A voltage regulator which includes a network for improved compensation for reference voltage changes includes an IC including an error amplifier and a pulse width modulator (PWM), wherein an input of the PWM is coupled to an output of the error amplifier. A low pass filter comprising an inductor is in series with a grounded capacitor coupled to an output of the PWM, wherein an output of the regulator (Vout) is at a node between the inductor and the capacitor. A first feedback network is disposed between Vout and an inverting input of the error amplifier and a second feedback network is disposed between an output of the error amplifier and the inverting input of the error amplifier. A current cancellation network is coupled to the inverting input of the error amplifier. The current cancellation network injects a canceling current into the inverting input that is substantially equal in magnitude and opposite in polarity to current flowing through the second feedback network triggered by a change in reference voltage when applied to the error amplifier.