497 1 d202020d497.htm 497 497

PARTNERS VARIABLE ANNUITY SERIES®

Issued by

TRANSAMERICA LIFE INSURANCE COMPANY

SEPARATE ACCOUNT VA B

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY

SEPARATE ACCOUNT VA BNY

Supplement Dated June 10, 2016

to the

Prospectus dated May 1, 2016

Effective on or about July 1, 2016, based on changes to the underlying fund portfolios, the following changes apply to the applicable subaccounts:

 

SUBACCOUNT

NAME

   PORTFOLIO NAME    OLD SUBADVISOR    NEW SUBADVISOR
TA Asset Allocation – Conservative    Transamerica Asset Allocation – Conservative VP    Aegon USA Investment Management, LLC    J.P. Morgan Investment Management Inc.
TA Asset Allocation – Growth    Transamerica Asset Allocation – Growth VP    Aegon USA Investment Management, LLC    J.P. Morgan Investment Management Inc.
TA Asset Allocation – Moderate    Transamerica Asset Allocation – Moderate VP    Aegon USA Investment Management, LLC    J.P. Morgan Investment Management Inc.
TA Asset Allocation – Moderate Growth    Transamerica Asset Allocation – Moderate Growth VP    Aegon USA Investment Management, LLC    J.P. Morgan Investment Management Inc.

All references to the subadvisors in the prospectus are hereby amended as noted above.

 

 

This Prospectus Supplement must be accompanied or preceded

by the Prospectus for the

Partners Variable Annuity Series® dated May 1, 2016