485BPOS 1 d438262d485bpos.htm PACIFIC LIFE INSURANCE COMPANY SEPARATE ACCOUNT A DESTINATIONS O Pacific Life Insurance Company Separate Account A Destinations O

As filed with the Securities and Exchange Commission on December 14, 2012.

Registration Nos. 333-175279

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.    ¨
  Post-Effective Amendment No. 3    x

and/or

  REGISTRATION STATEMENT   
  UNDER   
  THE INVESTMENT COMPANY ACT OF 1940    x
  Amendment No. 369    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)

 

 

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

  ¨ immediately upon filing pursuant to paragraph (b) of Rule 485
  x on December 17, 2012 pursuant to paragraph (b) of Rule 485
  ¨ 60 days after filing pursuant to paragraph (a)(1) of Rule 485
  ¨ on                      pursuant to paragraph (a)(1) of Rule 485

If appropriate, check the following box:

  ¨ 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 Destinations O-Series individual flexible premium variable annuity contracts.

Filing Fee: None

 

 

 


Prospectus

(Included in Registrant’s Form N-4, File No. 333-175279, Accession No. 0000950123-12-006434 filed on April 24, 2012, supplemented July 30, 2012, Accession No. 0001193125-12-320029, and incorporated by reference herein.)


SAI

(Included in Registrant’s Form N-4, File No. 333-175279, Accession No. 0000950123-12-006434 filed on April 24, 2012, and incorporated by reference herein.)


Supplement dated December 17, 2012 to the Prospectus dated May 1, 2012

for the Destinations, Destinations B and Destinations O-Series variable annuity contracts

issued by Pacific Life Insurance Company

Capitalized terms used in this supplement are defined in the applicable Prospectus 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 applicable Prospectus dated May 1, 2012, as supplemented.

On or about January 1, 2013, the portfolio manager for the Pacific Select Fund Large-Cap Growth Investment Option will be replaced with BlackRock Investment Management, LLC.

For more information on the manager change, see the Pacific Select Fund prospectus. You can obtain a Pacific Select Fund prospectus and any supplements by contacting your financial advisor or online at www.PacificLife.com/PacificSelectFund.htm.

 

 

 

Form No.: EJSUP1212


Supplement dated December 17, 2012 to the Prospectus dated May 1, 2012 for the

Pacific Destinations O-Series variable annuity contract issued by Pacific Life Insurance Company

Capitalized terms used in this supplement are defined in the Prospectus 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, 2012, as supplemented.

The purpose of this supplement is to add additional Investment Options and amend other related disclosure.

On or about February 1, 2013, the following Investment Options will be available:

 

AMERICAN CENTURY

VARIABLE PORTFOLIOS, INC.

  INVESTMENT GOAL   MANAGER
American Century VP Mid Cap Value Class II   Seeks long-term capital growth. Income is a secondary objective.   American Century Investment Management, Inc.

 

FIDELITY VARIABLE

INSURANCE PRODUCTS FUNDS

  INVESTMENT GOAL   MANAGER

Fidelity VIP Contrafund®

Portfolio Service Class 2

  Seeks long-term capital appreciation.   Fidelity Management & Research Co., Inc.

 

FRANKLIN TEMPLETON

VARIABLE INSURANCE

PRODUCTS TRUST

  INVESTMENT GOAL   MANAGER
Franklin Rising Dividends Securities Fund Class 2   Seeks long-term capital appreciation. Preservation of capital, while not a goal, is also an important consideration.   Franklin Advisory Services, LLC

 

JANUS ASPEN SERIES   INVESTMENT GOAL   MANAGER
Janus Aspen Balanced Portfolio Service Shares   Seeks long-term capital growth, consistent with preservation of capital and balanced by current income.   Janus Capital Management LLC

 

LORD ABBETT

SERIES FUND, INC.

  INVESTMENT GOAL   MANAGER
Lord Abbett Bond Debenture Portfolio Class VC  

Seeks high current income and the

opportunity for capital appreciation to produce a high total return.

  Lord, Abbett & Co. LLC

 

MFS® VARIABLE

INSURANCE TRUST

  INVESTMENT GOAL   MANAGER
MFS® Utilities Series – Service Class   Seeks total return.   Massachusetts Financial Services Company

 

VAN ECK VIP TRUST   INVESTMENT GOAL   MANAGER
Van Eck VIP Global Hard Assets Fund Class S  

Seeks long-term capital appreciation by investing primarily in hard asset

securities. Income is a secondary consideration.

