333-93059, Accession No. 0001017062-03-000934 filed on April 25, 2003 and incorporated by reference herein.
 
14   Included in Registrant’s Form N-4/A, File No. 333-93059, Accession No. 0001193125-03-099264 filed on December 24, 2003 and incorporated by reference herein.
 
15   Included in Registrant’s Form N-4/B, File No. 333-93059, Accession No. 0001193125-04-031276 filed on February 27, 2004 and incorporated by reference herein.
 
16   Included in Registrant’s Form N4/A, File No. 333-93059, Accession No. 0000892569-04-000882 filed on October 15, 2004 and incorporated by reference herein.
 
17   Included in Registrant’s Form N-4/B, File No. 333-93059, Accession No. 0000892569-05-000253 filed on April 19, 2005 and incorporated by reference herein.
 
18   Included in Registrant’s Form N-4/B, File No. 333-93059, Accession No. 0000892569-05-000439 filed on June 15, 2005 and incorporated by reference herein.
 
19   Included in Registrant’s Form N-4/A, File No. 333-93059, Accession No. 0000892569-05-000569 filed on August 2, 2005 and incorporated by reference herein.
 
20   Included in Registrant’s Form N-4/B, File No. 333-93059, Accession No. 0000892569-06-000525 filed on April 17, 2006 and incorporated by reference herein.
 
21   Included in Registrant’s Form N-4/B, File No. 333-93059, Accession No. 0000892569-06-001250 filed on October 19, 2006 and incorporated by reference herein.
 
22   Included in Registrant’s Form N-4/B, File No. 333-93059, Accession No. 0000892569-07-000441 filed on April 16, 2007 and incorporated by reference herein.
 
23   Included in Registrant’s Form N-4/A, File No. 333-141135, Accession No. 0000892569-07-001521 filed on December 12, 2007 and incorporated by reference herein.
 
24   Included in Registrant’s Form N-4/B, File No. 333-93059, Accession No. 0000892569-08-000617 filed on April 21, 2008 and incorporated by reference herein.
 
25   Included in Registrant’s Form N-4/A, File No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008 and incorporated by reference herein.
 
26   Included in Registrant’s Form N-4/B, File No. 333-93059, Accession No. 0000892569-08-001264 filed on September 11, 2008 and incorporated by reference herein.
 
27   Included in Registrant’s Form N-4/B, File No. 333-93059, Accession No. 0000892569-08-001554 filed on December 4, 2008 and incorporated by reference herein.
 
28   Included in Registrant’s Form N-4/A, File No. 333-136597, Accession No. 0000892569-09-000061 filed on February 9, 2009 and incorporated by reference herein.
 
29   Included in Registrant’s Form N-4/A, File No. 333-136597, Accession No. 0000950123-09-050719 filed on October 16, 2009 and incorporated by reference herein.
 
30   Included in Registrant’s Form N-4/B, File No. 333-93059, Accession No. 0000950123-10-035839 filed on April 19, 2010 and incorporated by reference herein.

Item 25. Directors and Officers of Pacific Life

     
    Positions and Offices
Name and Address   with Pacific Life
James T. Morris
  Director, Chairman, President and Chief Executive Officer
 
Khanh T. Tran
  Director, Executive Vice President and Chief Financial Officer
 
Sharon A. Cheever
  Director, Senior Vice President and General Counsel
 
Audrey L. Milfs
  Director, Vice President and Secretary
 
   
Edward R. Byrd
  Senior Vice President and Chief Accounting Officer
 
Brian D. Klemens
  Vice President and Controller
 
   
Dewey P. Bushaw
  Executive Vice President
 
Denis P. Kalscheur
  Senior Vice President and Treasurer

The address for each of the persons listed above is as follows:

700 Newport Center Drive
Newport Beach, California 92660

II-3


 

Item 26. Persons Controlled by or Under Common Control with Pacific Life or Separate Account A.
     The following is an explanation of the organization chart of Pacific Life’s subsidiaries:
Pacific Life is a Nebraska Stock Life Insurance Company wholly-owned by Pacific LifeCorp (a Delaware Stock Holding Company), which is, in turn, 100% owned by Pacific Mutual Holding Company (a Nebraska Mutual Insurance Holding Company).

