Phoenix Life Variable Accumulation Account (Book A)

Approximate Date of Proposed Public Offering: as soon as practicable after the effective date of the Registration Statement.

This post-effective amendment incorporates by reference the prospectus and Statement of Additional Information dated May 1, 2007, as filed in post-effective amendment number 48 to Registration Statement on Form N-4 (File No. 002-78020) filed on May 1, 2007.

This supplement amends the prospectuses dated May 1, 2007 for each of the above variable annuity and variable universal life products and should be read with those prospectuses. This supplement, any other supplement dated since May 1, 2007, and the related prospectus together constitute a new prospectus dated September 7, 2007.

Annual Fund Expenses (as a percentage of fund average net assets for the year ended 12/31/06)

You should consult with your registered representative when you initially select a program and periodically review your program with your registered representative to determine if you need to change programs or options. You may, at any time, switch your current program or option to another as well as to any modified or new programs or options the Company may make available. Although you may cancel your participation in a program, you should consult your registered representative before doing so, as canceling the program will cause GMAB or GMWB to terminate without value. You may later re-enroll in a program but re-enrollment will not reinstate GMAB or GMWB if it already terminated. If a program is eliminated while GMAB or GMWB are in effect, you will receive notice of such elimination, and you must choose, in consultation with your registered representative, among the other programs and options available at that time. Otherwise, GMAB or GMWB will terminate without value.

If you elect to participate in the Phoenix-Ibbotson Strategic Asset Allocation program on and after September 10, 2007, on an annual basis we will reallocate the contract or policy value allocated to the investment options included in the program so that, following this reallocation, the percentage in each investment option equals the percentage originally used for the program. We will make this reallocation effective on the valuation date immediately preceding each anniversary of your contract date or policy date, as applicable, for as long as the asset allocation program is in effect for your contract or policy.

Any reference in the prospectus indicating that you may participate in either the Dollar Cost Averaging Program or Asset Rebalancing Program, but not both at one time, does not apply in the following situation:

For contracts that offer Enhanced Dollar Cost Averaging: If you elect both the Enhanced Dollar Cost Averaging Program and the Asset Rebalancing Program, the total amount of your dollar cost averaging transfer must be allocated to the asset allocation program in effect for your contract.

Any reference in the prospectus indicating that you may participate in either the Dollar Cost Averaging Program or Asset Rebalancing Program, but not both at one time, will not apply in the following situation:

Additionally, if your policy was issued on and after September 10, 2007 and Enhanced Dollar Cost Averaging is a policy feature, if you elect to participate in either

then you can also elect to participate in one or both of the following programs:

You may cancel an Enhanced Dollar Cost Averaging Program at any time. If you choose to cancel an Enhanced Dollar Cost Averaging Program prior to the end of your chosen program period, the interest rate that will apply to the amounts you have allocated to your program, less any applicable contract or policy charges, will not be affected by the early termination. Instead, the interest rate that will apply is the rate that had been in effect for the program period you elected at the time you made the election. If you cancel your program before the end of the period you originally elected, you will not earn program interest following the valuation date on which your program terminates.


Phoenix Life Variable Accumulation Account		Phoenix Life Variable Universal Life Account
Freedom Edge^®		Corporate Edge
Asset Manager		Estate Edge^®
The Phoenix Edge^® – VA NY		Estate Strategies
Phoenix Income Choice^®		Executive Benefit VUL
Phoenix Investors Edge^®		Flex Edge
Phoenix Spectrum Edge^®		Flex Edge Success^®
Retirement Planners Edge		Individual Edge^®
Phoenix Dimensions^SM		Joint Edge^®
Big Edge		Phoenix Executive VUL^®
The Big Edge Plus^®		Phoenix Express VUL^SM
Group Strategic Edge^®		The Phoenix Edge^®
The Big Edge Choice^® – NY		The Phoenix Edge^® – SPVL
Phoenix Spectrum Edge^®+		Phoenix Express VUL^® with GMWB