  Van Eck Associates Corporation

For more information on the new Fund portfolios, including a discussion of the investment techniques, charges and expenses, and risks associated with each portfolio’s investments, see the applicable Fund prospectus. You can obtain an applicable Fund prospectus by contacting your financial advisor or online at www.PacificLife.com.


The first paragraph of the Transfers and Market-timing Restrictions subsection of the OVERVIEW section is replaced with the following:

You can transfer among Investment Options any time, subject to certain limitations, until your Annuity Date without paying any current income tax. Transfers are limited to 25 for each calendar year. Only 2 transfers per month may involve the BlackRock Global Allocation V.I. Fund, GE Investments Total Return Fund, International Value, International Small-Cap, International Large-Cap, Emerging Markets, Emerging Markets Debt, First Trust/Dow Jones Dividend & Income Allocation Portfolio, Fidelity VIP FundsManager 60%® Portfolio, Lord Abbett International Core Equity Portfolio, Mutual Global Discovery Securities Fund, Templeton Global Bond Securities Fund or PIMCO Global Multi-Asset Investment Options. In addition, only 2 transfers into or out of each Lord Abbett Bond Debenture, MFS Utilities, or Van Eck Global Hard Assets Investment Option may occur in any calendar month. If you have used all 25 transfers in a calendar year, you may make 1 additional transfer of all or a portion of your Variable Account Value to the Cash Management Investment Option before the start of the next calendar year. You can also make systematic transfers by enrolling in our dollar cost averaging, portfolio rebalancing or earnings sweep programs. Transfers made under these systematic transfer programs or automatic quarterly rebalancing under the Custom Model program are excluded from these limitations. Some restrictions may apply to transfers to or from any fixed option.

The Investment Advisers subsection under the YOUR INVESTMENT OPTIONS section is amended to include the following:

American Century Investment Management, Inc. is the investment adviser of the American Century Variable Portfolios, Inc.

Franklin Advisory Services, LLC is the investment adviser for the Franklin Rising Dividends Securities Fund. This portfolio is part of the Franklin Templeton Variable Insurance Products Trust.

Strategic Advisers, Inc., an affiliate of Fidelity Management & Research Company, is the investment advisor for the Fidelity VIP FundsManager 60%® Portfolio. Fidelity Management & Research Company is the investment adviser for the Fidelity VIP Contrafund® Portfolio. These portfolios are part of the Fidelity Variable Insurance Products Funds.

Janus Capital Management LLC is the investment adviser of the Janus Aspen Series.

Van Eck Associates Corporation is the investment adviser of the Van Eck VIP Trust.

The first paragraph of the Transfers and Market-timing Restrictions subsection of the HOW YOUR PURCHASE PAYMENTS ARE ALLOCATED section is replaced with the following:

Transfers are allowed 30 days after the Contract Date. Currently, we are not enforcing this restriction but we reserve the right to enforce it in the future. Once your Purchase Payments are allocated to the Investment Options you selected, you may transfer your Account Value less Loan Account Value from any Investment Option to any other Investment Option, except the DCA Plus Fixed Option. Transfers are limited to 25 for each calendar year. Only 2 transfers in any calendar month may involve any of the following Investment Options: BlackRock Global Allocation V.I. Fund, GE Investments Total Return Fund, International Value, International Small-Cap, International Large-Cap, Emerging Markets, Emerging Markets Debt, First Trust/Dow Jones Dividend & Income Allocation Portfolio, Fidelity VIP FundsManager 60%® Portfolio, Lord Abbett International Core Equity Portfolio, Mutual Global Discovery Securities Fund, Templeton Global Bond Securities Fund, or PIMCO Global Multi-Asset. In addition, only 2 transfers into or out of each Lord Abbett Bond Debenture, MFS Utilities, or Van Eck Global Hard Assets Investment Option may occur in any calendar month.

The following portfolio has been added as an allowable Investment Option under the Investment Allocation Requirements subsection in the OPTIONAL LIVING BENEFIT RIDERS section:

Janus Aspen Balanced Portfolio

The second paragraph of the Service Arrangements subsection under the ADDITIONAL INFORMATION section is amended to include the following:

American Century Services, LLC pays us for each American Century Variable Portfolios, Inc. portfolio (Class II) held by our separate accounts. Janus Capital Management LLC, pays us for each Janus Aspen Series portfolio (Service Class) held by our separate accounts. Van Eck Securities Corporation, pays us for each Van Eck VIP Trust portfolio (Class S) held by our separate accounts.

