SEC Info - Riversource Variable Annuity Account 1, et al.

SEC Info℠

Home

Help

Please Sign In

Riversource Variable Annuity Account 1, et al. – ‘485BPOS’ on 9/30/05

On: Friday, 9/30/05, at 3:07pm ET · Effective: 10/3/05 · Accession #: 820027-5-834 · File #s: 33-57731, 811-07247

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 9/30/05  Riversource Var Annuity Account 1 485BPOS    10/03/05    4:39K                                    Ameriprise Financial Inc
          Apl Variable Annuity Account 1

Post-Effective Amendment
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 485BPOS     Apl Variable Annuity Account 1                        14     95K 
 2: EX-99       Exhibit Index                                          1      4K 
 4: EX-99.10 AUD CONSENT  Consent of Independent Registered Public     1      6K 
                          Accounting Firm                                        
 3: EX-99.9 OPIN COUNSEL  Opinion of Counsel and Consent               1      8K

485BPOS — Apl Variable Annuity Account 1
Document Table of Contents

Page	(sequential)	\|	(alphabetic)	Top
			Alternative Formats (Word, et al.) Directors and Officers of the Depositor (American Partners Life Insurance Company) Financial Statements and Exhibits Indemnification Location of Accounts and Records Management Services Number of Contract owners Persons Controlled by or Under Common Control with the Depositor or Registrant Principal Underwriters Undertakings
1	1st Page - Filing Submission
3	Item 24. Financial Statements and Exhibits
5	Item 25. Directors and Officers of the Depositor (American Partners Life Insurance Company)
"	Item 26. Persons Controlled by or Under Common Control with the Depositor or Registrant
6	Item 27. Number of Contract owners
"	Item 28. Indemnification
"	Item 29. Principal Underwriters
12	Item 30. Location of Accounts and Records
"	Item 31. Management Services
"	Item 32. Undertakings

485BPOS 1st Page of 14 TOC ↑Top Previous Next ↓Bottom Just 1st
 
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-4

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933                         

        Post-Effective Amendment No.     12      (File No. 33-57731)       [x]
       ---------

        and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940                 

        Amendment No.    13       (File No. 811-07247)                     [x]
---------                         

(Check appropriate box or boxes)

APL VARIABLE ANNUITY ACCOUNT 1
--------------------------------------------------------------------------------
(Exact Name of Registrant)

American Partners Life Insurance Company
--------------------------------------------------------------------------------
 (Name of Depositor)

1751 Ameriprise Financial Center, Minneapolis, MN                       55474   
--------------------------------------------------------------------------------
(Address of Depositor's Principal Executive Offices)                 (Zip Code) 

Depositor's Telephone Number, including Area Code                (612) 671-3678 
--------------------------------------------------------------------------------

Mary Ellyn Minenko, 50607 Ameriprise Financial Center, Minneapolis, MN 55474
--------------------------------------------------------------------------------
 (Name and Address of Agent for Service)

It is proposed that this filing will become effective (check appropriate box)   
[ ] immediately upon filing pursuant to paragraph (b)                     
[X] on Oct. 3, 2005 pursuant  to  paragraph  (b)                          
[ ] 60 days after filing pursuant to paragraph (a)(1)                     
[ ] on (date) pursuant to paragraph (a)(1)                                

If appropriate, check the following box:                                        
[ ] this post-effective  amendment  designates a new effective date for a 
previously filed post-effective amendment.                        

The purpose of this Post-Effective Amendment No. 12 to this Registration        
Statement No. 33-57731 on Form N-4 is to supplement the prospectus and Statement
of Additional Information for Privileged Assets Select Annuity.                 

The Prospectus relating to the above-listed variable annuity filed              
electronically as Post-Effective Amendment No. 11 to Registration Statement No. 
33-57731 filed on or about April 28, 2005 is incorporated by reference into     
Part A of Post-Effective Amendment No. 12 to this Registration Statement.       

The Statement of Additional Information relating to the above-listed variable   
annuity filed electronically as Post-Effective Amendment No. 11 to Registration 
Statement No. 33-57731 on or about April 28, 2005 is incorporated by reference  
into Part B of Post-Effective Amendment No. 12 to this Registration Statement.  

485BPOS 2nd Page of 14 TOC 1st Previous Next ↓Bottom Just 2nd
Prospectus and Statement of Additional Information
Supplement dated Oct. 3, 2005*

Product Name                         Prospectus Form #   SAI Form #      Date   
Privileged Assets(R) Select Annuity       30325 M         S-6321 C      4/29/05 

On Feb. 1, 2005, American Express Company (American Express) announced plans    
to pursue a spin off to American Express shareholders of its American Express   
Financial Advisors unit. On Aug. 1, 2005 several of the companies offering the  
products and services of the American Express Financial Advisors unit changed   
their names in anticipation of their separation from American Express.          
American Express Financial Corporation changed its name to Ameriprise           
Financial, Inc. (Ameriprise Financial). Ameriprise Financial is the parent      
company of the Ameriprise Financial family of companies, including IDS Life     
Insurance Company (IDS Life). IDS Life is the parent company of American        
Partners Life Insurance Company, the issuer of the annuity contract described   
in the prospectus. American Express Financial Advisors Inc., the distributor    
of the annuity contract described in the prospectus, changed its name to        
Ameriprise Financial Services, Inc., a wholly owned subsidiary of Ameriprise    
Financial.                                                                      

As part of a corporate reorganization, Ameriprise Financial also introduced the 
RiverSource(SM) brand. The RiverSource brand represents Ameriprise Financial's  
products. Accordingly, on Oct. 1, 2005, the RiverSource brand replaced "American
Express" and "AXP" in the name of the American Express(R) Variable Portfolio    
Funds and certain funds changed their names as indicated in the following table.
In addition, the fee table has been restated to reflect current fees.           

                                                        [Enlarge/Download Table]

Total annual operating expenses for the AXP(R) Variable Portfolio funds                                              

(Before fee waivers and/or expense reimbursements, if applicable, as a                                               
percentage of average daily net assets)                                                                              

                                                                        Management  Distribution    Other            
Fund (Old Name / New Name)                                                 fees     (12b-1) fees  expenses  Total    
AXP(R) Variable Portfolio - Cash Management Fund /                                                                   
                                                                                                                     
RiverSource(SM) Variable Portfolio - Cash Management Fund                  0.51%        0.13%       0.08%    0.72%(1)
AXP(R) Variable Portfolio - Diversified Bond Fund /                                                                  
RiverSource(SM) Variable Portfolio - Diversified Bond Fund                 0.60%        0.13%       0.10%    0.83%(1)
AXP(R) Variable Portfolio - Large Cap Equity Fund /                                                                  
RiverSource(SM) Variable Portfolio - Large Cap Equity Fund                 0.65%        0.13%       0.08%    0.86%(1)
AXP(R) Variable Portfolio - Managed Fund /                                                                           
RiverSource(SM) Variable Portfolio - Balanced Fund                         0.59%        0.13%       0.08%    0.80%(1)
AXP(R) Variable Portfolio - Strategy Aggressive Fund /                                                               
RiverSource(SM) Variable Portfolio - Strategy Aggressive Fund              0.51%        0.13%       0.08%    0.72%(1)
AXP(R) Variable Portfolio - Threadneedle International Fund /                                                        
RiverSource(SM) Variable Portfolio - International Opportunity Fund        0.75%        0.13%       0.12%    1.00%(1)

(1) The fund's expense figures are based on actual expenses for the fiscal year 
ended Aug. 31, 2004 adjusted to reflect current fees.                   

RiverSource also is used for certain subsidiaries of Ameriprise Financial that  
provide services in connection with the annuity contract. On Oct. 1, 2005,      
RiverSource Investments, LLC, a wholly owned subsidiary of Ameriprise Financial,
replaced Ameriprise Financial as the investment adviser of the RiverSource      
Variable Portfolio Funds. The full transition to the RiverSource name will be   
substantially completed in the fourth quarter 2005, and will be subsequently    
communicated to contract owners, as appropriate.                                

The separation of the American Express Financial Advisors unit from American    
Express was completed on Sept. 30, 2005. Ameriprise Financial and its           
subsidiaries are no longer affiliated with American Express. Ameriprise         
Financial is now an independent company trading under the ticker symbol AMP with
a board of directors and management that are separate from American Express.    

THIS SUPPLEMENT SHOULD BE RETAINED WITH THE CURRENT PROSPECTUS FOR YOUR PRODUCT.

30325-25 A (10/05)                                                              

* Valid until next prospectus update.                                           

Destroy May 1, 2006                                                             

485BPOS 3rd Page of 14 TOC 1st Previous Next ↓Bottom Just 3rd
PART C.                                                                         

Item 24. Financial Statements and Exhibits                                      

(a)      Financial Statements filed as Item 24a in Post-Effective Amendment No. 
       11 to Registration Statement No. 33-57731 filed on or about April 28,
2005, are incorporated by reference.                          

(b)      Exhibits:                                                              

1.       Consent  in   Writing  in  Lieu  of  Meeting  of  Board  of   Directors
         establishing the APL Variable Annuity Account 1 dated February 9, 1995,
         filed  electronically as Exhibit 1 to Registrant's Initial Registration
Statement No. 33-57731 is incorporated herein by reference.   

2.       Not Applicable.                                                        

3.       Form of Variable Annuity Distribution Agreement,  filed electronically 
        as  Exhibit  3  to  Pre-Effective  Amendment  No.  1  to  Registration
Statement No. 33-57731 is incorporated herein by reference.   

4.1      Form of Deferred  Annuity  Contract for  nonqualified  contract  (form 
        32028), filed electronically as Exhibit 4.1 to Pre-Effective Amendment
        No. 1 to Registration Statement No. 33-57731 is incorporated herein by
reference.                                                    

4.2      Form  of  Deferred  Annuity  Contract  for  qualified  contract  (form 
        32034-IRA),  filed  electronically  as  Exhibit  4.2 to  Pre-Effective
        Amendment No. 1 to Registration Statement No. 33-57731 is incorporated
herein by reference.                                          

4.3      Form of Traditional IRA or SEP-IRA Annuity Endorsement (form 131065    
       9/02) filed electronically as Exhibit 4.3 to Post-Effective Amendment
        No. 9 to Registration Statement No. 33-57731 is incorporated herein by
reference.                                                    

5.       Form of Application for American  Partners Life Variable Annuity (form 
        32025), filed electronically as Exhibit 5.1 to Pre-Effective Amendment
        No. 1 to Registration Statement No. 33-57731 is incorporated herein by
reference.                                                    

6.1      Articles  of  Amendment  and  Restatement  of  National  Pension  Life 
        Insurance  Company  dated  February 18, 1994,  filed as Exhibit 6.1 to
        Registrant's   Initial   Registration   Statement   No.   33-57731  is
incorporated herein by reference.                             

6.2      Amended and  Restated  By-Laws of  American  Partners  Life,  filed as 
        Exhibit  6.2  to  Registrant's  Initial  Registration   Statement  No.
33-57731 is incorporated herein by reference.                 

6.3      Amendments to the By-Laws of American Partners Life Insurance Company  
adopted as of 9/19/02 filed electronically as Exhibit 6.3 to  
       Post-Effective Amendment No. 9 to Registration Statement No. 33-57731
is incorporated  herein by reference.                         

7.       Not Applicable.                                                        

485BPOS 4th Page of 14 TOC 1st Previous Next ↓Bottom Just 4th
8.1      Participation Agreement among INVESCO Variable Investment Funds, Inc., 
        INVESCO  Funds  Group,  Inc.  and  American  Partners  Life  Insurance
        Company,  dated Oct. 31, 1995, filed  electronically as Exhibit 8.1 to
        Post-Effective  Amendment No. 2 to Registration Statement No. 33-57731
is incorporated herein by reference.                          