PHL Variable Accumulation Account		Phoenix Life and Annuity Variable Universal Life Account
Freedom Edge^®		Corporate Edge
Asset Manager		Executive Benefit VUL
The Phoenix Edge^® – VA
Phoenix Income Choice^®		PHLVIC Variable Universal Life Account
Phoenix Investors Edge^®		The Phoenix Edge^® – SVUL
Phoenix Premium Edge^®		The Phoenix Edge^® – VUL
Phoenix Spectrum Edge^®		Phoenix Express VUL^SM
Retirement Planners Edge		Phoenix Express VUL^SM with GMWB
Phoenix Dimensions^SM
The Big Edge Choice^®
Phoenix Spectrum Edge^®+

This supplement amends the Statement of Additional Information dated May 1, 2007 for each of the above variable annuity and variable universal life products and should be read with those Statements of Additional Information. This supplement and the related Statement of Additional Information together constitute a new Statement of Additional Information dated September 7, 2007.

The following disclosure is added to the section of the Statement of Additional Information entitled Services.

Under an Administrative and Accounting Services Agreement between PFPC, INC. (PFPC) and the Company, PFPC provides certain services related to the Separate Account. These services include computing subaccount unit value for each subaccount of the Separate Account on each valuation date, preparing annual financial statements for the Separate Account, filing the Separate Account annual reports on Form N-SAR with the SEC, and maintaining certain books and records required by law on behalf of the Separate Account. The Company pays PFPC fees for these services. The total fee includes a flat annual charge per subaccount, an annual base fee for the company and its affiliates utilizing the services, and license and service fees for certain software used in providing the services. During the last three fiscal years, the Company and insurance company affiliates of the Company have paid PFPC the fees listed below for services provided to the Separate Account, other separate accounts of the Company, and separate accounts of insurance company affiliates of the Company.


Year ended December 31	Fee Paid
2004	$	2,059,968.19
2005	$	548,916.20
2006	$	537,086.62


Dated: September 7, 2007		Please keep this supplement for future reference.

(1) Amended and Restated Administration and Accounting Services Agreement dated March 1, 2003 by and between Phoenix Life Insurance Company and PFPC, INC. is incorporated by reference to Post-Effective Amendment No. 5 on Form N-4 (File No. 333-123035), filed via EDGAR on or about September 6, 2007.

(2) Amendment dated January 1, 2005 to Amended and Restated Administration and Accounting Services Agreement between Phoenix Life Insurance Company and PFPC, INC. is incorporated by reference to Post-Effective Amendment No. 5 on Form N-4 (File No. 333-123035), filed via EDGAR on or about September 6, 2007.

(3) Information Sharing Agreements pursuant to Rule 22c-2 are incorporated by reference to Form N-4 (File No. 033-87376), Post-Effective Amendment No. 29, filed via EDGAR on May 1, 2007.

Only companies that file consolidated financial statements with the Securities and Exchange Commission (“SEC”) are The Phoenix Companies Inc. and Phoenix Life Insurance Company. In addition, PHL Variable Insurance Company and Phoenix Life and Annuity Company file individual financial statements with the SEC. For the remainder, except the separate accounts (defined as Phoenix Life Separate Account B, Phoenix Life Separate Account C, Phoenix Life Separate Account D, Phoenix Life Variable Accumulation Account, Phoenix Life Variable Universal Life Account, PHL Variable Accumulation Account, PHLVIC Variable Universal Life Account, and Phoenix Life and Annuity Variable Universal Life Account) all other entities are included in the consolidated financial statement, for The Phoenix Companies, Inc., but none file individual financial statements with the SEC.

On July 31, 2007 there were 12,066 qualified and 7,844 nonqualified contract owners.