The term Fund under the TERMS USED IN THIS PROSPECTUS section is amended to include the following:

American Century Variable Portfolios, Inc., Janus Aspen Series, and Van Eck VIP Trust.


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, 2011 and for each of the periods presented which are incorporated by reference from the 2011 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, 2011 and 2010, and for each of the three years in the period ended December 31, 2011, 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; included in Registrant’s Form N-4, File No. 33-88460, Accession No. 0000898430-96-001377 filed on April 19, 1996, and incorporated by reference herein.
  (b)   Resolution of the Board of Directors of Pacific Life Insurance Company authorizing conformity to the terms of the current Bylaws; included in Registrant’s Form N-4, File No. 33-88460, Accession No. 0001017062-98-000945 filed on April 29, 1998, and incorporated by reference herein.

 

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2.        Not applicable
3.    (a)   Distribution Agreement between Pacific Life Insurance Company, Pacific Life & Annuity Company and Pacific Select Distributors, Inc. (PSD); included in Registrant’s Form N-4, File No. 333-175279, Accession No. 0000950123-11-063391 filed on July 1, 2011, and incorporated by reference herein.
   (b)   Form of Selling Agreement between Pacific Life, PSD and Various Broker Dealers; included in Registrant’s Form N-4, File No. 033-88460, Accession No. 0000892569-06-000528 filed on April 18, 2006, and incorporated by reference herein.
4.    (a)       Individual Flexible Premium Deferred Variable Annuity Contract (Form No. ICC 11:10-1212); included in Registrant’s Form N-4, File No. 333-175279, Accession No. 0000950123-11-063391 filed on July 1, 2011, and incorporated by reference herein.
   (b)       (1)        403(b) Tax-Sheltered Annuity Rider (Form No. 20-1156); included in Registrant’s Form N-4, File No. 333-136597, Accession No. 0000892569-08-001559 filed on December 4, 2008, and incorporated by reference herein.
   (c)   Section 457 Plan Rider (Form No. 24-123799); included in Registrant’s Form N-4, File No. 333-136597, Accession No. 0000892569-06-000999 filed on August 14, 2006, and incorporated by reference herein.
   (d)   Individual Retirement Annuity Rider (Form No. 20-18900); included in Registrant’s Form N-4, File No. 033-88460, Accession No. 0001017062-02-002150 filed on December 19, 2002, and incorporated by reference herein.
   (e)   Roth Individual Retirement Annuity Rider (Form No. 20-19000); included in Registrant’s Form N-4, File No. 033-88460, Accession No. 0001017062-02-002150 filed on December 19, 2002, and incorporated by reference herein.
   (f)   SIMPLE Individual Retirement Annuity Rider (Form No. 20-19100); included in Registrant’s Form N-4, File No. 033- 88460, Accession No. 0001017062-02-002150 filed on December 19, 2002, and incorporated by reference herein.
   (g)   Qualified Retirement Plan Rider (Form No. 20-14200); included in Registrant’s Form N-4, File No. 333-136597, Accession No. 0000892569-06-000999 filed on August 14, 2006, and incorporated by reference herein.
   (h)   DCA Plus Fixed Option Rider (Form No. 20-1103); included in Registrant’s Form N-4, File No. 033-88460, Accession No. 0001193125-03-099259 filed on December 24, 2003, and incorporated by reference herein.
   (i)   Guaranteed Withdrawal Benefit III-B Rider (Form No. ICC 10:20-1186); included in Registrant’s Form N-4, File No. 333-168284, Accession No. 0000950123-10-067409 filed on July 23, 2010, and incorporated by reference herein.
   (j)   Stepped-Up Death Benefit Rider (Form No. 20-1172); included in Registrant’s Form N-4, File No. 333-160772, Accession No. 0000950123-09-025183 filed on July 24, 2009, and incorporated by reference herein.
   (k)   Guaranteed Withdrawal Benefit VI Rider — Single Life (Form No. ICC 11:20-1202); included in Registrant’s Form N-4, File No. 333-168284, Accession No. 0000950123-10-036766 filed on April 19, 2011, and incorporated by reference herein.
   (l)   Guaranteed Withdrawal Benefit VI Rider — Joint Life (Form No. ICC 11:20-1203); included in Registrant’s Form N-4, File No. 333-168284, Accession No. 0000950123-10-036766 filed on April 19, 2011, and incorporated by reference herein.
   (m)   DCA Plus Fixed Option Rider (Form No. ICC 11:20-1219); included in Registrant’s Form N-4, File No. 333-175279, Accession No. 0000950123-11-063391 filed on July 1, 2011, and incorporated by reference herein.
5.    (a)       Variable Annuity Application (Form No. ICC 11:25-1212); included in Registrant’s Form N-4, File No. 333-175279, Accession No. 0000950123-11-087119 filed on September 28, 2011, and incorporated by reference herein.
6.    (a)      

PacificLife’s Articles of Incorporation; included in Registrant’s Form N-4, File No. 33-88460, Accession No. 0001017062-98-000945 filed on April 29, 1998, and incorporated by reference herein.

