<PAGE>
As filed with the Securities and Exchange Commission on December 7, 2000.
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 [_]
Pre-Effective Amendment No. [_]
Post-Effective Amendment No. 3 [X]
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 [_]
Amendment No. 33 [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) 219-3743
(Depositor's Telephone Number, including Area Code)
Diane N. Ledger
Vice President
Pacific Life Insurance Company
700 Newport Center Drive
Newport Beach, California 92660
(Name and address of agent for service)
Copies of all communications to:
Diane N. Ledger Jane A. Kanter, Esq.
Pacific Life Insurance Company Dechert Price & Rhoads
P.O. Box 9000 1775 Eye Street, N.W.
Newport Beach, CA 92658-9030 Washington, D.C. 20006-2401
Approximate Date of Proposed Public Offering
It is proposed that this filing will become effective (check appropriate box)
[X] immediately upon filing pursuant to paragraph (b) of Rule 485
[ ] on _____________ 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 Innovations individual flexible premium deferred variable annuity
contracts.
Filing Fee: None
<PAGE>
PROSPECTUS
(Included in Registrant's Form 497, File No. 333-93059, Accession No.
0000912057-00-022008, filed on May 5, 2000, and incorporated by reference
herein.)
<PAGE>
STATEMENT OF ADDITIONAL INFORMATION
(Included in Registrant's Form 497, File No. 333-93059, Accession No.
0000912057-00-043402 filed on October 2, 2000 and incorporated by reference
herein.)
<PAGE>
SUPPLEMENT DATED _________, TO PROSPECTUS DATED MAY 1, 2000
FOR PACIFIC INNOVATIONS, A VARIABLE ANNUITY CONTRACT
ISSUED BY PACIFIC LIFE INSURANCE COMPANY
This supplement changes the Prospectus to reflect the following, and restates
information contained in a supplement dated October 2, 2000:
ELEVEN NEW VARIABLE INVESTMENT OPTIONS ARE AVAILABLE
--------------------------------------------------------------------------------
The following new Variable Investment Options are added to the list on page 1 of
the Prospectus.
- Blue Chip - Strategic Value
- Aggressive Growth - Focused 30
- Financial Services - Capital Opportunities
- Health Sciences - Mid-Cap Growth
- Technology - Global Growth
- Telecommunications
THE NEW ELEVEN VARIABLE ACCOUNTS ARE ADDED AS VARIABLE INVESTMENT OPTIONS
--------------------------------------------------------------------------------
The new eleven Variable Accounts invest in their corresponding Portfolios of the
Fund. References to the 22 Variable Investment Options throughout the Prospectus
are changed to refer to 31 Variable Investment Options or Subaccounts.
THE INTERNATIONAL VALUE PORTFOLIO HAS A NEW PORTFOLIO MANAGER
--------------------------------------------------------------------------------
Lazard Asset Management is the portfolio manager of the International Value
Portfolio.
A PORTFOLIO MANAGER HAS CHANGED ITS NAME
--------------------------------------------------------------------------------
Mercury Asset Management US has changed its name to Mercury Advisors.
1
<PAGE>
AN OVERVIEW OF PACIFIC INNOVATIONS-FEES AND EXPENSES PAID BY THE PACIFIC SELECT
FUND: OTHER EXPENSES is replaced
--------------------------------------------------------------------------------
The following replaces the OTHER EXPENSES section on page 7 of the Prospectus:
OTHER EXPENSES
The table also shows the advisory fee and Fund expenses as an annual percentage
of each Portfolio's average daily net assets for the year 2000, adjusted to
reflect reduced custody fees. To help limit Fund expenses, effective July 1,
2000 we contractually agreed to waive all or part of our investment advisory
fees or otherwise reimburse each Portfolio for operating expenses (including
organizational expenses, but not including advisory fees, additional costs
associated with foreign investing and extraordinary expenses) that exceed an
annual rate of 0.10% of its average daily net assets. Such waiver or
reimbursement is subject to repayment to us to the extent such expenses fall
below the 0.10% expense cap. For each Portfolio, our right to repayment is
limited to amounts waived and/or reimbursed that exceed the new 0.10% expense
cap and, except for Portfolios that started on or after October 2, 2000, that do
not exceed the previously established 0.25% expense cap. Any amounts repaid to
us will have the effect of increasing expenses of the Portfolio, but not above
the 0.10% expense cap. There is no guarantee that we will continue to cap
expenses after December 31, 2001. In 2000, Pacific Life reimbursed approximately
$19,662 to the I-Net Tollkeeper Portfolio, $12,631 to the Strategic Value
Portfolio, $4,849 to the Focused 30 Portfolio and $15,042 to the Small-Cap Index
Portfolio.