PACIFIC LIFE, SUBSIDIARIES & AFFILIATED ENTERPRISES
LEGAL STRUCTURE
                 
    Jurisdiction of     Percentage of  
    Incorporation or     Ownership by its  
    Organization     Immediate Parent  
Pacific Mutual Holding Company
  Nebraska        
Pacific LifeCorp
  Delaware     100  
Pacific Life Insurance Company
  Nebraska     100  
Pacific Life & Annuity Company
  Arizona     100  
Pacific Select Distributors, Inc.
  California     100  
Pacific Select, LLC
  Delaware     100  
Pacific Asset Holding LLC
  Delaware     100  
Pacific TriGuard Partners LLC #
  Delaware     100  
Grayhawk Golf Holdings, LLC
  Delaware     95  
Grayhawk Golf L.L.C.
  Arizona     100  
Las Vegas Golf I, LLC
  Delaware     100  
Angel Park Golf, LLC
  Nevada     100  
CW Atlanta, LLC
  Delaware     100  
City Walk Towers, LLC
  Delaware     100  
Kierland One, LLC
  Delaware     100  
Kinzie Member, LLC
  Delaware     100  
Parcel B Owner LLC
  Delaware     88  
Kinzie Parcel A Member, LLC
  Delaware     100  
Parcel A Owner LLC
  Delaware     90  
PL/KBS Fund Member, LLC
  Delaware     100  
KBS/PL Properties, L.P. #
  Delaware     99.9  
Wildflower Member, LLC
  Delaware     100  
Epoch-Wildflower, LLC
  Florida     99  
Santa Rosa, LLC
  Delaware     100  
Confederation Life Insurance and Annuity Company
  Georgia     100  
Pacific Life Fund Advisors LLC +
  Delaware     100  
Pacific Alliance Reinsurance Company of Vermont
  Vermont     100  
Pacific Mezzanine Associates L.L.C.
  Delaware     67  
Pacific Mezzanine Investors L.L.C. #
  Delaware     100  
Aviation Capital Group Corp.
  Delaware     100  
ACG Acquisition Corporation V
  Delaware     100  
ACG Acquisition 41 LLC
  Delaware     100  
ACG Acquisition 42 LLC
  Delaware     100  
ACG Acquisition 4063 LLC
  Delaware     100  
ACG Acquisition 4084 LLC
  Delaware     100  
ACG International Ltd.
  Bermuda     100  
ACG Acquisition Ireland III Limited
  Ireland     100  
ACG Acquisition Ireland IV Ltd.
  Ireland     100  
ACG Acquisition Ireland V Ltd.
  Ireland     100  
ACG Investment Capital Partners LLC
  Delaware     50  
Aviation Capital Group Singapore Pte. Ltd.
  Singapore     100  
ACG Capital Partners Singapore Pte. Ltd.
  Singapore     50  
ACG Acquisition VI LLC
  Nevada     50  
ACG Acquisition XIX LLC
  Delaware     20  
ACG XIX Holding LLC
  Delaware     100  
Aviation Capital Group Trust
  Delaware     100  
ACG Acquisition XV LLC
  Delaware     100  
ACG Acquisition XX LLC
  Delaware     100  
ACG Acquisition (Bermuda) Ltd.
  Bermuda     100  
ACG Acquisition Ireland Limited
  Ireland     100  
ACG Acquisition Labuan Ltd.
  Labuan     100  
ACG Acquisitions Sweden AB
  Sweden     100  
ACG Acquisition XXI LLC
  Delaware     100  
ACG Trust 2004 -1 Holding LLC
  Delaware     100  
ACG Funding Trust 2004-1
  Delaware     100  
ACG 2004-1 Bermuda Limited
  Bermuda     100  
ACG Acquisition 30746 LLC
  Delaware     100  
ACG Acquisition Ireland 2004-1 Limited
  Ireland     100  
ACG Trust II Holding LLC
  Delaware     100  
Aviation Capital Group Trust II
  Delaware     100  
ACG Acquisition XXV LLC
  Delaware     100  
ACG Acquisition 37 LLC
  Delaware     100  
ACG Acquisition 38 LLC