   (b)   By-laws of Pacific Life; included in Registrant’s Form N-4, File No. 33-88460, Accession No. 0001017062-98-000945 filed on April 29, 1998, and incorporated by reference herein.
   (c)   Pacific Life’s Restated Articles of Incorporation; included in Registrant’s Form N-4, File No. 033-88460, Accession No. 0000892569-06-000528 filed on April 18, 2006, and incorporated by reference herein.
   (d)   By-laws of Pacific Life As Amended September 1, 2005; included in Registrant’s Form N-4, File No. 033-88460, Accession No. 0000892569-06-000528 filed on April 18, 2006, and incorporated by reference herein.
7.   

Not  applicable

8.

   (a)       Pacific Select Fund Participation Agreement; included in Registrant’s Form N-4, File No. 33-88460, Accession No. 0001017062-01-500083 filed on April 25, 2001, and incorporated by reference herein.
   (b)   Form of AllianceBernstein Variable Products Series Fund, Inc. Participation Agreement; included in Registrant’s Form N- 4, File No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008, and incorporated by reference herein.
   (c)   Form of BlackRock Variable Series Fund, Inc. Participation Agreement; included in Registrant’s Form N-4, File No. 333- 136597, Accession No. 0000892569-08-000961 filed on July 2, 2008, and incorporated by reference herein.
     (1)    Amendment to Participation Agreement; included in Registrant’s Form N-4, File No. 333-160772, Accession No. 0000950123-10-036181 filed on April 20, 2010, and incorporated by reference herein.
   (d)   Form of Franklin Templeton Variable Insurance Products Trust Participation Agreement; included in Registrant’s Form N-4, File No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008, and incorporated by reference herein.
     (1)    First Amendment to Participation Agreement; included in Registrant’s Form N-4, File No. 333-160772, Accession No. 0000950123-10-036181 filed on April 20, 2010, and incorporated by reference herein.
     (2)    Second Amendment to Participation Agreement; included in Registrant’s Form N-4, File No. 333-168284, Accession No. 0000950123-10-036766 filed on April 19, 2011, and incorporated by reference herein.
   (e)   Form of AllianceBernstein Investments, Inc. Administrative Services Agreement; included in Registrant’s Form N-4, File No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008, and incorporated by reference herein.
   (f)   Form of BlackRock Distributors, Inc. Administrative Services Agreement; included in Registrant’s Form N-4, File No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008, and incorporated by reference herein.
     (1)    Amendment to Administrative Services Agreement; included in Registrant’s Form N-4, File No. 333-160772, Accession No. 0000950123-10-036181 filed on April 20, 2010, and incorporated by reference herein.
   (g)   Form of Franklin Templeton Services, LLC Administrative Services Agreement; included in Registrant’s Form N-4, File No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008, and incorporated by reference herein.
     (1)    First Amendment to Administrative Services Agreement; included in Registrant’s Form N-4, File No. 333-160772, Accession No. 0000950123-10-036181 filed on April 20, 2010, and incorporated by reference herein.
     (2)    Second Amendment to Administrative Services Agreement
     (3)    Third Amendment to Administrative Services Agreement
   (h)   Form of GE Investments Funds, Inc. Participation Agreement; included in Registrant’s Form N-4, File No. 333-136597, Accession No. 0000892569-08-001559 filed on December 4, 2008, and incorporated by reference herein.
     (1)    Amendment to Participation Agreement; included in Registrant’s Form N-4, File No. 333-160772, Accession No. 0000950123-10-036181 filed on April 20, 2010, and incorporated by reference herein.