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------
ADVISORY OTHER 12B-1 TOTAL LESS ADVISER'S TOTAL NET
PORTFOLIO FEE EXPENSES FEES+ EXPENSES+ REIMBURSEMENT EXPENSES
----------------------------------------------------------------------------------------------
AS AN ANNUAL % OF AVERAGE DAILY NET ASSETS
<S> <C> <C> <C> <C> <C> <C>
Blue Chip(1) 0.95 0.06 -- 1.01 -- 1.01
Aggressive Growth(1) 1.00 0.06 -- 1.06 -- 1.06
Aggressive Equity 0.80 0.04 -- 0.84 -- 0.84
Emerging Markets(2) 1.10 0.20 -- 1.30 -- 1.30
Diversified Research 0.90 0.09 -- 0.99 -- 0.99
Small-Cap Equity(2) 0.65 0.05 -- 0.70 -- 0.70
International Large-Cap(2) 1.05 0.14 -- 1.19 -- 1.19
Equity 0.65 0.04 -- 0.69 -- 0.69
I-Net Tollkeeper(2) 1.50 0.13 -- 1.63 (0.02) 1.61
Financial Services(1) 1.10 0.15 -- 1.25 (0.05) 1.20
Health Sciences(1) 1.10 0.11 -- 1.21 (0.01) 1.20
Technology(1) 1.10 0.08 -- 1.18 -- 1.18
Telecommunications(1) 1.10 0.08 -- 1.18 -- 1.18
Multi-Strategy 0.65 0.04 -- 0.69 -- 0.69
Equity Income 0.65 0.04 -- 0.69 -- 0.69
Strategic Value 0.95 0.54 -- 1.49 (0.44) 1.05
Growth LT 0.75 0.04 -- 0.79 -- 0.79
Focused 30(1) 0.95 0.44 -- 1.39 (0.34) 1.05
Mid-Cap Value 0.85 0.04 -- 0.89 -- 0.89
International Value 0.85 0.11 -- 0.96 -- 0.96
Capital Opportunities(1) 0.80 0.06 -- 0.86 -- 0.86
Mid-Cap Growth(1) 0.90 0.06 -- 0.96 -- 0.96
Global Growth(1) 1.10 0.19 -- 1.29 -- 1.29
Equity Index(2) 0.25 0.04 -- 0.29 -- 0.29
Small-Cap Index(2) 0.50 0.13 -- 0.63 (0.02) 0.61
REIT 1.10 0.05 -- 1.15 -- 1.15
Government Securities(2) 0.60 0.05 -- 0.65 -- 0.65
Managed Bond(2) 0.60 0.05 -- 0.65 -- 0.65
Money Market(2) 0.34 0.04 -- 0.38 -- 0.38
High Yield Bond(2) 0.60 0.04 -- 0.64 -- 0.64
Large-Cap Value 0.85 0.05 -- 0.90 -- 0.90
----------------------------------------------------------------------------------------------
</TABLE>
(1) Expenses are estimated. There were no actual advisory fees or expenses for
these Portfolios in 2000 because the Portfolios started after December 31,
2000.
(2) Total adjusted net expenses for these Portfolios, after deduction of an
offset for custodian credits were: 1.29% for Emerging Markets Portfolio,
0.69% for Small-Cap Equity Portfolio, 1.18% for International Large-Cap
Portfolio, 1.60% for I-Net Tollkeeper Portfolio, 0.28% for Equity Index
Portfolio, 0.60% for Small-Cap Index Portfolio, 0.62% for Government
Securities Portfolio, 0.64% for Managed Bond Portfolio, 0.37% for Money
Market Portfolio, and 0.63% for High Yield Bond Portfolio.
