PFL RETIREMENT BUILDER VARIABLE ANNUITY ACCOUNT
N-8A, 1996-07-02
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<PAGE>
 
                      SECURITIES AND EXCHANGE COMMISSION


                               WASHINGTON, D.C.


                                  FORM, N-8A

                         NOTIFICATION OF REGISTRATION
                    FILED PURSUANT TO SECTION 8 (A) OF THE
                        INVESTMENT COMPANY ACT OF 1940

     The undersigned investment company hereby notifies the Securities and 
Exchange Commission that it registers under and pursuant to the provisions of 
Section 8(a) of the Investment Company Act of 1940 and in connection with such 
notification of registration submits the following information:

A.   Name:     PFL Retirement Builder Variable Annuity Account

B.   Address of Principal Business Office (Number and Street, City, State, Zip 
     Code):

               4333 Edgewood Road N.E.
               Cedar Rapids, Iowa 52499-0001

C.   Telephone Number (including area code):

               (319) 297-8468

D.   Name and address of agent for service of process:

               Frank A. Camp, Esquire
               4333 Edgewood Road N.E.
               Cedar Rapids, Iowa 52499-0001

E.   Copy to:

               Frederick R. Bellamy, Esquire
               Sutherland, Asbill & Brennan
               1275 Pennsylvania Avenue N.W.
               Washington, D.C. 20004-2404

F.   Check Appropriate Box:

     Registrant is filing a Registration Statement pursuant to Section 8(b) of
     the Investment Company Act of 1940 concurrently with the filing of Form N-
     8A:

               Yes X          No ____
                  --- 


<PAGE>
 
     Pursuant to the requirements of the Investment Company Act of 1940, the 
sponsor of the Registrant has caused this notification of registration to be 
duly signed on behalf of the Registrant in the City of Cedar Rapids, and State 
of Iowa this 1st day of July, 1996.


     (SEAL)                                  PFL Retirement Builder
                                             Variable Annuity Account
                                             ------------------------
                                             (Name of Registrant)
                                             


                                             By: PFL Life Insurance Company
                                                 --------------------------
                                             (Name of Depositor)



                                             By: /s/ William L. Busler
                                                 --------------------------

                                             Title: President
                                                    -----------------------


ATTEST:

By:   /s/ Dawn L. Krousie
      ----------------------    
      (Name)
      Paralegal
      ----------------------
      (Title)


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