   (i)   Form of GE Investment Distributors, Inc. Distribution and Services Agreement (Amended and Restated); included in Registrant’s Form N-4, File No. 333-160772, Accession No. 0000950123-10-036181 filed on April 20, 2010, and incorporated by reference herein.
   (j)   Form of GE Investments Funds, Inc. Investor Services Agreement; included in Registrant’s Form N-4, File No. 333- 160772, Accession No. 0000950123-10-036181 filed on April 20, 2010, and incorporated by reference herein.
     (1)    First Amendment to Investor Services Agreement; included in Registrant’s Form N-4, File No. 333-160772, Accession No. 0000950123-10-036181 filed on April 20, 2010, and incorporated by reference herein.
   (k)   Form of PIMCO Variable Insurance Trust Participation Agreement; included in Registrant’s Form N-4, File No. 333- 160772, Accession No. 0000950123-10-036181 filed on April 20, 2010, and incorporated by reference herein.
     (1)    First Amendment to Participation Agreement; included in Registrant’s Form N-4, File No. 333-168284, Accession No. 0000950123-10-036766 filed on April 19, 2011, and incorporated by reference herein.
     (2)    Second Amendment to Participation Agreement; included in Registrant’s Form N-4, File No. 333-168284, Accession No. 0000950123-10-036766 filed on April 19, 2011, and incorporated by reference herein.
   (l)   Form of Allianz Global Investors Distributors LLC Selling Agreement; included in Registrant’s Form N-4, File No. 333- 160772, Accession No. 0000950123-10-036181 filed on April 20, 2010, and incorporated by reference herein.
   (m)   Form of PIMCO LLC Services Agreement; included in Registrant’s Form N-4, File No. 333-160772, Accession No. 0000950123-10-036181 filed on April 20, 2010, and incorporated by reference herein.
     (1)    Amendment to Services Agreement
   (n)   Form of MFS Variable Insurance Trust Participation Agreement; included in Registrant’s Form N-4, File No. 333-160772, Accession No. 0000950123-10-036181 filed on April 20, 2010, and incorporated by reference herein.
     (1)    First Amendment to Participation Agreement; included in Registrant’s Form N-4, File No. 333-160772, Accession No. 0000950123-10-036181 filed on April 20, 2010, and incorporated by reference herein.
     (2)    Second Amendment to Participation Agreement; included in Registrant’s Form N-4, File No. 333-168284, Accession No. 0000950123-10-036766 filed on April 19, 2011, and incorporated by reference herein.
   (o)   Form of MFS Variable Insurance Trust Administrative Services Agreement; included in Registrant’s Form N-4, File No. 333-160772, Accession No. 0000950123-10-036181 filed on April 20, 2010, and incorporated by reference herein.
   (p)   Form of Lord Abbett Series Fund, Inc. Fund Participation Agreement; included in Registrant’s Form N-4, File No. 333- 168284, Accession No. 0000950123-10-067409 filed on July 23, 2010, and incorporated by reference herein.
   (q)   Form of Lord Abbett Series Fund, Inc. Service Agreement; included in Registrant’s Form N-4, File No. 333-168284, Accession No. 0000950123-10-067409 filed on July 23, 2010, and incorporated by reference herein.
   (r)   Form of Lord Abbett Series Fund, Inc. Administrative Services Agreement; included in Registrant’s Form N-4, File No. 333-168284, Accession No. 0000950123-10-067409 filed on July 23, 2010, and incorporated by reference herein.
   (s)   Participation Agreement with Fidelity Variable Insurance Products (Variable Insurance Products Funds, Variable Insurance Products Fund II, Variable Insurance Products Fund III and Variable Insurance Products Funds V); included in Registrant’s Form N-4, File No. 333-175279, Accession No. 0000950123-12-006434 filed on April 24, 2012, and incorporated by reference herein.
     (1)    First Amendment to Participation Agreement; included in Registrant’s Form N-4, File No. 333-175279, Accession No. 0000950123-12-006434 filed on April 24, 2012, and incorporated by reference herein.