+ The Fund has adopted a brokerage enhancement 12b-1 plan, under which
brokerage transactions may be placed with broker-dealers in return for
credits, cash, or other compensation that may be used to help promote
distribution of Fund shares. There are no fees or charges to any Portfolio
under this plan, although the Fund's distributor may defray expenses of up
to approximately $850,000 for the year 2000, which it might otherwise incur
for distribution. If such defrayed amount were considered a Fund expense,
it would represent approximately .0067% or less of any Portfolio's average
daily net assets.
2
<PAGE>
AN OVERVIEW OF PACIFIC INNOVATIONS-EXAMPLES is replaced
--------------------------------------------------------------------------------
The EXAMPLES on page 8 of the Prospectus is replaced with the following:
The following table shows the expenses you would pay on each $1,000 you
invested if, at the end of each period, you: annuitized your Contract;
surrendered your Contract and withdrew the Contract Value, or did not
annuitize or surrender, but left the money in your Contract.
These examples assume the following:
- the Contract Value starts at $65,000
- the Investment Options have an annual return of 5%
- the Annual Fee is deducted even when the Contract Value goes over $50,000
and a waiver would normally apply.
WITHOUT RIDER reflects the expenses you would pay if you did not buy the
optional Stepped-Up Death Benefit Rider (SDBR) or Premier Death Benefit Rider
(PDBR).
WITH SDBR reflects the expenses you would pay if you bought the optional
Stepped-Up Death Benefit Rider.
WITH PDBR reflects expenses you would pay if you bought the optional Premier
Death Benefit Rider.
THESE EXAMPLES DO NOT SHOW PAST OR FUTURE EXPENSES. YOUR ACTUAL EXPENSES IN ANY
YEAR MAY BE MORE OR LESS THAN THOSE SHOWN HERE.
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------
EXPENSES IF YOU DID
NOT ANNUITIZE OR
EXPENSES IF YOU EXPENSES IF YOU SURRENDER, BUT LEFT
ANNUITIZED SURRENDERED THE MONEY IN YOUR
YOUR CONTRACT ($) YOUR CONTRACT ($) CONTRACT ($)
-----------------------------------------------------------------------------------------------
VARIABLE ACCOUNT 1 yr 3 yr 5 yr 10 yr 1 yr 3 yr 5 yr 10 yr 1 yr 3 yr 5 yr 10 yr
-----------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BLUE CHIP
without Rider 106 76 131 278 106 148 131 278 25 76 131 278
with SDBR 108 82 141 298 108 154 141 298 27 82 141 298
with PDBR 109 87 148 312 109 159 148 312 28 87 148 312
-----------------------------------------------------------------------------------------------
AGGRESSIVE GROWTH
without Rider 106 78 133 283 106 150 133 283 25 78 133 283
with SDBR 108 84 143 303 108 156 143 303 27 84 143 303
with PDBR 110 88 150 317 110 160 150 317 29 88 150 317
-----------------------------------------------------------------------------------------------
AGGRESSIVE EQUITY
without Rider 104 71 122 261 104 143 122 261 23 71 122 261
with SDBR 106 77 132 281 106 149 132 281 25 77 132 281
with PDBR 108 82 140 296 108 154 140 296 27 82 140 296
-----------------------------------------------------------------------------------------------
EMERGING MARKETS
without Rider 109 85 144 306 109 157 144 306 28 85 144 306
with SDBR 111 91 154 325 111 163 154 325 30 91 154 325
with PDBR 112 95 162 339 112 167 162 339 31 95 162 339
-----------------------------------------------------------------------------------------------
DIVERSIFIED RESEARCH
without Rider 106 76 130 276 106 148 130 276 25 76 130 276
with SDBR 108 82 140 296 108 154 140 296 27 82 140 296
with PDBR 109 86 147 310 109 158 147 310 28 86 147 310
-----------------------------------------------------------------------------------------------
SMALL-CAP EQUITY
without Rider 103 67 114 246 103 139 114 246 22 67 114 246
with SDBR 105 73 125 266 105 145 125 266 24 73 125 266
with PDBR 106 77 132 281 106 149 132 281 25 77 132 281
-----------------------------------------------------------------------------------------------
INTERNATIONAL LARGE-CAP
without Rider 108 82 139 295 108 154 139 295 27 82 139 295
with SDBR 110 87 149 314 110 159 149 314 29 87 149 314