  Delaware     100  
ACG Acquisition Ireland II Limited
  Ireland     100  
ACG Acquisition (Bermuda) II Ltd.
  Bermuda     100  
ACG Acquisition XXIX LLC
  Delaware     100  
ACG Acquisition XXX LLC
  Delaware     100  
ACG Acquisition 31 LLC
  Delaware     100  
ACG Acquisition 32 LLC
  Delaware     100  
ACG Acquisition 33 LLC
  Delaware     100  
ACG Acquisition 34 LLC
  Delaware     100  
ACG Acquisition 36 LLC
  Delaware     100  
ACG Acquisition 39 LLC
  Delaware     100  
ACGFS LLC
  Delaware     100  
ACG Acquisition 35 LLC
  Delaware     100  
Boullioun Aviation Services Inc.
  Washington     100  
Boullioun Aviation Services (International) Inc.
  Washington     100  
Boullioun Aircraft Holding Company, Inc.
  Washington     100  
Boullioun Portfolio Finance III LLC
  Nevada     100  
ACG Funding 2005-1 Holding LLC
  Delaware     100  
ACG Funding Trust 2005-1
  Delaware     100  
ACG III Holding LLC
  Delaware     100  
ACG Trust III
  Delaware     100  
RAIN I LLC
  Delaware     100  
RAIN II LLC
  Delaware     100  
RAIN III LLC
  Delaware     100  
RAIN IV LLC
  Delaware     100  
RAIN V LLC
  Delaware     100  
RAIN VI LLC
  Delaware     100  
RAIN VII LLC
  Delaware     100  
RAIN VIII LLC
  Delaware     100  
ACG Acquisition 169 LLC
  Delaware     100  
ACG Acquisition 30271 LLC
  Delaware     100  
ACG Acquisition 30286 LLC
  Delaware     100  
ACG Acquisition 30744 LLC
  Delaware     100  
ACG Acquisition 30745 LLC
  Delaware     100  
ACG Acquisition 30289 LLC
  Delaware     100  
ACG Acquisition 30293 LLC
  Delaware     100  
ACG Acquisition 1176 LLC
  Delaware     100  
0168 Statutory Trust
  Connecticut     100  
0179 Statutory Trust
  Connecticut     100  
Bellevue Aircraft Leasing Limited
  Ireland     100  
Rainier Aircraft Leasing (Ireland) Limited
  Ireland     100  
ACG Acquisition (Cyprus) Ltd.
  Cyprus     100  
ACG Acquisition (Bermuda) III Ltd.
  Bermuda     100  
ACG 2006-ECA LLC
  Delaware     100  
ACG Acquisition 2692 LLC
  Delaware     100  
ACG ECA-2006 Ireland Limited
  Ireland     100  
ACG Acquisition 2987 LLC
  Delaware     100  
ACG Acquisition 3141 LLC
  Delaware     100  
ACG Acquisition Aruba NV
  Aruba     100  
ACG Trust 2006-1 Holding LLC
  Delaware     100  
ACG Funding Trust 2006-1
  Delaware     100  
ACG Capital Partners LLC
  Delaware     50  
Bellevue Coastal Leasing LLC
  Washington     100  
ACG Capital Partners Ireland Limited
  Ireland     100  
ACG Acquisition 30288 LLC
  Delaware     100  
ACGCP Acquisition 979 LLC
  Delaware     100  
ACG Trust 2009-1 Holding LLC
  Delaware     100  
ACG Funding Trust 2009-1
  Delaware     100  
College Savings Bank
  New Jersey     100  
Pacific Asset Funding, LLC
  Delaware     100  
PL Trading Company, LLC
  Delaware     100  
Pacific Life Trade Services, Limited
  Hong Kong     100  
Pacific Life & Annuity Services, Inc.
  Colorado     100  
Bella Sera Holdings, LLC
  Delaware     100  
Pacific Life Re Holdings LLC
  Delaware     100  
Pacific Life Re Holdings Limited
  U.K.     100  
Pacific Life Re Services Limited
  U.K.     100  
Pacific Life Re Limited
  U.K.     100  
Pacific Alliance Reinsurance Ltd.
  Bermuda     100  
 