     (2)    Second Amendment to Participation Agreement; included in Registrant’s Form N-4, File No. 333-175279, Accession No. 0000950123-12-006434 filed on April 24, 2012, and incorporated by reference herein.
   (t)   Service Contract with Fidelity Distributors Corporation; included in Registrant’s Form N-4, File No. 333-175279, Accession No. 0000950123-12-006434 filed on April 24, 2012, and incorporated by reference herein.
     (1)    Amendment to Service Contract; included in Registrant’s Form N-4, File No. 333-175279, Accession No. 0000950123-12-006434 filed on April 24, 2012, and incorporated by reference herein.
   (u)   Participation Agreement with First Trust Variable Insurance Trust; included in Registrant’s Form N-4, File No. 333- 175279, Accession No. 0000950123-12-006434 filed on April 24, 2012, and incorporated by reference herein.
   (v)   Administrative Services Agreement with First Trust Variable Insurance Trust; included in Registrant’s Form N-4, File No. 333-175279, Accession No. 0000950123-12-006434 filed on April 24, 2012, and incorporated by reference herein.
   (w)   Support Agreement with First Trust Advisors L.P.; included in Registrant’s Form N-4, File No. 333-175279, Accession No. 0000950123-12-006434 filed on April 24, 2012, and incorporated by reference herein.
   (x)   Form of American Century Investment Services, Inc. Participation Agreement; Included in Registrant’s Form N-6, File No. 333-150092, Accession Number 000950123-12-006370 filed on April 23, 2012.
   (y)   Form of American Century Investment Services, Inc. Administrative Services Agreement; Included in Registrant’s Form N-6, File No. 333-150092, Accession Number 000950123-12-006370 filed on April 23, 2012.
     (1)    First Amendment to Administrative Services Agreement
   (z)   Participation Agreement with Janus Aspen Series; Included in Registrant’s Form N-6, File No. 333-118913, Accession Number 000892569-07-000444 filed on April 16, 2007.
     (1)    First Amendment to Participation Agreement
   (aa)   Distribution and Shareholder Service Agreement with Janus Capital Management LLC.; Included in Registrant’s Form N- 6, File No. 333-118913, Accession Number 000892569-07-000444 filed on April 16, 2007.
   (bb)   Administrative Services Agreement with Janus Distributors LLC; Included in Registrant’s Form N-6, File No. 333-118913, Accession Number 000892569-07-000444 filed on April 16, 2007.
   (cc)   Form of Lord Abbett Series Fund, Inc. Fund Participation Agreement; Included in Registrant’s Form N-4, File No. 333-168284, Accession No. 0000950123-10-067409 filed on July 23, 2010, and incorporated by reference herein.
   (dd)   Form of Lord Abbett Series Fund, Inc. Service Agreement; Included in Registrant’s Form N-4, File No. 333-168284, Accession No. 0000950123-10-067409 filed on July 23, 2010, and incorporated by reference herein.
   (ee)   Form of Lord Abbett Series Fund, Inc. Administrative Services Agreement; Included in Registrant’s Form N-4, File No. 333-168284, Accession No. 0000950123-10-067409 filed on July 23, 2010, and incorporated by reference herein.
   (ff)   Form of Lord Abbett Series Fund, Inc. Support Payment Agreement
     (1)    First Amendment to Support Payment Agreement
   (gg)   Participation Agreement with Van Eck Worldwide Insurance Trust; Included in Registrant’s Form N-6, File No. 033-21754, Accession No. 0000892569-05-000254 filed on April 19, 2005, and incorporated by reference herein.
     (1)    First Amendment to Participation Agreement
   (hh)   Service Agreement with Van Eck Securities Corporation; Included in Registrant’s Form N-6, File No. 333-118913, Accession No. 0000892569-05-000054 filed on February 10, 2005, and incorporated by reference herein.
     (1)    First Amendment to Service Agreement

