As filed with the Securities and Exchange Commission on July 28, 1997
File Nos.
33-11780
811-5023
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. 14 (X)
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940
Amendment No. 17 (X)
TEMPLETON FUNDS RETIREMENT ANNUITY SEPARATE ACCOUNT
(Exact Name of Registrant as Specified in Charter)
700 CENTRAL AVENUE, ST. PETERSBURG, FLORIDA 33701-3628
(Address of Depositor's Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (800)774-5001
ROBERT W. SMITH, 700 CENTRAL AVENUE, ST. PETERSBURG, FLORIDA 33701-3628
(Name and Address of Agent for Service of Process)
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)
[ ] on May 1, 1997 pursuant to paragraph (b)
[ ] 60 days after filing pursuant to paragraph (a)(1)
[ ] on May 1, 1997 pursuant to paragraph (a)(1)
[ ] 75 days after filing pursuant to paragraph (a)(2)
[ ] on (date) pursuant to paragraph (a)(2)of Rule 485
Declaration Pursuant to Rule 24f-2. The issuer has registered an
indefinite number or amount of securities under the Securities Act of 1933
pursuant to Rule 24(f)(2) under the Investment Company Act of 1940. The
Rule 24f-2 Notice for the issuer's most recent fiscal year was filed on
February 28, 1997.
Incorporation of Previous Registration Statements By Reference
Except for the Items below, this registration statement (Post-Effective
Amendment No. 14 under the Securities Act of 1933 and Amendment No. 17 under the
Investment Company Act of 1940) does not amend, supersede or delete any portion
of the Registrant's most recent previous registration statement (Post-Effective
Amendment No. 13 under the Securities Act of 1933 and Amendment No. 16 under the
Investment Company Act of 1940). See Letter to Registrants from Susan Nash,
Assistant Director, Office of Insurance Products, November 7, 1997, Section
III.A.2.
The Registrant and its Depositor, Templeton Funds Annuity Company, have not
included any financial statements because they are relying on the Great-West
Life and Annuity Insurance Company no-action letter (pub. avail. October 23,
1990), and are delivering financial statements to contract owners as required by
that letter.
Item 24 (b) Exhibits*
10(i) Power of Attorney
10(ii) Power of Attorney
*All other relevant exhibits have been previously filed and are incorporated
herein by reference.
Item 32. Undertakings
Templeton Funds Annuity Company hereby represents that the fees and charges
deducted under the Templeton Funds Retirement Annuity contract, in the
aggregate, are reasonable in relation to the services rendered, the expenses
expected to be incurred and the risks assumed by Templeton Funds Annuity
Company.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and
the Investment Company Act of 1940, the Registrant has duly caused this
Post-Effective Amendment No. 14 to the Registration Statement to be signed on
its behalf by the undersigned, thereunto duly authorized, in the city of San
Mateo in the state of California on the 25th day of July, 1997.
TEMPLETON IMMEDIATE VARIABLE ANNUITY SEPARATE ACCOUNT
(Registrant)
TEMPLETON FUNDS ANNUITY COMPANY
(Depositor)
By: /s/ Richard P. Austin*
Richard P. Austin
President
Pursuant to the requirements of the Securities Act of 1933,
this Post-Effective Amendment No. 14 to the Registration Statement has been
signed below on July 25, 1997 by the following persons in the capacities
indicated:
Signature Title
Louie N. Adcock, Jr.* Director
Thomas C. Banzhof* Chairman
Gordon W. Campbell* Vice Chairman and Director
Richard P. Austin* President and Director
David J. Tobin* Senior Vice President and
Chief Operating Officer
/s/ Karen L. Skidmore Vice President
and Secretary
Martin L. Flanagan* Director, Treasurer
*By:/s/ Karen L. Skidmore
Karen L. Skidmore
as attorney-in-fact
*By Powers of Attorney previously filed or filed herewith.
CONSENT OF INDEPENDENT ACCOUNTANTS
We consent to the inclusion in Post-Effective Amendment No. 6 to the
Registration Statement of the Templeton Immediate Variable Annuity Separate
Account on Form N-4 (Registration Nos. 33-37846 and 811-6230) of our reports
dated February 7, 1997 on our audits of the financial statements of the
Templeton Immediate Variable Annuity Separate Account, which report is included
in the Annual Report to Contract Owners of the Templeton Variable Annuity Fund
for the year ended December 31, 1996, and the Templeton Funds Annuity Company
for the years ended December 31, 1996 and 1995, which are included in the
Post-Effective Amendment to the Registration Statement.
/S/COOPERS & LYBRAND L.L.P.
June 19, 1997
Jacksonville, Florida
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each of the undersigned, being duly
elected to the positions stated below with Templeton Funds Annuity Company, Inc.
(the "Company"), constitutes and appoints Barbara J. Green, Karen L. Skidmore,
Karen Anderberg and Jeffrey Puretz, and each of them, his true and lawful
attorney-in-fact and agents with full power of substitution and resubstitution
for him in his name, place and stead, in any and all capacities, to sign the
Company's registration statement and any and all amendements thereto, and to
file the same, with all exhibits thereto, and other documents in connection
therewith, with the Securities and Exchange Commission, granting unto said
attorneys-in-fact and act and thing requisite and necessary to be done, as fully
to all intents and purposes as he might or could do in person, hereby ratifying
and conforming all that said attorneys-in-fact and agents, or any of them, or
his substitute or substitutes, may lawfully do or cause to be done by virtue
hereof.
Dated: July 25, 1997
/s/ Richard P. Austin
President and Director
/s/ David J. Tobin
Senior Vice President and Chief Operating Officer