#   Abbreviated structure
 
+   A Division of Pacific Life Fund Advisors LLC does business as Pacific Asset Management


 

Item 27. Number of Contractholders

                 
  (1) Pacific Innovations – Approximately       1,006   Qualified
          926   Non Qualified
 
               
  (2) Pacific Innovations Select – Approximately       94,717   Qualified
          56,636   Non Qualified
 
               

Item 28. Indemnification

  (a)   The Distribution Agreement between Pacific Life and Pacific Select Distributors, Inc. (PSD) provides substantially as follows:

      Pacific Life hereby agrees to indemnify and hold harmless PSD and its officers and directors, and employees for any expenses (including legal expenses), losses, claims, damages, or liabilities incurred by reason of any untrue statement or representation of a material fact or any omission or alleged omission to state a material fact required to be stated to make other statements not misleading, if made in reliance on any prospectus, registration statement, post-effective amendment thereof, or sales materials supplied or approved by Pacific Life or the Separate Account. Pacific Life shall reimburse each such person for any legal or other expenses reasonably incurred in connection with investigating or defending any such loss, liability, damage, or claim. However, in no case shall Pacific Life be required to indemnify for any expenses, losses, claims, damages, or liabilities which have resulted from the willful misfeasance, bad faith, negligence, misconduct, or wrongful act of PSD.
 
      PSD hereby agrees to indemnify and hold harmless Pacific Life, its officers, directors, and employees, and the Separate Account for any expenses, losses, claims, damages, or liabilities arising out of or based upon any of the following in connection with the offer or sale of the contracts: (1) except for such statements made in reliance on any prospectus, registration statement or sales material supplied or approved by Pacific Life or the Separate Account, any untrue or alleged untrue statement or representation is made; (2) any failure to deliver a currently effective prospectus; (3) the use of any unauthorized sales literature by any officer, employee or agent of PSD or Broker; (4) any willful misfeasance, bad faith, negligence, misconduct or wrongful act. PSD shall reimburse each such person for any legal or other expenses reasonably incurred in connection with investigating or defending any such loss, liability, damage, or claim.

  (b)   The Form of Selling Agreement between Pacific Life, Pacific Select Distributors, Inc. (PSD) and Various Broker-Dealers and Agency (Selling Entities) provides substantially as follows:

      Pacific Life and PSD agree to indemnify and hold harmless Selling Entities, their officers, directors, agents and employees, against any and all losses, claims, damages, or liabilities to which they may become subject under the Securities Act, the Exchange Act, the Investment Company Act of 1940, or other federal or state statutory law or regulation, at common law or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of a material fact or any omission or alleged omission to state a material fact required to be stated or necessary to make the statements made not misleading in the registration statement for the Contracts or for the shares of Pacific Select Fund (the “Fund”) filed pursuant to the Securities Act, or any prospectus included as a part thereof, as from time to time amended and supplemented, or in any advertisement or sales literature provided by Pacific Life and PSD.

II-5


 

      Selling Entities agree to, jointly and severally, hold harmless and indemnify Pacific Life and PSD and any of their respective affiliates, employees, officers, agents and directors (collectively, “Indemnified Persons”) against any and all claims, liabilities and expenses (including, without limitation, losses occasioned by any rescission of any Contract pursuant to a “free look” provision or by any return of initial purchase payment in connection with an incomplete application), including, without limitation, reasonable attorneys’ fees and expenses and any loss attributable to the investment experience under a Contract, that any Indemnified Person may incur from liabilities resulting or arising out of or based upon (a) any untrue or alleged untrue statement other than statements contained in the registration statement or prospectus relating to any Contract, (b) (i) any inaccurate or misleading, or allegedly inaccurate or misleading sales material used in connection with any marketing or solicitation relating to any Contract, other than sales material provided preprinted by Pacific Life or PSD, and (ii) any use of any sales material that either has not been specifically approved in writing by Pacific Life or PSD or that, although previously approved in writing by Pacific Life or PSD, has been disapproved, in writing by either of them, for further use, or (c) any act or omission of a Subagent, director, officer or employee of Selling Entities, including, without limitation, any failure of Selling Entities or any Subagent to be registered as required as a broker/dealer under the 1934 Act, or licensed in accordance with the rules of any applicable SRO or insurance regulator.
 

II-6


 

Item 29. Principal Underwriters

  (a)   PSD also acts as principal underwriter for Pacific Select Variable Annuity Separate Account, Separate Account B, Pacific Corinthian Variable Separate Account, Pacific Select Separate Account, Pacific Select Exec Separate Account, COLI Separate Account, COLI II Separate Account, COLI III Separate Account, COLI IV Separate Account, COLI V Separate Account, Separate Account A of Pacific Life & Annuity Company, Pacific Select Exec Separate Account of Pacific Life & Annuity Company, Separate Account I of Pacific Life Insurance Company, Separate Account I of Pacific Life & Annuity Company.
 