with PDBR 111 92 156 329 111 164 156 329 30 92 156 329
</TABLE>
3
<PAGE>
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------
EXPENSES IF YOU DID
NOT ANNUITIZE OR
EXPENSES IF YOU EXPENSES IF YOU SURRENDER, BUT LEFT
ANNUITIZED SURRENDERED THE MONEY IN YOUR
YOUR CONTRACT ($) YOUR CONTRACT ($) CONTRACT ($)
----------------------------------------------------------------------------------------------
VARIABLE ACCOUNT 1 yr 3 yr 5 yr 10 yr 1 yr 3 yr 5 yr 10 yr 1 yr 3 yr 5 yr 10 yr
----------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
EQUITY
without Rider 103 67 114 246 103 139 114 246 22 67 114 246
with SDBR 105 73 125 266 105 145 125 266 24 73 125 266
with PDBR 106 77 132 281 106 149 132 281 25 77 132 281
----------------------------------------------------------------------------------------------
I-NET TOLLKEEPER
without Rider 112 94 160 335 112 166 160 335 31 94 160 335
with SDBR 114 100 169 354 114 172 169 354 33 100 169 354
with PDBR 115 104 176 367 115 176 176 367 34 104 176 367
----------------------------------------------------------------------------------------------
FINANCIAL SERVICES
without Rider 108 82 140 297 108 154 140 297 27 82 140 297
with SDBR 110 88 150 316 110 160 150 316 29 88 150 316
with PDBR 111 93 157 330 111 165 157 330 30 93 157 330
----------------------------------------------------------------------------------------------
HEALTH SCIENCES
without Rider 108 82 140 297 108 154 140 297 27 82 140 297
with SDBR 110 88 150 316 110 160 150 316 29 88 150 316
with PDBR 111 93 157 330 111 165 157 330 30 93 157 330
----------------------------------------------------------------------------------------------
TECHNOLOGY
without Rider 108 82 139 295 108 154 139 295 27 82 139 295
with SDBR 110 87 149 314 110 159 149 314 29 87 149 314
with PDBR 111 92 156 329 111 164 156 329 30 92 156 329
----------------------------------------------------------------------------------------------
TELECOMMUNICATIONS
without Rider 108 82 139 295 108 154 139 295 27 82 139 295
with SDBR 110 87 149 314 110 159 149 314 29 87 149 314
with PDBR 111 92 156 329 111 164 156 329 30 92 156 329
----------------------------------------------------------------------------------------------
MULTI-STRATEGY
without Rider 103 67 114 246 103 139 114 246 22 67 114 246
with SDBR 105 73 125 266 105 145 125 266 24 73 125 266
with PDBR 106 77 132 281 106 149 132 281 25 77 132 281
----------------------------------------------------------------------------------------------
EQUITY INCOME
without Rider 103 67 114 246 103 139 114 246 22 67 114 246
with SDBR 105 73 125 266 105 145 125 266 24 73 125 266
with PDBR 106 77 132 281 106 149 132 281 25 77 132 281
----------------------------------------------------------------------------------------------
STRATEGIC VALUE
without Rider 106 78 133 282 106 150 133 282 25 78 133 282
with SDBR 108 84 143 302 108 156 143 302 27 84 143 302
with PDBR 110 88 150 316 110 160 150 316 29 88 150 316
----------------------------------------------------------------------------------------------
GROWTH LT
without Rider 104 70 120 256 104 142 120 256 23 70 120 256
with SDBR 106 76 130 276 106 148 130 276 25 76 130 276
with PDBR 107 80 137 291 107 152 137 291 26 80 137 291
----------------------------------------------------------------------------------------------
FOCUSED 30
without Rider 106 78 133 282 106 150 133 282 25 78 133 282
with SDBR 108 84 143 302 108 156 143 302 27 84 143 302
with PDBR 110 88 150 316 110 160 150 316 29 88 150 316
----------------------------------------------------------------------------------------------
MID-CAP VALUE
without Rider 105 73 125 266 105 145 125 266 24 73 125 266
with SDBR 107 79 135 286 107 151 135 286 26 79 135 286
with PDBR 108 83 142 301 108 155 142 301 27 83 142 301
----------------------------------------------------------------------------------------------
INTERNATIONAL VALUE
without Rider 105 75 128 273 105 147 128 273 24 75 128 273
with SDBR 107 81 138 293 107 153 138 293 26 81 138 293
with PDBR 109 85 145 308 109 157 145 308 28 85 145 308
</TABLE>
4
<PAGE>
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------
EXPENSES IF YOU DID
