Consent of Independent Registered Public Accounting Firm

We consent to the references to our firm under the caption “Independent Registered Public 

Accounting Firm” in the Prospectus and Statement of Additional Information and to the use of 

our reports: (1) dated April 27, 2011 with respect to the financial statements of Principal Life 

Insurance Company Separate Account B, (2) dated March 16, 2011 with respect to the 

consolidated financial statements of Principal Life Insurance Company, and (3) dated 

March 16, 2011 with respect to the financial statement schedules of Principal Life Insurance 

Company, in Pre-Effective Amendment No. 2 to the Registration Statement (Form N-4, No. 333- 

171650) of Principal Life Insurance Company Separate Account B and the related prospectus of 

the Principal Lifetime Income Solutions. 

/s/Ernst & Young LLP 

Des Moines, Iowa 

April 27, 2011