  (b)   For information regarding PSD, reference is made to Form B-D, SEC File No. 8-15264, which is herein incorporated by reference.
 
  (c)   PSD retains no compensation or net discounts or commissions from the Registrant.

Item 30. Location of Accounts and Records

      The accounts, books and other documents required to be maintained by Registrant pursuant to Section 31(a) of the Investment Company Act of 1940 and the rules under that section will be maintained by Pacific Life at 700 Newport Center Drive, Newport Beach, California 92660.

Item 31. Management Services

      Not applicable

Item 32. Undertakings

      The registrant hereby undertakes:

  (a)   to file a post-effective amendment to this registration statement as frequently as is necessary to ensure that the audited financial statements in this registration statement are never more than 16 months old for so long as payments under the variable annuity contracts may be accepted, unless otherwise permitted.
 
  (b)   to include either (1) as a part of any application to purchase a contract offered by the prospectus, a space that an applicant can check to request a Statement of Additional Information, or (2) a post card or similar written communication affixed to or included in the prospectus that the applicant can remove to send for a Statement of Additional Information, or (3) to deliver a Statement of Additional Information with the Prospectus.
 
  (c)   to deliver any Statement of Additional Information and any financial statements required to be made available under this Form promptly upon written or oral request.

II-7


 

Additional Representations

     (a) The Registrant and its Depositor are relying upon American Council of Life Insurance, SEC No-Action Letter, SEC Ref. No. 1P-6-88 (November 28, 1988) with respect to annuity contracts offered as funding vehicles for retirement plans meeting the requirements of Section 403(b) of the Internal Revenue Code, and the provisions of paragraphs (1)-(4) of this letter have been complied with.

     (b) The Registrant and its Depositor are relying upon Rule 6c-7 of the Investment Company Act of 1940 with respect to annuity contracts offered as funding vehicles to participants in the Texas Optional Retirement Program, and the provisions of Paragraphs (a)-(d) of the Rule have been complied with.

     (c) REPRESENTATION PURSUANT TO SECTION 26(f) OF THE INVESTMENT COMPANY ACT OF 1940: Pacific Life Insurance Company and Registrant represent that the fees and charges to be deducted under the Variable Annuity Contract (“Contract”) described in the prospectus contained in this registration statement are, in the aggregate, reasonable in relation to the services rendered, the expenses expected to be incurred, and the risks assumed in connection with the Contract.

II-8


 

SIGNATURES

     Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets the requirements of Securities Act Rule 485(b) for effectiveness of this Registration Statement and has caused this Post-Effective Amendment No. 41 to the Registration Statement on Form N-4 to be signed on its behalf by the undersigned thereunto duly authorized in the City of Newport Beach, and the State of California on this 17th day of September, 2010.

         
    SEPARATE ACCOUNT A
    (Registrant)
 
       
 
       
  By:   PACIFIC LIFE INSURANCE COMPANY
 
       
  By:    
     
 
      James T. Morris*
      Director, Chairman, President and Chief Executive Officer
 
       
 
       
  By:   PACIFIC LIFE INSURANCE
      COMPANY
      (Depositor)
 
       
  By:    
     
 
      James T. Morris*
      Director, Chairman, President and Chief Executive Officer

     Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment No. 41 to the Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:

         
Signature
  Title
  Date
 

James T. Morris*
  Director, Chairman, President
and Chief Executive Officer
  September 17, 2010    
 

Khanh T. Tran*
  Director, Executive Vice President
and Chief Financial Officer
  September 17, 2010    
 

Sharon A. Cheever*
  Director, Senior Vice President
and General Counsel
  September 17, 2010    
 

Audrey L. Milfs*
  Director, Vice President and
Secretary
  September 17, 2010    
 

Edward R. Byrd*
  Senior Vice President and
Chief Accounting Officer
  September 17, 2010    
 

Brian D. Klemens*
  Vice President and Controller   September 17, 2010    
 

Dewey P. Bushaw*
  Executive Vice President   September 17, 2010    
 

Denis P. Kalscheur*
  Senior Vice President and Treasurer   September 17, 2010    
*By: /s/ SHARON A. CHEEVER

Sharon A. Cheever
as attorney-in-fact
      September 17, 2010    

(Powers of Attorney are contained in this Registration Statement as Exhibit 13).