Section 722 of the New York Business Corporation Law, as made applicable to insurance companies by Section 108 of the New York Insurance Law, provides that a corporation may indemnify any director or officer of the corporation made, or threatened to be made, a party to an action or proceeding other than one by or in the right of the corporation to procure a judgment in its favor, whether civil or criminal, including an action by or in the right of any other corporation of any type or kind, by reason of the fact that he, his testator or intestate, served such other corporation in any capacity at the request of the indemnifying corporation.

Article VI, Section 6.1 of the Bylaws of the Depositor (as amended and restated effective December 1, 2004) provide that:

“To the full extent permitted by the laws of the State of New York, the Company shall indemnify any person made or threatened to be made a party to any action, proceeding or investigation, whether civil or criminal, by reason of the fact that such person, or such person’s testator or intestate:

Subject to applicable law, the indemnification provided in this Article VI shall not be deemed to be exclusive of any other rights to which a director, officer or employee of the Company seeking indemnification may be entitled.”

Insofar as indemnification for liability arising under the Securities Act of 1933 (the “Act”) may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

Phoenix Adviser Trust, Phoenix Asset Trust, Phoenix Equity Series Fund, Phoenix Equity Trust, Phoenix Insight Funds Trust, Phoenix Institutional Mutual Funds, Phoenix Investment Series Fund, Phoenix Investment Trust 06, Phoenix Investment Trust 97, Phoenix Multi-Portfolio Fund, Phoenix Opportunities Trust, Phoenix PHOLIOsSM, Phoenix Series Fund, Phoenix Strategic Equity Series Fund, The Phoenix Edge Series Fund, Phoenix Life Variable Accumulation Account, Phoenix Life Variable Universal Life Account, Phoenix Life and Annuity Variable Universal Life Account, PHL Variable Accumulation Account, PHLVIC Variable Universal Life Account and PHL Variable Separate Account MVA1.

The accounts, books and other documents required to be maintained by Section 31(a) of the Investment Company Act of 1940 and the Rules under it are maintained at the administrative offices of Phoenix Life Insurance Company located at One American Row, Hartford, CT 06103-2899.

Under a contract with Phoenix Life Insurance Company (“PLIC”), Ibbotson Associates provides certain asset allocation services, including a risk tolerance questionnaire to assist the policy owner, for use in conjunction with the policy. For these services, PLIC pays Ibbotson an annual flat fee. The fees paid for the last three fiscal years follow:

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant, Phoenix Life Variable Accumulation Account, certifies that it meets all of the requirements for effectiveness of this Post-Effective Amendment No. 49 pursuant to Rule 485(b) under the Securities Act of 1933. The Registrant causes this Post-Effective Amendment No. 49 to Registration Statement No. 002-78020 to be signed on its behalf by the undersigned thereunto duly authorized, all in the City of Hartford and the State of Connecticut, on this 6th day of September, 2007.

As required by the Securities Act of 1933, the following persons in the capacities stated have signed this Post-Effective Amendment No. 49 to Registration Statement No. 002-78020 on September 6, 2007.


		REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

		Pre-Effective Amendment No.		¨

		Post-Effective Amendment No. 49		x

		and/or

		REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940

		Amendment No. 111		x
		(Check appropriate box or boxes.)


Series	Investment Management Fee	Rule 12b-1 or Service Fees	Other Operating Expenses	Acquired Fund Fees and Expenses	Total Annual Fund Expenses	Contractual Reimbursements & Waivers	Total Net Annual Fund Expenses
Sentinel Variable Products Balanced Fund	0.55%	0.00%	0.26%	N/A	0.81%	N/A	N/A
Sentinel Variable Products Bond Fund	040%	0.00%	0.28%	N/A	0.68%	N/A	N/A
Sentinel Variable Products Common Stock Fund	0.38%	0.00%	0.23%	N/A	0.61%	N/A	N/A
Sentinel Variable Products Mid Cap Growth Fund	0.48%	0.00%	0.29%	N/A	0.77%	N/A	N/A
Sentinel Variable Products Small Company Fund	0.40%	0.00%	0.25%	N/A	0.65%	N/A	N/A



