Separate Account B of Venerable Insurance & Annuity Co.
12/19/2025 | Press release | Distributed by Public on 12/19/2025 11:47
Updating Summary Prospectus (Form 497VPU)
Venerable Insurance and Annuity Company
and the following variable annuities supported by its Separate Account B:
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ARCHITECT®
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GOLDENSELECT FLEET PREMIUM PLUS®
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GOLDENSELECT LANDMARK®
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GOLDENSELECT ESII®
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GOLDENSELECT LEGENDS®
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GOLDENSELECT GENERATIONS®
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WELLS FARGO LANDMARK
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GOLDENSELECT OPPORTUNITIES®
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GOLDENSELECT ACCESS®
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WELLS FARGO OPPORTUNITIES
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GOLDENSELECT PREMIUM PLUS®
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GOLDENSELECT DVA PLUS®
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Prospectus and Updating Summary Prospectus Supplement Dated December 19, 2025
This supplement updates the most recent Prospectus and Updating Summary Prospectus ("USP") for your variable annuity Contract and subsequent supplements thereto. Please read it carefully and keep it with your copy of the Prospectus and USP for future reference.
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NOTICE OF AND IMPORTANT INFORMATION ABOUT UPCOMING FUND ADDITIONS
Subaccounts that invest in the following Funds are not currently available but will be added to your Contract and available for new premiums and transfers of Contract Value on a date subsequently communicated to you in a separate supplement to your Prospectus and USP. Information about each Fund is shown below. The Funds are new and consequently do not yet have actual performance information.
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Investment Objective
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Fund Name
Investment Adviser/Sub-Adviser
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Current Expenses
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Seeks to provide current income and long-term capital growth.
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Venerable Real Estate Fund
Investment Adviser: Venerable Investment Advisers, LLC
Discretionary Sub-Adviser: Russell Investment Management, LLC
Non-Discretionary Sub-Advisers: Duff & Phelps Investment Management Co. and Wellington Management Company LLP
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(Class V)
1.00%1
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Seeks to maximize long term total real return, consistent with the preservation of real capital.
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Venerable Inflation Focused Fund
Investment Adviser: Venerable Investment Advisers, LLC
Discretionary Sub-Adviser: Franklin Advisers, Inc.
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(Class V)
0.84%1
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Seeks to provide long-term capital growth.
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Venerable International Equity Fund
Investment Adviser: Venerable Investment Advisers, LLC
Discretionary Sub-Adviser: Franklin Advisers, Inc.
Non-Discretionary Sub-Advisers: ClearBridge Investments, LLC and Putnam Investment Management, LLC
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(Class V)
0.99%1
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1
Current Expenses are each Fund's total net annual operating expenses and reflect any temporary expense reimbursements or fee waiver arrangement that are in place and reported in the Fund's prospectus. Current Expenses would be higher if these temporary expense reimbursements/waivers were not reflected. Also note that the Current Expenses reflect only the fees and expenses of the Funds and not the Contract fees and expenses.
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NOTICE OF AN ADDITIONAL NON-DISCRETIONARY SUB-ADVISER FOR THE VENERABLE US LARGE CAP STRATEGIC EQUITY FUND
Effective September 26, 2025, Putnam Investment Management, LLC was added as a Non-Discretionary Sub-Adviser for the Venerable US Large Cap Strategic Equity Fund. This information is hereby added to the Appendix A of your most recent Prospectus and USP for this Fund.
MORE INFORMATION IS AVAILABLE
More information about the Funds available through your Contract, including information about the risks associated with investing in them, can be found in the current prospectus and Statement of Additional Information for each Fund. You may view these documents online at https://docs.venerable.com or get copies by contacting:
Customer Service
P.O. Box 9271
Des Moines, Iowa 50306-9271
(800) 366-0066
If you received a summary prospectus for any of the Funds available through your Contract, you may obtain a full prospectus and other Fund information free of charge by either accessing the internet address, calling the telephone number or sending an email request to the contact information shown on the front of the Fund's summary prospectus.
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Separate Account B of Venerable Insurance & Annuity Co. published this content on December 19, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on December 19, 2025 at 17:47 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]