Pacific Life Helps Investors Measure Retirement Risk

Business Wire, July 23, 2007

NEWPORT BEACH, Calif. -- Pacific Life Insurance Company has launched a new online calculator as part of its Destination Independence(SM) campaign to educate investors about issues they face in retirement. Offered exclusively by Pacific Life, the Retirement RisQuotient[TM] Calculator gauges the likelihood an investor will have adequate resources to meet retirement expenses. Developed with Moshe A. Milevsky, Ph.D., Associate Professor of Finance, York University, Toronto, Canada and President of QWeMA Group, the calculator is the first of its kind to consider an investor's longevity, expectations for inflation and investment risk at the time of retirement to estimate the probability that their income plan is sustainable for the rest of their life. In a recent article, Dr. Milevsky writes, "One of the achievements I'm most proud of is a one-line formula that I developed and then published a few years ago with some colleagues of mine at York University."

According to Kathleen McWard, CFP[R], vice president, marketing, Annuities and Mutual Funds Division, "The Retirement RisQuotient[TM] is mathematically robust yet easy to use. The results can help financial professionals immediately determine if changes are necessary to help assure that their clients have enough retirement income and that it will last a lifetime." Financial professionals and their clients can use this powerful tool to create a strategy for saving and investing more or to reposition assets to achieve future goals if approaching or already in retirement.

The Retirement RisQuotient[TM] Calculator is licensed from QWeMA Group (www.qwema.net/research) and is implemented using WebCalcs[R] software from Torrid Technologies in Atlanta. For more information, visit Torrid Technologies' Web site: www.torrid-tech.com.

Founded in 1868, Pacific Life provides life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans1. Pacific Life counts more than half of the 50 largest U.S. companies as clients2 and is a member of the Insurance Marketplace Standards Association (IMSA), whose membership promotes high ethical standards for the sale of individual life insurance and annuities. For additional information about Pacific Life, including its current financial strength ratings from A.M. Best, Fitch Ratings, Standard & Poor's, and Moody's, visit the company Web site at www.PacificLife.com.

1 Product features and availability vary by state.

2 Data compiled by Pacific Life using the FORTUNE 500[R] list as of April 2007.

Variable insurance products issued by Pacific Life Insurance Company and mutual funds issued by Pacific Life Funds are available through licensed third party broker-dealers and distributed by Pacific Select Distributors, Inc. (member NASD & SIPC), a subsidiary of Pacific Life.