NOT ANNUITIZE OR
EXPENSES IF YOU EXPENSES IF YOU SURRENDER, BUT LEFT
ANNUITIZED SURRENDERED THE MONEY IN YOUR
YOUR CONTRACT ($) YOUR CONTRACT ($) CONTRACT ($)
-------------------------------------------------------------------------------------------------
VARIABLE ACCOUNT 1 yr 3 yr 5 yr 10 yr 1 yr 3 yr 5 yr 10 yr 1 yr 3 yr 5 yr 10 yr
-------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
CAPITAL OPPORTUNITIES
without Rider 104 72 123 263 104 144 123 263 23 72 123 263
with SDBR 106 78 133 283 106 150 133 283 25 78 133 283
with PDBR 108 82 141 298 108 154 141 298 27 82 141 298
-------------------------------------------------------------------------------------------------
MID-CAP GROWTH
without Rider 105 75 128 273 105 147 128 273 24 75 128 273
with SDBR 107 81 138 293 107 153 138 293 26 81 138 293
with PDBR 109 85 145 308 109 157 145 308 28 85 145 308
-------------------------------------------------------------------------------------------------
GLOBAL GROWTH
without Rider 109 85 144 306 109 157 144 306 28 85 144 306
with SDBR 111 91 154 325 111 163 154 325 30 91 154 325
with PDBR 112 95 162 339 112 167 162 339 31 95 162 339
-------------------------------------------------------------------------------------------------
EQUITY INDEX
without Rider 99 54 93 203 99 126 93 203 18 54 93 203
with SDBR 101 60 104 224 101 132 104 224 20 60 104 224
with PDBR 102 65 111 240 102 137 111 240 21 65 111 240
-------------------------------------------------------------------------------------------------
SMALL-CAP INDEX
without Rider 102 64 110 236 102 136 110 236 21 64 110 236
with SDBR 104 70 120 257 104 142 120 257 23 70 120 257
with PDBR 105 75 128 272 105 147 128 272 24 75 128 272
-------------------------------------------------------------------------------------------------
REIT
without Rider 107 81 138 292 107 153 138 292 26 81 138 292
with SDBR 109 87 147 311 109 159 147 311 28 87 147 311
with PDBR 111 91 155 326 111 163 155 326 30 91 155 326
-------------------------------------------------------------------------------------------------
GOVERNMENT SECURITIES
without Rider 102 65 111 239 102 137 111 239 21 65 111 239
with SDBR 104 71 121 259 104 143 121 259 23 71 121 259
with PDBR 105 75 129 274 105 147 129 274 24 75 129 274
-------------------------------------------------------------------------------------------------
MANAGED BOND
without Rider 102 65 112 241 102 137 112 241 21 65 112 241
with SDBR 104 71 122 261 104 143 122 261 23 71 122 261
with PDBR 106 76 130 276 106 148 130 276 25 76 130 276
-------------------------------------------------------------------------------------------------
MONEY MARKET
without Rider 99 57 98 212 99 129 98 212 18 57 98 212
with SDBR 101 63 108 233 101 135 108 233 20 63 108 233
with PDBR 103 68 116 249 103 140 116 249 22 68 116 249
-------------------------------------------------------------------------------------------------
HIGH YIELD BOND
without Rider 102 65 111 240 102 137 111 240 21 65 111 240
with SDBR 104 71 122 260 104 143 122 260 23 71 122 260
with PDBR 106 76 129 275 106 148 129 275 25 76 129 275
-------------------------------------------------------------------------------------------------
LARGE-CAP VALUE
without Rider 105 73 125 267 105 145 125 267 24 73 125 267
with SDBR 107 79 135 287 107 151 135 287 26 79 135 287
with PDBR 108 84 143 302 108 156 143 302 27 84 143 302
-------------------------------------------------------------------------------------------------
</TABLE>
5
<PAGE>
YOUR INVESTMENT OPTIONS: YOUR VARIABLE INVESTMENT OPTIONS IS AMENDED
--------------------------------------------------------------------------------
The chart on page 10 of the Prospectus YOUR INVESTMENT OPTIONS: YOUR VARIABLE
INVESTMENT OPTIONS is amended to add the following:
<TABLE>
<CAPTION>
PRIMARY INVESTMENTS PORTFOLIO
PORTFOLIO OBJECTIVE (UNDER NORMAL CIRCUMSTANCES) MANAGER
-------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Blue Chip Long-term growth of capital. Equity securities of "blue chip" companies--typically AIM
Current income is of secondary large companies that are well established in their
importance. respective industries.
