M&A - GUARDIAN SEPARATE ACCT N OF THE GUARDIAN INS & ANNUITY CO

Form Type: 497

Filing Date: 2025-02-28

Corporate Action: Merger

Type: Update

Accession Number: 000119312525041236

Filing Summary: On February 28, 2025, a prospectus supplement was issued for the Flexible Solutions VUL (2018) variable life insurance policy. This update outlines a planned merger where the Pioneer Equity Income VCT Portfolio (Target Fund) will be merged into the Victory Pioneer Equity Income VCT Portfolio (Acquiring Fund) around April 1, 2025. Following the transaction, the Target Fund will transfer all assets and liabilities to the Acquiring Fund in exchange for shares that will be distributed to Target Fund shareholders. The transfer of allocation values from the Target Fund to the Acquiring Fund will occur automatically, and investors will not incur fees or tax liabilities due to this transaction. The document also highlights changes to investment options and the ability for investors to modify their allocation instructions prior to the transaction date, including details on managing Dollar Cost Averaging and Portfolio Rebalancing programs. Investors are encouraged to retain this supplement with the existing prospectus for reference.

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Form Type: 497

Filing Date: 2025-02-28

Corporate Action: Merger

Type: New

Accession Number: 000119312525041327

Filing Summary: The document outlines the merger of the Pioneer Equity Income VCT Portfolio (Target Fund) into the Victory Pioneer Equity Income VCT Portfolio (Acquiring Fund), as approved by the Board of Trustees of Pioneer Variable Contracts Trust and subject to shareholder approval. This transaction is scheduled to occur on or about April 1, 2025. On the Transaction Date, all assets and liabilities of the Target Fund will be transferred to the Acquiring Fund in exchange for shares, which will be distributed to Target Fund shareholders. Prior to the Transaction Date, contract holders can change premium payment allocations and transfer investments to other variable options. After the merger, the Target Funds will be replaced and investors may make transfers without incurring fees for 30 days. Changes to investment allocations can be made through various communication methods. The document also highlights that no fees or tax liabilities will arise from the merger, and confirms that confirmations will be issued post-transaction.

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Form Type: 497VPI

Filing Date: 2025-02-28

Corporate Action: Merger

Type: New

Accession Number: 000119312525041269

Filing Summary: The document is a prospectus supplement for the Flexible Solutions VUL (2018) variable life insurance policy issued by The Guardian Insurance & Annuity Company, Inc. It provides important updates regarding a merger involving the Pioneer Equity Income VCT Portfolio, which will merge into the Victory Pioneer Equity Income VCT Portfolio. This merger, approved by the Board of Trustees of Pioneer Variable Contracts Trust, will take effect on April 1, 2025, transferring all assets and liabilities of the Target Fund to the Acquiring Fund. Following this transaction, the Target Fund will no longer be available for investment under the policy, and the Acquiring Fund will become the available option. Investors may adjust their premium payment allocations and transfer contract values prior to the transaction. Instructions for changing investment allocations and the impacts on administrative programs like Dollar Cost Averaging and Portfolio Rebalancing are also detailed. Importantly, no fees, charges, or tax liabilities will be incurred due to the transaction, and confirmations will be provided post-merger.

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Form Type: 497VPU

Filing Date: 2025-02-28

Corporate Action: Merger

Type: Update

Accession Number: 000119312525041284

Filing Summary: This document is a prospectus supplement for the Flexible Solutions VUL (2018) variable life insurance policy issued by The Guardian Insurance & Annuity Company, Inc. It details a merger where the Pioneer Equity Income VCT Portfolio (the 'Target Fund') will merge into the Victory Pioneer Equity Income VCT Portfolio (the 'Acquiring Fund') as per an Agreement approved by the Board of Trustees of Pioneer Variable Contracts Trust, subject to shareholder approval. This Transaction will occur on or about April 1, 2025. Post-Transaction, the Target Fund investments will transfer to the corresponding Acquiring Fund, effectively replacing it as an investment option. Investors may change their premium payment allocations until the Transaction Date. Additionally, for 30 days after the Transaction Date, transfers from the Acquiring Fund to other investment options can be made without incurring fees. Confirmation of transfers will be provided, and the document emphasizes the absence of fees or tax liability due to the transaction. It also mentions impacts on administrative programs such as Dollar Cost Averaging and Portfolio Rebalancing.

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