Fund Name	Investment Objective	Investment Advisor / Subadvisor
Sentinel Variable Products Balanced Fund	Seeks a combination of growth of capital and current income, with relatively low risk and relatively low fluctuations in value.	Sentinel Asset Management, Inc.
Sentinel Variable Products Bond Fund	Seeks high current income while seeking to control risk.	Sentinel Asset Management, Inc.
Sentinel Variable Products Common Stock Fund	Seeks a combination of growth of capital, current income, growth of income and relatively low risk as compared with the stock market as a whole.	Sentinel Asset Management, Inc.
Sentinel Variable Products Mid Cap Growth Fund	Seeks growth of capital.	Sentinel Asset Management, Inc.
Sentinel Variable Products Small Company Fund	Seeks growth of capital.	Sentinel Asset Management, Inc.


Name and Principal Business Address		Positions and Offices with Depositor
Sal H. Alfiero Protective Industries, LLC Buffalo, NY		Director

Martin N. Baily The Brookings Institution Washington, D.C.		Director

Jean S. Blackwell Cummins Inc. Columbus, IN 47202-3005		Director

Peter C. Browning*		Director

Arthur P. Byrne J.W. Childs Associates Boston, MA		Director

Sanford Cloud, Jr.*		Director

Gordon J. Davis, Esq. LeBoeuf, Lamb, Greene & MacRae, LLP New York, NY		Director

John H. Forsgren*		Director

Ann Maynard Gray*		Director

John E. Haire*		Director

Jerry J. Jasinowski *		Director

Thomas S. Johnson New York, NY		Director

Dona D. Young*		Director, Chairman of the Board, President and Chief Executive Officer

Michael E. Haylon*		Senior Executive Vice President and Chief Financial Officer

Philip K. Polkinghorn*		Senior Executive Vice President and President, Life and Annuity

Tracy L. Rich*		Executive Vice President, General Counsel and Secretary

Daniel J. Moskey*		Vice President and Treasurer

Katherine P. Cody*		Senior Vice President and Chief Accounting Officer

James D. Wehr**		Senior Executive Vice President and Chief Investment Officer


Name		Position
George R. Aylward, Jr.**		Director, Executive Vice President
John H. Beers*		Vice President and Secretary
John R. Flores*		Vice President and Anti-Money Laundering Officer
Michael E. Haylon*		Director
Stephen D. Gresham**		Director, Senior Vice President
David C. Martin*		Vice President and Chief Compliance Officer
David R. Pellerin*		Vice President and Chief Financial Officer
Philip K. Polkinghorn*		Executive Vice President
Francis G. Waltman**		Director, President


PHOENIX LIFE VARIABLE ACCUMULATION ACCOUNT
PHOENIX LIFE INSURANCE COMPANY

By:
		*Dona D. Young, Chairman of the Board, President and Chief Executive Officer

By:		/s/ Kathleen A. McGah
		*Kathleen A. McGah


Signature		Title

*Dona D. Young		Director, Chairman of the Board, President and Chief Executive Officer

*Michael E. Haylon		Senior Executive Vice President and Chief Financial Officer

*Katherine P. Cody		Senior Vice President and Chief Accounting Officer

*Sal H. Alfiero		Director

*Martin N. Baily		Director

*Jean S. Blackwell		Director

*Peter C. Browning		Director

*Arthur P. Byrne		Director


Signature		Title

*Sanford Cloud, Jr.		Director

*Gordon J. Davis		Director

*John H. Forsgren		Director

*Ann Maynard Gray		Director

*John E. Haire		Director

*Jerry J. Jasinowski		Director

*Thomas S. Johnson		Director

/s/ Kathleen A. McGah *Kathleen A. McGah


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