9.

   Opinion and Consent of legal officer of Pacific Life Insurance Company as to the legality of Contracts being registered; included in Registrant’s Form N-4, File No. 333-175279, Accession No. 0000950123-11-063391 filed on July 1, 2011, and incorporated by reference herein.

 

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10.    Consent of Independent Registered Public Accounting Firm and Consent of Independent Auditors; included in Registrant’s Form N-4, File No. 333-175279, Accession No. 0000950123-12-006434 filed on April 24, 2012, and incorporated by reference herein.
11.    Not applicable
12.    Not applicable
13.    Powers of Attorney; included in Registrant’s Form N-4, File No. 333-175279, Accession No. 0000950123-12-006434 filed on April 24, 2012, and incorporated by reference herein.

Item 25. Directors and Officers of Pacific Life

 

Name and Address    Positions and Offices with Pacific Life

James T. Morris

   Director, Chairman and Chief Executive Officer

Khanh T. Tran

   Director and President

Adrian S. Griggs

   Executive Vice President and Chief Financial Officer

Sharon A. Cheever

   Director, Senior Vice President and General Counsel

Jane M. Guon

   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

 

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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
Incorporation or
Organization
   Percentage of
Ownership by its
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 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   

Sedona Golf Club, LLC

   Delaware      100   

Glenoaks Golf Club, LLC

   Delaware      100   

Polo Fields Golf Club, LLC

   Delaware      100   

PL Regatta Member, LLC

   Delaware      100   

Regatta Apartments Investors, LLC

   Delaware      90   

Pacific Asset Loan LLC

   Delaware      100   

PL Vintage Park Member, LLC

   Delaware      100   

PL Broadstone Avena Member, LLC

   Delaware      100   

Broadstone Avena Investors, LLC

   Delaware      90   

PAR Industrial LLC

   Delaware      100   

Pacific Asset Loan LLC

   Delaware      100   

PL Vintage Park Member, LLC

   Delaware      100   

PL Broadstone Avena Member, LLC

   Delaware      100   

PAR Industrial LLC

   Delaware      100   

Confederation Life Insurance and Annuity Company

   Georgia      100   

Pacific Asset Advisors LLC

   Delaware      100   

Pacific Life Fund Advisors LLC

   Delaware      100   

Pacific Alliance Reinsurance Company of Vermont

   Vermont      100   

Pacific Global Advisors LLC

   Delaware      100   

Pacific Services Canada Limited

   Canada      100   

Aviation Capital Group Corp.

   Delaware      100   

ACG Acquisition 4063 LLC

   Delaware      100   

ACG Acquisition 4084 LLC

   Delaware      100   

ACG Acquisition Ireland III Limited

   Ireland      100   

ACG Acquisition Ireland V Ltd.

   Ireland      100   

ACG Acquisition 4658 LLC

   Delaware      100   

ACG Acquisition 4913 LLC

   Delaware      100   

ACG Acquisition 4941 LLC

   Delaware      100   

ACG Acquisition 4942 LLC

   Delaware      100   

ACG Acquisition 4891 LLC

   Delaware      100   

ACG Acquisition 5047 LLC

   Delaware      100   

ACG Acquisition 5048 LLC

   Delaware      100   

ACG Acquisition 5063 LLC

   Delaware      100   

ACG Acquisition 5136 LLC

   Delaware      100   

ACG Acquisition 38105 LLC

   Delaware      100   

ACG Acquisition 38106 LLC

   Delaware      100   

ACG Acquisition 4864 LLC

   Delaware      100   

ACG Acquisition 4883 LLC

   Delaware      100   

ACG Acquisition 5096 LLC

   Delaware      100   

ACG Acquisition 5193 LLC

   Delaware      100   

ACG Acquisition 5278 LLC

   Delaware      100   

ACG Acquisition 5299 LLC

   Delaware      100   

ACG Acquisition 38884 LLC

   Delaware      100   

ACG Acquisition 38885 LLC

   Delaware      100   

ACG Acquisition 39891 LLC

   Delaware      100   

ACG Acquisition 40547 LLC

   Delaware      100   

ACG ECA Ireland Limited

   Ireland      100   

ACG Bermuda Leasing Limited

   Bermuda      100   

ACG Acquisition BR 2012-10A LLC

   Delaware      100   

ACG Acquisition BR 2012-10B LLC

   Delaware      100   

ACG Acquisition BR 2012-11 LLC

   Delaware      100   

ACG Acquisition BR 2013-02 LLC

   Delaware      100   

ACG Acquisition 2688 LLC

   Delaware      100   

ACGFS LLC

   Delaware      100   

ACG International Ltd.

   Bermuda      100   

ACG Capital Partners LLC

   Delaware      100   

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 2004-1 Ireland 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 36 LLC

   Delaware      100   

ACG Acquisition 39 LLC

   Delaware      100   

ACG Acquisition 35 LLC

   Delaware      100   

Boullioun Aviation Services Inc.

   Washington      100   

Boullioun Aircraft Holding Company, Inc.

   Washington      100   

Boullioun Portfolio Finance III LLC

   Nevada      100   

ACG ECA Bermuda Limited

   Ireland      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 30271 LLC

   Delaware      100   

ACG Acquisition 30744 LLC

   Delaware      100   

ACG Acquisition 30745 LLC

   Delaware      100   

ACG Acquisition 30293 LLC

   Delaware      100   

ACG Acquisition 1176 LLC

   Delaware      100   

ACG Acquisition 30277 LLC

   Delaware      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 Aruba NV

   Aruba      100   

Aviation Capital Group Singapore Pte. Ltd.

   Singapore      100   

ACG International Ltd.

   Bermuda      100   

ACG Capital Partners Singapore Pte. Ltd.

   Singapore      50   

ACGCPS 2011 Pte. Ltd.