-------------------------------------------------------------------------------------------------------------------------------
Aggressive Growth Long-term growth of capital. Equity securities of small- and medium-sized growth AIM
companies.
-------------------------------------------------------------------------------------------------------------------------------
Financial Services Long-term growth of capital. Equity securities in the financial services sector. INVESCO
Such companies include banks, insurance companies,
brokerage firms and other finance-related firms.
-------------------------------------------------------------------------------------------------------------------------------
Health Sciences Long-term growth of capital. Equity securities in the health sciences sector. INVESCO
Such as companies that develop, produce or distribute
products or services related to health care.
-------------------------------------------------------------------------------------------------------------------------------
Technology Long-term growth of capital. Equity securities in the technology sector. Such INVESCO
companies include biotechnology, communications,
computers, electronics, Internet telecommunications,
networking, robotics and video.
-------------------------------------------------------------------------------------------------------------------------------
Telecommunications High total return. Equity securities in the telecommunications sector. INVESCO
Such as companies that offer telephone service,
wireless communications, satellite communications,
television and movie programming, broadcasting and
Internet access.
-------------------------------------------------------------------------------------------------------------------------------
Strategic Value Long-term growth of capital. Equity securities with potential for long-term growth Janus Capital
of capital. Corporation
-------------------------------------------------------------------------------------------------------------------------------
Focused 30 Long-term growth of capital. Equity securities selected for their growth potential. Janus
Capital Corporation
-------------------------------------------------------------------------------------------------------------------------------
Capital Opportunities Long-term growth of capital. Equity securities with the potential for long-term MFS
growth of capital.
-------------------------------------------------------------------------------------------------------------------------------
Mid-Cap Growth Long-term growth of capital. Equity securities of medium-sized companies believed MFS
to have above-average growth potential.
-------------------------------------------------------------------------------------------------------------------------------
Global Growth Capital appreciation. Equity securities of any size located within and MFS
outside of the U.S.
-------------------------------------------------------------------------------------------------------------------------------
</TABLE>
6
<PAGE>
ADDITIONAL INFORMATION:
ELECTRONIC DELIVERY AUTHORIZATION IS AMENDED
-------------------------------------------------------------------------------
The following amends ELECTRONIC DELIVERY AUTHORIZATION on page 42 of the
Prospectus:
ELECTRONIC DELIVERY AUTHORIZATION
You may authorize us to provide prospectuses, statements and other
information ("documents") electronically by so indicating on the application,
or by sending us instructions in writing in a form acceptable to us to
receive such documents electronically. You must have internet access to use
this service. While we impose no additional charge for this service, there
may be potential costs associated with electronic delivery, such as on-line
charges. Documents will be available on our Internet Web site. You may access
and print all documents provided through this service. As documents become
available, we will notify you of this by sending you an e-mail message that
will include instructions on how to retrieve the document. If our e-mail
notification is returned to us as "undeliverable," we will contact you to
obtain your updated e-mail address. If we are unable to obtain a valid e-mail
address for you, we will send a paper copy by regular U.S. mail to your
address of record. You may revoke your consent for electronic delivery at any
time and we will resume providing you with a paper copy of all required
documents; however, in order for us to be properly notified, your revocation
must be given to us a reasonable time before electronic delivery has
commenced. We will provide you with paper copies at any time upon request.
Such request will not constitute revocation of your consent to receive
required documents electronically.
<PAGE>
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, 1999 which are incorporated by
reference from the 1999 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
(2) Depositor's Financial Statements
Audited Consolidated Financial Statements dated
as of December 31, 1999 and 1998, and for the
three year period ended December 31, 1999,
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./3/
II-1
<PAGE>
2. Not applicable
3. (a) Distribution Agreement between Pacific Mutual Life
and Pacific Mutual Distributors, Inc. ("PMD")
(formerly Pacific Equities Network) /1/
(b) Form of Selling Agreement between Pacific Mutual
Life, PMD and Various Broker-Dealers /1/
4. (a) Form of Individual Flexible Premium Deferred
Variable Annuity Contract (Form 10-12600) /1/
(b) Qualified Pension Plan Rider (Form R90-PEN-V) /1/
(c) 403(b) Tax-Sheltered Annuity Rider (Form
R-403B-9553) /1/
(d) Section 457 Plan Rider (Form 24-123799) /1/
(e) Individual Retirement Annuity Rider (Form 20-13900)
(f) Roth IRA Rider (form R-RIRA 198) /1/
(g) Simple Individual Retirement Annuity Rider
(Form 20-13400)
(h) Stepped-Up Death Benefit Rider (Form 20-12601) /1/
(i) Premier Death Benefit Rider (Form 20-12602) /1/
5. (a) Variable Annuity Application (Form No. 25-12610)
(b) Variable Annuity PAC APP /1/
(c) Application/Confirmation Form /2/
6. (a) Pacific Life's Articles of Incorporation /1/
(b) By-laws of Pacific Life /1/
7. Not applicable
8. Fund Participation Agreement /2/
9. Opinion and Consent of legal officer of Pacific Life as to
the legality of Contracts being registered. /1/
II-2
<PAGE>
10. Independent Auditors' Consent /3/
11. Not applicable
12. Not applicable
13. Performance Calculations /2/
14. Not applicable
15. Powers of Attorney /2/
16. Not applicable
/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.
Item 25. Directors and Officers of Pacific Life
Positions and Offices
Name and Address with Pacific Life
Thomas C. Sutton Director, Chairman of the Board, and
Chief Executive Officer
Glenn S. Schafer Director and President
Khanh T. Tran Director, Senior Vice President and
Chief Financial Officer
David R. Carmichael Director, Senior Vice President and
General Counsel
Audrey L. Milfs Director, Vice President and Corporate
Secretary
Edward R. Byrd Vice President and Controller
Brian D. Klemens Vice President and Treasurer
Gerald W. Robinson Executive Vice President
----------
The address for each of the persons listed above is as follows:
700 Newport Center Drive
Newport Beach, California 92660
II-3
<PAGE>
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, SUBSIDIARIES & AFFILIATED ENTERPRISES
LEGAL STRUCTURE
Pacific Life is a California Stock Life Insurance Company wholly-owned by
Pacific LifeCorp (a Delaware Stock Holding Company) which is, in turn, 99% owned
by Pacific Mutual Holding Company (a California Mutual Holding Company). Pacific
Life is the parent company of Pacific Asset Management LLC (a Delaware Limited
Liability Company), Pacific Life & Annuity Company, formerly known as PM Group
Life Insurance Company (an Arizona Stock Life Insurance Company), Pacific Select
Distributors, Inc. (formerly known as Pacific Mutual Distributors, Inc.), and
World-Wide Holdings Limited (a United Kingdom Corporation). Pacific Life also
has a 40% ownership of American Maturity Life Insurance Company (a Connecticut
Stock Life Insurance Company), a 50% ownership of Pacific Mezzanine Associates,
L.L.C. (a Delaware Limited Liability Company and a 95% ownership of Grayhawk
Golf Holdings, LLC). A subsidiary of Pacific Mezzanine Associates, L.L.C. is
Pacific Mezzanine Investors, L.L.C., (a Delaware Limited Liability Company) who
is the sole general partner of the PMI Mezzanine Fund, L.P. (a Delaware Limited
Partnership). Subsidiaries of Pacific Asset Management LLC are PMRealty Advisors
Inc. and Pacific Financial Products Inc. (a Delaware Corporation). Pacific Asset
Management LLC has an approximate 30% beneficial economic interest in PIMCO
Advisors L.P. (a Delaware Limited Partnership). Subsidiaries of Pacific Select
Distributors, Inc. include: Associated Financial Group, Inc.; Mutual Service
Corporation (a Michigan Corporation), along with its subsidiaries Advisors'
Mutual Service Center, Inc. (a Michigan Corporation) and Titan Value Equities
Group, Inc.; and United Planners' Group, Inc. (an Arizona Corporation), along
with its subsidiary United Planners' Financial Services of America (an Arizona
Limited Partnership). Subsidiaries of World-Wide Holdings Limited include:
World-Wide Reassurance Company Limited (a United Kingdom Corporation) and
World-Wide Reassurance Company (BVI) Limited (a British Virgin Islands
Corporation). All corporations are 100% owned unless otherwise indicated. All
entities are California corporations unless otherwise indicated.
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Item 27. Number of Contractholders
Approximately 1,653 Qualified
1,614 Non Qualified
Item 28. Indemnification
(a) The Distribution Agreement between Pacific Life and Pacific Select
Distributors, Inc. ("PSD", formerly known as Pacific Mutual
Distributors, Inc.) 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" formerly known as Pacific Mutual
Distributors, Inc.) and Various Broker-Dealers provides substantially
as follows:
Pacific Life and PSD agree to indemnify and hold harmless Selling
Broker-Dealer and General Agent, their officers, directors, agents and
employees, against any and all losses, claims, damages or liabilities
to which they may become subject under the 1933 Act, the 1934 Act, 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
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<PAGE>
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 1933 Act, or any prospectus included as a part
thereof, as from time to time amended and supplemented, or in any
advertisement or sales literature approved in writing by Pacific Life
and PSD pursuant to Section IV.E. of this Agreement.
Selling Broker-Dealer and General Agent agree to indemnify and hold
harmless Pacific Life, the Fund and PSD, their officers, directors,
agents and employees, against any and all losses, claims, damages or
liabilities to which they may become subject under the 1933 Act, the
1934 Act 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: (a) any oral or written misrepresentation by Selling
Broker-Dealer or General Agent or their officers, directors, employees
or agents unless such misrepresentation is contained in the
registration statement for the Contracts or Fund shares, any
prospectus included as a part thereof, as from time to time amended
and supplemented, or any advertisement or sales literature approved in
writing by Pacific Life and PSD pursuant to Section IV.E. of this
Agreement, (b) the failure of Selling Broker-Dealer or General Agent
or their officers, directors, employees or agents to comply with any
applicable provisions of this Agreement or (c) claims by Sub-agents or
employees of General Agent or Selling Broker-Dealer and General Agent
will reimburse Pacific Life or PSD or any director, officer, agent or
employee of either entity for any legal or other expenses reasonably
incurred by Pacific Life, PSD, or such officer, director, agent or
employee in connection with investigating or defending any such loss,
claims, damages, liability or action. This indemnity agreement will be
in addition to any liability which Broker-Dealer may otherwise have.
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<PAGE>
Item 29. Principal Underwriters
(a) PSD also acts as principal underwriter for Pacific Select
Separate Account, Pacific Select Exec Separate Account, Pacific
Select Variable Annuity Separate Account, Pacific Corinthian
Variable Separate Account, Separate Account B and Pacific Select
Fund.
(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.
Additional Representations
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<PAGE>
(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(e) 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.
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<PAGE>
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 7th day of
December 2000.
SEPARATE ACCOUNT A
(Registrant)
By: PACIFIC LIFE INSURANCE COMPANY
By:
------------------------------------------
Thomas C. Sutton*
Chairman and Chief Executive Officer
By: PACIFIC LIFE INSURANCE COMPANY
(Depositor)
By:
------------------------------------------
Thomas C. Sutton*
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 of the Board December 7, 2000
----------------------- and Chief Executive Officer
Thomas C. Sutton*
Director and President December 7, 2000
-----------------------
Glenn S. Schafer*
Director, Senior Vice President December 7, 2000
----------------------- and Chief Financial Officer
Khanh T. Tran*
Director, Senior Vice President December 7, 2000
----------------------- and General Counsel
David R. Carmichael*
Director, Vice President December 7, 2000
----------------------- and Corporate Secretary
Audrey L. Milfs*
Vice President and Controller December 7, 2000
-----------------------
Edward R. Byrd*
Vice President and Treasurer December 7, 2000
-----------------------
Brian D. Klemens*
Executive Vice President December 7, 2000
-----------------------
Gerald W. Robinson*
*By: /s/ David R. Carmichael
------------------------------
David R. Carmichael
as attorney-in-fact
(Powers of Attorney are contained in Pre-Effective Amendment No. 1, to the
Registration Statement filed on March 31, 2000 on Form N-4/A for Separate
Account A, File No. 333-93059, Accession No. 0000912059-00-015739, as Exhibit
15.)
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