8.2      Fund  Participation  Agreement,  dated  Dec.  19,  1995  by and  among 
        American  Partners Life Insurance  Company,  TCI Portfolios,  Inc. and
        Investors Research Corporation, filed electronically as Exhibit 8.2 to
        Post-Effective  Amendment No. 2 to Registration Statement No. 33-57731
is incorporated herein by reference.                          

8.3      Fund Participation Agreement,  dated Jan. 23, 1996 between JANUS ASPEN 
        SERIES  and  American   Partners   Life   Insurance   Company,   filed
        electronically  as Exhibit 8.3 to  Post-Effective  Amendment  No. 2 to
        Registration   Statement  No.  33-57731  is  incorporated   herein  by
reference.                                                    

8.4      Participation  Agreement  dated  March 1, 1996 by and  among  American 
        Partners Life Insurance  Company and Warburg Pincus Trust and Warburg,
        Pincus  Counsellors,  Inc.  and  Counsellors  Securities  Inc.,  filed
        electronically  as Exhibit 8.5 to  Post-Effective  Amendment  No. 3 to
        Registration   Statement  No.  33-57731  is  incorporated   herein  by
reference.                                                    

9.       Opinion of counsel  and  consent to its use as to the  legality of the 
securities being registered is filed electronically herewith. 

10.      Consent of Independent Registered Public Accounting Firm is filed      
electronically herewith.                                      

11.      None.                                                                  

12.      Not Applicable.                                                        

13.1     Power of Attorney to sign Amendments to this Registration Statement,   
dated April 13, 2005, filed electronically as Exhibit 13.1 to 
         Post-Effective Amendment No. 11 to Registration Statement No. 33-57731,
is incorporated by reference.                                 

13.2     Power of Attorney to sign Amendments to this  Registration  Statement, 
dated July 7, 2004, filed electronically as Exhibit 13.2 to   
         Post-Effective Amendment No. 11 to Registration Statement No. 33-57731,
is incorporated by reference.                                 

485BPOS 5th Page of 14 TOC 1st Previous Next ↓Bottom Just 5th
                                                        [Enlarge/Download Table]

Item 25. Directors and Officers of the Depositor (American Partners Life Insurance Company)                   

                                                                                                              
Name                         Principal Business Address*      Positions and Offices with Depositor            
-------------------------- -------------------------------- ------------------------------------              
Neysa M. Alecu                                                Money Laundering Prevention Officer             

Gumer C. Alvero                                               Director and President                          

Timothy V. Bechtold                                           Director and Vice President - Insurance Products

Arthur H. Berman                                              Director                                        

Walter S. Berman                                              Vice President and Treasurer                    

Lorraine R. Hart                                              Vice President - Investments                    

Paul R. Johnston                                              Assistant General Counsel and                   
                                                              Secretary                                       
Michelle M. Keeley                                            Vice President - Investments                    

Mary Ellyn Minenko                                            Vice President, Group Counsel and               
                                                              Assistant Secretary                             
Jeryl Millner                                                 Vice President - Finance                        

Thomas W. Murphy                                              Vice President - Investments                    

B. Roger Natarajan                                            Director, Vice President and Chief Actuary      

Benji Orr                                                     Deputy Money Laundering Prevention Officer      

Scott R. Plummer                                              38a-1 Chief Compliance Officer                  

Julie A. Ruether                                              Chief Compliance Officer                        

Mark E. Schwarzmann                                           Director, Chairman of the Board                 
                                                              and Chief Executive Officer                     

Heather M. Somers                                             General Counsel                                 

David K. Stewart                                              Vice President and Controller                   

*    Unless otherwise noted, the principal business address is: 1751 Ameriprise 
Financial Center, Minneapolis, MN 55474.                              

Item 26. Persons Controlled by or Under Common Control with the Depositor or    
Registrant                                                    

The following list includes the names of major subsidiaries of American Express 
Company.                                                                        

                                                        [Enlarge/Download Table]

                                                                              Jurisdiction of  
Name of Subsidiary                                                            Incorporation    

I. Travel Related Services                                                                     
                                                                                               
     American Express Travel Related Services Company, Inc.                   New York         

II. International Banking Services                                                             

     American Express Bank Ltd.                                               Connecticut      

