File No. 33-59447
                    U.S. Securities and Exchange Commission
                             Washington, D.C. 20549

                                   FORM N-14

                             REGISTRATION STATEMENT
                        UNDER THE SECURITIES ACT OF 1933

/ / Pre-Effective Amendment No.              /x/ Post-Effective Amendment No. 1
                        (Check appropriate box or boxes)
- -------------------------------------------------------------------------------
                  VARIABLE ANNUITY FUND I OF SOUTHWESTERN LIFE
               (Exact Name of Registrant as Specified in Charter)

Lincoln Plaza, 500 North Akard Street,         (214) 954-7111
Dallas, Texas 76201-3320                       (Area Code and Telephone Number)
(Address of Principal Executive Offices)                                

Daniel B. Gail, Esq.                     Copies to:  Cynthia W. Young, Esq.
Southwestern Life Insurance Company                  Wyatt, Tarrant & Combs
500 North Akard Street                               2800 Citizens Plaza
Dallas, Texas  75201                                 Louisville, Kentucky  40202
(Name and Address of Agent for Service)
- --------------------------------------------------------------------------------
                     SCUDDER VARIABLE LIFE INVESTMENT FUND
               (Exact Name of Registrant as Specified in Charter)

Two International Place,                       (617) 295-2567
Boston, Massachusetts 02110                    (Area Code and Telephone Number)
(Address of Principal Executive Offices)       

Thomas F. McDonough                   Copies to: Juris Padegs, Esq.
Scudder, Stevens & Clark, Inc.                   Scudder, Stevens & Clark, Inc.
Two International Place                          345 Park Avenue
Boston, Massachusetts  02110-4103                New York, New York  10154
(Name and Address of Agent for Service)
- -------------------------------------------------------------------------------
Approximate Date of Proposed Public Offering:  As soon as practicable  after the
effective date of this registration  statement.  It is proposed that this filing
will become effective immediately upon filing pursuant to Rule 488(b)(ix) under
the Securities Act of 1933.
- --------------------------------------------------------------------------------


     The  Registration  Statement  on Form N-14 of  Variable  Annuity  Fund I of
Southwestern  Life and Scudder  Variable Life Investment Fund, File No. 33-59447
(the  "Registration  Statement"),  is hereby  incorporated  by  reference in its
entirety.

     This Post-Effective Amendment No. 1 to the Registration Statement is filed
to amend the Registration Statement to include therein the signature page
executed by and on behalf of Variable Annuity Fund I of Southwestern Life.

Item 16. Exhibits.

The  following  exhibit  is  filed  as  part  of  this  Amendment  No.  1 to the
Registration Statement:

(16)   Powers of Attorney (filed herewith)


                               SIGNATURES


                  As required by the Securities Act of 1933,  this  Registration
Statement  has been signed on behalf of the  registrant,  in the City of Dallas,
and the State of Texas on the 8th day of May, 1995.

                  Registrant:      Variable Annuity Fund I of Southwestern Life

                                  By:   /s/  Alfred W. Kennon
                                        ------------------------------
                                        President and Secretary

                  As required by the Securities Act of 1933,  this  Registration
Statement has been signed by the following  persons in the capacities and on the
dates indicated:


               Signature                Title                                              Date
               ---------                -----                                              ----
                                                                                       
 /s/ Alfred W. Kennon                    President, (Chief Executive                        May 8, 1995
- --------------------------               Officer) and Secretary  
Alfred W. Kennon                                        


 /s/ Richard P. Pimsner                  Assistant Vice President (Chief Financial          May 8, 1995
- ---------------------------              and Accounting Officer)
Richard P. