I like Pac Life as a company, but their Asset Allocation Models that you have to use in their VA have had really crappy performance.

I was referring more to life insurance.  But good info.  Thanks.

[quote=Mike Damone]I like Pac Life as a company, but their Asset Allocation Models that you have to use in their VA have had really crappy performance.[/quote]

They have a lot of options for their investments inside their VAs beyond their own Portfolio Optimization.  This might not have been the case 3+yrs ago but it is the case now.

As of July 31:

Portfolio Optimization Model E (100% equities) AFTER M&E and Fund expenses
YTD:  16.4%
3yr:  -7.09%
5yr:  .74%

S&P 500 with NO expenses
YTD:  12.88%
3yr:  -6.13%
5yr:  .09%

Consider as well that included in those returns are 1.15% M&E and a fund expense of .88%.

I’d say Pac’s multi-family asset allocation approach has been extremely solid.

The cost of their income rider is pretty high (1.25%) and it is only a 5% roll up.

5% simple not compounded. But I like them. They did not reach for 7%- everyone that did is now backing off looking foolish. They have good service, and most importantly: PAST PERF IS NO BLAH BLAH BLAH. I don't sell on performance since there is NO WAY to know who will win next year etc. etc etc

Riders going up quite a bit. Total expense well exceed 3% - closer to 4% effective october 1