III. Companies engaged in Financial Services                                                   

     Advisory Capital Income                                                  Delaware         
     Advisory Capital Partners LLC                                            Delaware         
     Advisory Capital Strategies Group Inc.                                   Minnesota        
     Advisory Convertible Arbitage, LLC                                       Delaware         
     Advisory European (General Partner) LLC                                  George Town      
     Advisory Select LLC                                                      Delaware         
     AEXP Affordable Housing LLC                                              Delaware         
     American Centurion Life Assurance Company                                New York         
     American Enterprise Investment Services Inc.                             Minnesota        
     American Enterprise Life Insurance Company                               Indiana          
     American Enterprise REO 1, LLC                                           Minnesota        
     American Express Asset Management (Australia)                            NSW Australia    
     American Express Asset Management Company S.A.                           Luxembourg       
     American Express Asset Management International Inc.                     Delaware         
     American Express Asset Management International (Japan) Ltd.             Japan            
     American Express Asset Management Ltd.                                   England          
     American Express Financial Advisors Inc.                                 Delaware         
     American Express Financial Advisors Japan Inc.                           Delaware         
     American Express Insurance Agency of Alabama Inc.                        Alabama          
     American Express Insurance Agency of Arizona Inc.                        Arizona          
     American Express Insurance Agency of Idaho Inc.                          Idaho            
     American Express Insurance Agency of Maryland Inc.                       Maryland         
     American Express Insurance Agency of Massachusetts Inc.                  Massachusetts    
     American Express Insurance Agency of Nevada Inc.                         Nevada           
     American Express Insurance Agency of New Mexico Inc.                     New Mexico       
     American Express Insurance Agency of Oklahoma Inc.                       Oklahoma         
     American Express Insurance Agency of Texas Inc.                          Texas            
     American Express Insurance Agency of Wyoming Inc.                        Wyoming          
     American Express International Deposit Corporation                       Cayman Island    
     American Express Property Casualty Insurance Agency of Kentucky Inc.     Kentucky         
     American Express Property Casualty Insurance Agency of Maryland Inc.     Maryland         
     American Express Property Casualty Insurance Agency of Mississippi Inc.  Mississippi      
     American Express Property Casualty Insurance Agency of Pennsylvania Inc. Pennsylvania     
     American Express Property Casualty Insurance Agency                      Wisconsin        
     American Partners Life Insurance Company                                 Arizona          
     Ameriprise Certificate Company                                           Delaware         
     Ameriprise Financial Inc.                                                Delaware         
     Ameriprise Financial Services Inc.                                       Delaware         
     Ameriprise Trust Company                                                 Minnesota        
     AMEX Assurance Company                                                   Illinois         
     Boston Equity General Partner LLC                                        Delaware         
     IDS Cable Corporation                                                    Minnesota        
     IDS Cable II Corporation                                                 Minnesota        
     IDS Capital Holdings Inc.                                                Minnesota        
     IDS Futures Brokerage Group                                              Minnesota        
     IDS Futures Corporation                                                  Minnesota        
     IDS Insurance Agency of Utah, Inc.                                       Utah             
     IDS Life Insurance Company                                               Minnesota        
     IDS REO1, LLC                                                            Minnesota        
     IDS REO2, LLC                                                            Minnesota        
     IDS Life Insurance Company of New York                                   New York         
     IDS Management Corporation                                               Minnesota        
     IDS Partnership Services Corporation                                     Minnesota        
     IDS Property Casualty Insurance Company                                  Wisconsin        
     IDS Realty Corporation                                                   Minnesota        
     Investors Syndicate Development Corporation - NV                         Nevada           
     Kenwood Capital Management LLC                                           Delaware         
     Realty Assets, Inc.                                                      Nebraska         
     RiverSource Investments, LLC                                             Minnesota        
     RiverSource Services, Inc.                                               Minnesota        
     RiverSource Tax Advantage Investments Inc.                               Delaware         
     Securities America Financial Corporation                                 Nebraska         
     Securities America Inc.                                                  Delaware         
     Securities America Advisors, Inc.                                        Nebraska         
     Threadneedle International Limited                                       England and Wales

485BPOS 6th Page of 14 TOC 1st Previous Next ↓Bottom Just 6th
Item 27. Number of Contract owners                                              

  As of March 31, 2005, there were 29 contract owners of qualified
contracts and 934 contract owners of non-qualified contracts. 

Item 28. Indemnification                                                        

The amended By-Laws of the depositor provide that the depositor will indemnify, 
to the fullest extent now or hereafter provided for or permitted by law, each   
person involved in, or made or threatened to be made a party to, any action,    
suit, claim or proceeding, whether civil or criminal, including any             
investigative, administrative, legislative, or other proceeding, and including  
any action by or in the right of the depositor or any other corporation, or any 
partnership, joint venture, trust, employee benefit plan, or other enterprise   
(any such entity, other than the depositor, being hereinafter referred to as an 
"Enterprise"), and including appeals therein (any such action or process being  
hereinafter referred to as a "Proceeding"), by reason of the fact that such     
person, such person's testator or intestate (i) is or was a director or officer 
of the depositor, or (ii) is or was serving, at the request of the depositor, as
a director, officer, or in any other capacity, or any other Enterprise, against 
any and all judgments, amounts paid in settlement, and expenses, including      
attorney's fees, actually and reasonably incurred as a result of or in          
connection with any Proceeding, except as provided below.                       

No indemnification will be made to or on behalf of any such person if a judgment
or other final adjudication adverse to such person establishes that such        
person's acts were committed in bad faith or were the result of active and      
deliberate dishonesty and were material to the cause of action so adjudicated,  
or that such person personally gained in fact a financial profit or other       
advantage to which such person was not legally entitled. In addition, no        
indemnification will be made with respect to any Proceeding initiated by any    
such person against the depositor, or a director or officer of the depositor,   
other than to enforce the terms of this indemnification provision, unless such  
Proceeding was authorized by the Board of Directors of the depositor. Further,  
no indemnification will be made with respect to any settlement or compromise of 
any Proceeding unless and until the depositor has consented to such settlement  
or compromise.                                                                  

The depositor may, from time to time, with the approval of the Board of         
Directors, and to the extent authorized, grant rights to indemnification, and to
the advancement of expenses, to any employee or agent of the depositor or to any
person serving at the request of the depositor as a director or officer, or in  
any other capacity, of any other Enterprise, to the fullest extent of the       
provisions with respect to the indemnification and advancement of expenses of   
directors and officers of the depositor.                                        

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 depositor or 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.                            

                                                        [Enlarge/Download Table]

Item 29. Principal Underwriters.                                                                       

(a)       Ameriprise Financial Services, Inc. acts as principal underwriter for                        
          the following investment companies:                                                          

          AXP California  Tax-Exempt  Trust;  AXP Dimensions  Series,  Inc.; AXP                       
          Discovery  Series,  Inc.;  AXP Equity  Series,  Inc.; AXP Fixed Income                       
          Series,  Inc.; AXP Global Series,  Inc.; AXP Government Income Series,                       
          Inc.; AXP Growth Series, Inc.; AXP High Yield Income Series, Inc.; AXP                       
          High Yield  Tax-Exempt  Series,  Inc.;  AXP Income  Series,  Inc.; AXP                       
          International  Series,  Inc.; AXP Investment Series, Inc.; AXP Managed                       
          Series,  Inc.;  AXP Market  Advantage  Series,  Inc.; AXP Money Market                       
          Series,  Inc.; AXP Partners Series,  Inc.; AXP Partners  International                       
          Series,  Inc.; AXP Progressive Series,  Inc.; AXP Sector Series, Inc.;                       
          AXP Selected Series,  Inc.; AXP Special  Tax-Exempt  Series Trust; AXP                       
          Stock Series,  Inc.; AXP Strategy Series, Inc.; AXP Tax-Exempt Series,                       
          Inc.; AXP Tax-Free Money Series, Inc.; Growth Trust; Growth and Income                       
          Trust;  Income Trust;  Tax-Free Income Trust; World Trust;  Ameriprise                       
          Certificate Company; Advisory Hedged Opportunity Fund.                                       

(b)      As to each director, officer or partner of the principal underwriter:                         
                                                                                                       

         Name and Principal                             Position and Offices with                      
         Business Address*                              Underwriter                                    

         Gumer C. Alvero                                Vice President - General                       
                                                        Manager Annuities                              

         Ward D. Armstrong                              Senior Vice President -                        
                                                        Retirement Services and                        
                                                        Riversource Investments                        

         John M. Baker                                  Vice President - Chief                         
                                                        Client Service Officer                         

         Dudley Barksdale                               Vice President - Service                       
                                                        Development                                    

         Timothy V. Bechtold                            Vice President -                               
                                                        Insurance Products                             

         Arthur H. Berman                               Senior Vice President and Treasurer            

         Walter S. Berman                               Director                                       

         Robert C. Bloomer                              Vice President - Technologies III              

         Leslie H. Bodell                               Vice President - Technologies I                

         Rob Bohli                                      Group Vice President -                         
         10375 Richmond Avenue #600                     South Texas                                    
         Houston, TX  77042                                                                            

         Walter K. Booker                               Group Vice President -                         
         61 South Paramus Road                          New Jersey                                     
         Mack-Cali Office Center IV,                                                                   
         3rd Floor                                                                                     
         Paramus, NJ  07652                                                                            

         Bruce J. Bordelon                              Group Vice President -                         
         1333 N. California Blvd.,                      Northern California                            
         Suite 200                                                                                     
         Walnut Creek, CA  94596                                                                       

         Randy L. Boser                                 Vice President - Mutual Fund                   
                                                        Business Development                           

         Kenneth J. Ciak                                Vice President and                             
         IDS Property Casualty                          General Manager - IDS                          
         1400 Lombardi Avenue                           Property Casualty                              
         Green Bay, WI  54304                                                                          

         Paul A. Connolly                               Vice President - RL HR/US Retail               

         James M. Cracchiolo                            Director, President, Chairman of               
                                                        the Board and Chief Executive                  
                                                        Officer                                        

         Colleen Curran                                 Vice President and                             
                                                        Assistant General Counsel                      

485BPOS 7th Page of 14 TOC 1st Previous Next ↓Bottom Just 7th
         Luz Maria Davis                                Vice President - Employee                      
                                                        Communications                                 

         Scott M. DiGiammarino                          Group Vice President -                         
         Suite 500, 8045 Leesburg                       Washington D.C./Baltimore                      
         Pike                                                                                          
         Vienna, VA  22182                                                                             

         Paul James Dolan                               Vice President - CAO Product Sales             

         Kenneth Dykman                                 Group Vice President -                         
         625 Kenmor Ave South East                      Greater Michigan                               
         Suite 301                                                                                     
         Grand Rapids, MI  49546                                                                       

         William V. Elliot                              Vice President - Financial                     
                                                        Planning and Advice                            

         Benjamin R. Field                              Vice President - Finanace                      
                                                        Education and Planning Services                

         Gordon M. Fines                                Vice President - Senior                        
                                                        Portfolio Manager I                            

         Giunero Floro                                  Vice President - Creative                      
                                                        Services                                       

         Terrence J. Flynn                              Vice President - Brokerage                     
                                                        Clearing Operations                            

         Jeffrey P. Fox                                 Vice President - Investment                    
                                                        Accounting                                     

         Peter A. Gallus                                Vice President - CAO - AEFA                    
                                                        Investment Management                          

        Laura C. Gagnon                                 Vice President - Investor Relations            

         Gary W. Gassmann                               Group Vice President -                         
         2677 Central Park Boulevard                    Detroit Metro                                  
         Suite 350                                                                                     
         Southfield, MN  48076                                                                         

         John C. Greiber                                Group Vice President -                         
                                                        Minnesota/Iowa                                 

         Martin T. Griffin                              Vice President and National Sales              
                                                        Manager External Channel                       

         Steven Guida                                   Vice President -                               
                                                        New Business and Service                       

         Teresa A. Hanratty                             Senior Vice President -                        
         Suites 6&7                                     Field Management                               
         169 South River Road                                                                          
         Bedford, NH  03110                                                                            

         Lorraine R. Hart                               Vice President - Fixed Income                  
                                                        Investments Administration                     
                                                        Officer                                        

         Janis K. Heaney                                Vice President -                               
                                                        Incentive Management                           

         Brian M. Heath                                 Senior Vice President -                        
         Suite 150                                      Advisor Group                                  
         801 E. Campbell Road                                                                          
         Richardson, TX  75081                                                                         

         Jon E. Hjelm                                   Group Vice President -                         
         655 Metro Place South                          Ohio Valley                                    
         Suite 570                                                                                     
         Dublin, OH  43017                                                                             

         David X. Hockenberry                           Group Vice President -                         
         830 Crescent Centre Drive                      Mid South                                      
         Suite 490                                                                                     
         Franklin, TN  37067-7217                                                                      

        Kelli A. Hunter                                 Executive Vice President -                     
                                                        Human Resources                                

         Debra A. Hutchinson                            Vice President - Technologies I                

485BPOS 8th Page of 14 TOC 1st Previous Next ↓Bottom Just 8th
         Theodore M. Jenkin                             Group Vice President -                         
         6000 Freedom Square Drive                      Steel Cities                                   
         Suite 300                                                                                     
         Cleveland, OH  44131                                                                          

         James M. Jensen                                Vice President -                               
                                                        Compensation and Licensing                     
                                                        Services                                       

         Gregory C. Johnson                             Group Vice President -                         
         4 Atrium Drive, #100                           Upstate New York/Vermont                       
         Albany, NY  12205                                                                             

         Jody M. Johnson                                Group Vice President -                         
                                                        Twin Cities Metro                              

         Paul R. Johnston                               Secretary                                      

         Nancy E. Jones                                 Vice President - Advisor                       
                                                        Marketing                                      

         William A. Jones                               Vice President - Technologies III              

         John C. Junek                                  Senior Vice President and                      
                                                        General Counsel                                

         Ora J. Kaine                                   Vice President -                               
                                                        Retail Distribution Services                   

         Michelle M. Keeley                             Senior Vice President -                        
                                                        Fixed Income                                   

         Raymond G. Kelly                               Group Vice President -                         
         Suite 250                                      Northern Texas                                 
         801 East Campbell Road                                                                        
         Richardson, TX  75081                                                                         

         Claire Kolmodin                                Vice President - Strategic                     
                                                        Initiatives                                    

         Neysa A. Alecu                                 Money Laundering Prevention                    
                                                        Officer                                        

         Benji Orr                                      Deputy Money Laundering                        
                                                        Prevention Officer                             

         Robert Whalen                                  Group Vice President -                         
         939 West North Ave                             Chicago Metro                                  
         Chicago, IL  60606                                                                            

         Lori J. Larson                                 Vice President - Advisor                       
                                                        Field Force Growth and                         
                                                        Retention                                      

         Daniel E. Laufenberg                           Vice President - Chief                         
                                                        U.S. Economist                                 

         Jane W. Lee                                    Vice President - General                       
                                                        Manager Platinum Financial                     
                                                        Services                                       

         Catherine M. Libbe                             Vice President - Marketing                     
                                                        & Product Retirement Services                  

         Diane D. Lyngstad                              Chief Financial Officer and                    
                                                        Vice President - Comp and                      
                                                        Licensing Services                             

         Thomas A. Mahowald                             Vice President - Equity Research               

         Timothy J. Masek                               Vice President -                               
                                                        Fixed Income Research                          

         Frank A. McCarthy                              Vice President - External                      
                                                        Products Group and Personal                    
                                                        Trust Services                                 

         Mark T. McGannon                               Vice President and General                     
                                                        Manager - Products Sales                       

         Brian J. McGrane                               Vice President and LFO                         
                                                        Officer - Finance                              

485BPOS 9th Page of 14 TOC 1st Previous Next ↓Bottom Just 9th
         Dean O. McGill                                 Group Vice President -                         
         11835 W. Olympic Blvd                          Los Angeles Metro                              
         Suite 900 East                                                                                
         Los Angeles, CA  90064                                                                        

         Jeffrey McGregor                               Vice President and National                    
                                                        Sales Manager for Distribution                 

         Sarah M. McKenzie                              Vice President - Managed and                   
                                                        Brokerage Products                             

         Jeryl A. Millner                               Senior Vice President                          

         Penny J. Meier                                 Vice President - Business                      
                                                        Transformation/Six Sigma                       

         Paula R. Meyer                                 Senior Vice President and                      
                                                        General Manager - Mutual Funds                 

         Holly Morris                                   Senior Vice President -                        
                                                        Technologies                                   

         Rebecca A. Nash                                Vice President - Service                       
                                                        Operations                                     

         B. Roger Natarajan                             Vice President - Finance                       

         Thomas V. Nicolosi                             Group Vice President -                         
         Suite 220                                      New York Metro Area                            
         500 Mamaroneck Ave.                                                                           
         Harrison, NY  10528                                                                           

         Patrick H. O'Connell                           Group Vice President -                         
         Commerce Center One                            Southern New England                           
         333 East River                                                                                
         Hartford, CT  06108-4200                                                                      

         Francois B. Odouard                            Vice President - Brokerage                     

         Michael J. O'Keefe                             Vice President -                               
                                                        Advisory Business Systems                      

         Geoffery Oprandy                               Group Vice President - Southwest               
         11811 N. Tatum Blvd. Suite 1030                                                               
         Phoenix, AZ  85028                                                                            

         Kristi L. Petersen                             Vice President - ONE Account                   
                                                        and Cash                                       

         John G. Poole                                  Group Vice President -                         
         14755 North Outer Forty Road                   Gateway/Springfield                            
         Suite 500                                                                                     
         Chesterfield, MO  63017                                                                       

         Larry M. Post                                  Group Vice President -                         
         2 Constitution Plaza                           New England                                    
         Charlestown, MA  02129                                                                        

         Michael J. Rearden                             Group Vice President -                         
         1800 S. Pine Island Road, Suite 510            Southern Florida                               
         Plantation, FL  33324                                                                         

         Ralph D. Richardson III                        Group Vice President -                         
         Suite 100                                      Carolinas                                      
         5511 Capital Center Drive                                                                     
         Raleigh, NC  27606                                                                            

         Mark A. Riordan                                Vice President - Finance                       
                                                        Emerging Technologies                          

         ReBecca K. Roloff                              Senior Vice President -                        
                                                        GFS                                            

         Maximillian G. Roth                            Group Vice President -                         
         1400 Lombardi Avenue                           Wisconsin/Upper Michigan                       
         Suite 202                                                                                     
         Green Bay, WI  54304                                                                          

         Andrew C. Schell                               Vice President - Strategy                      
                                                        and Planning                                   

         Mark E. Schwarzmann                            Senior Vice President -                        
                                                        Insurance and Annuities                        

485BPOS 10th Page of 14 TOC 1st Previous Next ↓Bottom Just 10th
         Gary A. Scott                                  Vice President - Client                        
                                                        Acquisition Marketing  and                     
                                                        Services                                       

         Jacqueline M. Sinjem                           Vice President - Plan                          
                                                        Sponsor Services                               

         Martin S. Solhaug                              Vice President - International                 
                                                        Comp and Benefits                              

         Albert L. Soule                                Group Vice President -                         
         6925 Union Park Center                         Western Frontier                               
         Suite 200                                                                                     
         Midvale, UT  84047                                                                            

         Bridget M. Sperl                               Senior Vice President -                        
                                                        Client Service Organization                    

         Kathy Stalwick                                 Vice President                                 

         Paul J. Stanislaw                              Group Vice President -                         
         Suite 1100                                     Southern California/Hawaii                     
         Two Park Plaza                                                                                
         Irvine, CA  92614                                                                             

         Lisa A. Steffes                                Vice President -                               
                                                        Marketing Officer                              
                                                        Development                                    

         David K. Stewart                               Vice President and Controller                  

         Caroline Stockdale-Boon                        Senior Vice President -                        
                                                        Human Resources                                

         Jeffrey J. Stremcha                            Vice President - Technologies I                

         John T. Sweeney                                Vice President, Lead Financial                 
                                                        Officer - Banking, Brokerage                   
                                                        and Managed Products                           

         Joseph E. Sweeney                              Senior Vice President,                         
                                                        General Manager - U.S. Brokerage               
                                                        and Membership Banking                         

         Craig P. Taucher                               Group Vice President -                         
         Suite 150                                      Georgia/North Florida                          
         4190 Belfort Rd.                                                                              
         Jackonville, FL  32216                                                                        

         Neil G. Taylor                                 Group Vice President -                         
         601 108th Ave North East                        Pacific Northwest                             
         Suite 1800                                                                                    
         Bellevue, WA  98004-5902                                                                      

         William F. "Ted" Truscott                      Senior Vice President and                      
                                                        Chief Investment Officer                       

         George F. Tsafaridis                           Vice President - Quality &                     
                                                        Service Support                                

         Janet M. Vandenbark                            Group Vice President -                         
         3951 Westerre Parkway, Suite 250               Virginia                                       
         Richmond, VA 23233                                                                            

         Ramanathan Venkataramanan                      Vice President - Technologies III              

         Peter S. Velardi                               Senior Vice President -                        
                                                        Field Management                               

         Andrew O. Washburn                             Vice President -                               
                                                        Mutual Fund Marketing                          

         Donald F. Weaver                               Group Vice President -                         
         3500 Market Street,                            Eastern Pennsylvania/                          
         Suite 200                                      Delaware                                       
         Camp Hill, PA  17011                                                                          

         Beth E. Weimer                                 Vice President and                             
                                                        Chief Compliance Officer - Asset               
                                                        Management and Insurance                       

         Phil Wentzel                                   Vice President - Finance                       

485BPOS 11th Page of 14 TOC 1st Previous Next ↓Bottom Just 11th
         Jeffrey A. Williams                            Senior Vice President -                        
                                                        Cross-Sell/Strategic                           
                                                        Management                                     

         William J. Williams                            Senior Vice President -                        
                                                        Field Management                               

         Dianne L. Wilson                               Vice President - Insurance                     
                                                        Operations                                     

         Gayle W. Winfree                               Group Vice President -                         
         1 Galleria Blvd. Suite 1900                    Delta States                                   
         Metairie, LA  70001                                                                           

         Michael D. Wolf                                Vice President - Equity Senior                 
                                                        Portfolio Manager                              

         Abraham L. Wons                                Vice President - Investments Risk              
                                                        Management                                     

         Michael R. Woodward                            Senior Vice President -                        
         32 Ellicott St                                 Field Management                               
         Suite 100                                                                                     
         Batavia, NY  14020                                                                            

         John Woerner                                   Senior Vice President - Strategic              
                                                        Planning and Business Development              

* Business address is: 70100 Ameriprise Financial Center, Minneapolis, MN 55474 unless otherwise noted.

Item 29(c)                                                                      

                                                                [Download Table]
                                                                                
                    Net Underwriting                                            
Name of Principal   Discounts and     Compensation on  Brokerage                
Underwriter         Commissions       Redemption       Commissions  Compensation
-----------------   ----------------  ---------------  -----------  ------------

American Express    None              None             None         None        
Financial Advisors                                                              
Inc.                                                                            


485BPOS 12th Page of 14 TOC 1st Previous Next ↓Bottom Just 12th
Item 30. Location of Accounts and Records                                       

American Partners Life Insurance Company    
1751 Ameriprise Financial Center            
Minneapolis, MN 55474                       

Item 31. Management Services                                                    

Not Applicable                              

Item 32. Undertakings                                                           

     (a) (b) & (c)  These   undertakings   were  filed  with  the   Registrant's
         Pre-Effective Amendment No. 1, File No. 33-57731.

     (d)            The sponsoring  insurance  company  represents that the fees
                    and charges  deducted under the contract,  in the aggregate,
                    are  reasonable  in relation to the services  rendered,  the
                    expenses  expected to be incurred,  and the risks assumed by
the insurance company.                  

485BPOS 13th Page of 14 TOC 1st Previous Next ↓Bottom Just 13th
SIGNATURES

As required by the Securities Act of 1933 and the Investment Company Act of     
1940, American Partners Life Insurance Company, on behalf of the Registrant     
certifies that it meets the requirements of Securities Act Rule 485(b) for      
effectiveness of this Amendment to its Registration Statement and has           
caused this Amendment to its Registration Statement to be signed on its behalf  
by the undersigned, thereunto duly authorized in the City of Minneapolis, and   
State of Minnesota, on the 30th day of September, 2005.                         

                      APL VARIABLE ANNUITY ACCOUNT 1
                      ------------------------------
                    (Registrant)

                                   By American Partners Life Insurance Company
                                   -------------------------------------------
                   (Depositor)

                By /s/  Gumer C. Alvero*
                                   -------------------------------------------
                       Gumer C. Alvero
                 President

As required by the Securities Act of 1933, this Amendment to the Registration   
Statement has been signed by the following persons in the capacities indicated  
on the 30th day of September, 2005.                                             

Signature                                     Title                             

/s/  Gumer C. Alvero*                         Director and President            
--------------------------                                                      
Gumer C. Alvero                                                       

/s/  Timothy V. Bechtold*                     Director and Vice President -     
--------------------------                    Insurance Products                
Timothy V. Bechtold                                                   

/s/  Arthur H. Berman*                        Director and Vice President -     
----------------------------                  Finance                           
Arthur H. Berman                         (Principal Financial Officer)

/s/  B. Roger Natarajan*                      Director                          
----------------------------                                                    
B. Roger Natarajan                                                    

/s/  Mark E. Schwarzmann*                     Chairman of the Board and         
----------------------------                  Chief Executive Officer           
Mark E. Schwarzmann                      (Chief Executive Officer)    

/s/  David K. Stewart**                       Vice President and Controller     
-------------------------                     (Principal Accounting Officer)    
David K. Stewart                                                      

*  Signed pursuant to Power of Attorney dated April 13, 2005, filed             
 electronically as Exhibit 13.1 to Registrant's Post-Effective Amendment No.
  11 to Registration Statement No. 33-57731 and incorporated by reference, by:

** Signed pursuant to Power of Attorney dated July 7, 2004, filed electronically
as Exhibit 13.2 to Registrant's Post-Effective Amendment No. 11 to        
Registration Statement No. 33-57731 and incorporated by reference, by:    

/s/ Mary Ellyn Minenko                                                          
--------------------------                                                      
Mary Ellyn Minenko                                                      
Group Counsel                                                           

485BPOS Last Page of 14 TOC 1st Previous Next ↓Bottom Just 14th
  CONTENTS OF THIS POST-EFFECTIVE AMENDMENT NO. 12
TO REGISTRATION STATEMENT NO. 33-57731

This Post-Effective Amendment is comprised of the following papers and          
documents:                                                                      

The Cover Page.                                                                 

Part A.                                                                         

      The prospectus for Privileged Assets Select Annuity filed electronically
    as Part A to Post-Effective Amendment No. 11 to Registration Statement
No. 33-57731, filed on or about April 28, 2005, is incorporated by
reference.                                                        

The Supplement for:                                               

Privileged Assets Select Annuity                                  

Part B.                                                                         

Statement of Additional Information and Financial Statements filed
electronically as Part B to Post-Effective Amendment No. 11 to    
       Registration Statement No. 33-57731, filed on or about April 28, 2005, is
incorporated by reference.                                        

Part C.                                                                         

Other Information.                                            

The signatures.

485BPOS	1st Page of 14	TOC	↑Top	Previous	Next	↓Bottom	Just 1st

485BPOS	2nd Page of 14	TOC	1st	Previous	Next	↓Bottom	Just 2nd

485BPOS	3rd Page of 14	TOC	1st	Previous	Next	↓Bottom	Just 3rd

485BPOS	4th Page of 14	TOC	1st	Previous	Next	↓Bottom	Just 4th

485BPOS	5th Page of 14	TOC	1st	Previous	Next	↓Bottom	Just 5th

485BPOS	6th Page of 14	TOC	1st	Previous	Next	↓Bottom	Just 6th

485BPOS	7th Page of 14	TOC	1st	Previous	Next	↓Bottom	Just 7th

485BPOS	8th Page of 14	TOC	1st	Previous	Next	↓Bottom	Just 8th

485BPOS	9th Page of 14	TOC	1st	Previous	Next	↓Bottom	Just 9th

485BPOS	10th Page of 14	TOC	1st	Previous	Next	↓Bottom	Just 10th

485BPOS	11th Page of 14	TOC	1st	Previous	Next	↓Bottom	Just 11th

485BPOS	12th Page of 14	TOC	1st	Previous	Next	↓Bottom	Just 12th

485BPOS	13th Page of 14	TOC	1st	Previous	Next	↓Bottom	Just 13th

485BPOS	Last Page of 14	TOC	1st	Previous	Next	↓Bottom	Just 14th

Dates Referenced Herein and Documents Incorporated by Reference

		Referenced-On Page
This ‘485BPOS’ Filing	Date	First	Last	Other Filings

	5/1/06	2		485BPOS
Effective on:	10/3/05	1	2
	10/1/05	2
Filed on:	9/30/05	2
	8/1/05	2		497
	4/28/05	1	14	485BPOS
	4/13/05	4	13
	3/31/05	6
	2/1/05	2
	8/31/04	2
	7/7/04	4	13
	3/1/96	4
	1/23/96	4
	12/19/95	4
	10/31/95	4
	2/9/95	3
	2/18/94	3
				List all Filings

↑Top

Filing Submission 0000820027-05-000834 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Riversource Variable Annuity Account 1, et al. – ‘485BPOS’ on 9/30/05

On: Friday, 9/30/05, at 3:07pm ET · Effective: 10/3/05 · Accession #: 820027-5-834 · File #s: 33-57731, 811-07247

Previous ‘485BPOS’: ‘485BPOS’ on 4/28/05 · Next & Latest: ‘485BPOS’ on 4/27/06

Post-Effective AmendmentFiling Table of Contents

485BPOS — Apl Variable Annuity Account 1Document Table of Contents

Dates Referenced Herein and Documents Incorporated by Reference

Post-Effective Amendment
Filing Table of Contents

485BPOS — Apl Variable Annuity Account 1
Document Table of Contents