   Singapore      100   

ACG Capital Partners Bermuda Limited

   Bermuda      100   

ACG Capital Partners LLC

   Delaware      100   

ACG Acquisition 30288 LLC

   Delaware      100   

ACG Capital Partners Ireland Limited

   Ireland      100   

ACGCP Acquisition 979 LLC

   Delaware      100   

Bellevue Coastal Leasing LLC

   Washington      100   

ACG Trust 2009-1 Holding LLC

   Delaware      100   

ACG Funding Trust 2009-1

   Delaware      100   

ACG Acquisition 29677 LLC

   Delaware      100   

CIAF Leasing

   Egypt      10   

CIAF Leasing 1 Limited

   Ireland      100   

Pacific Asset Funding, LLC

   Delaware      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   

UnderwriteMe Limited

   U.K.      51   

Pacific Alliance Reinsurance Ltd.

   Bermuda      100   

Pacific Life Reinsurance (Barbados) Ltd.

   Barbados      100   

Pacific Alliance Excess Reinsurance Company

   Vermont      100   

 

#     =     Abbreviated structure

 

II-4


Item 27. Number of Contractholders

 

Pacific Destinations O-Series—Approximately

   493 Qualified
   942 Non Qualified

Item 28. Indemnification

 

  (a) The Distribution Agreement between Pacific Life Insurance Company, Pacific Life & Annuity Company (collectively referred to as “Pacific Life”) and Pacific Select Distributors, Inc. (PSD) provides substantially as follows:

Pacific Life shall indemnify and hold harmless PSD and PSD’s officers, directors, agents, controlling persons, employees, subsidiaries and affiliates for all attorneys’ fees, litigation expenses, costs, losses, claims, judgments, settlements, fines, penalties, damages, and liabilities incurred as the direct or indirect result of: (i) negligent, dishonest, fraudulent, unlawful, or criminal acts, statements, or omissions by Pacific Life or its employees, agents, officers, or directors; (ii) Pacific Life’s breach of this Agreement; (iii) Pacific Life’s failure to comply with any statute, rule, or regulation; (iv) a claim or dispute between Pacific Life and a Broker/Dealer (including its Representatives) and/or a Contract owner. Pacific Life shall not be required to indemnify or hold harmless PSD for expenses, losses, claims, damages, or liabilities that result from PSD’s misfeasance, bad faith, negligence, willful misconduct or wrongful act.

PSD shall indemnify and hold harmless Pacific Life and Pacific Life’s officers, directors, agents, controlling persons, employees, subsidiaries and affiliates for all attorneys’ fees, litigation expenses, costs, losses, claims, judgments, settlements, fines, penalties, damages and liabilities incurred as the direct or indirect result of: (i) PSD’s breach of this Agreement; and/or (ii) PSD’s failure to comply with any statute, rule, or regulation. PSD shall not be required to indemnify or hold harmless Pacific Life for expenses, losses, claims, damages, or liabilities that have resulted from Pacific Life’s willful misfeasance, bad faith, negligence, willful misconduct or wrongful act.

 

  (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. 3 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 14th day of December, 2012.

 

SEPARATE ACCOUNT A

(Registrant)    

By:  

  PACIFIC LIFE INSURANCE COMPANY
 

By:  

   
 

James T. Morris*

Director, Chairman and Chief Executive Officer

By:  

  PACIFIC LIFE INSURANCE COMPANY
  (Depositor)

By:  

   
 

James T. Morris*

Director, Chairman and Chief Executive Officer

Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment No. 3 to the Registration Statement has been signed by the following persons in the capacities and on the dates indicated:

 

Signature

  

Title

 

Date

     Director, Chairman and Chief Executive Officer   December 14, 2012

James T. Morris*

    
     Director and President   December 14, 2012

Khanh T. Tran*

    
     Executive Vice President and Chief Financial Officer   December 14, 2012

Adrian S. Griggs*

    
     Director, Senior Vice President and General Counsel   December 14, 2012

Sharon A. Cheever*

    
     Director, Vice President and Secretary   December 14, 2012

Jane M. Guon*

    
     Senior Vice President and Chief Accounting Officer   December 14, 2012

Edward R. Byrd*

    
     Vice President and Controller   December 14, 2012

Brian D. Klemens*

    
     Executive Vice President   December 14, 2012

Dewey P. Bushaw*

    
     Senior Vice President and Treasurer   December 14, 2012

Denis P. Kalscheur*

    
*By:      /s/ SHARON A. CHEEVER     December 14, 2012
  

Sharon A. Cheever

as attorney-in-fact

   

(Powers of Attorney are contained in Post-Effective Amendment No. 1 of the Registration Statement filed on Form N-4 for Separate Account A, File No. 333-175279, Accession No. 0000950123-12-006434, filed on April 24, 2012, as Exhibit 13).

 

II-9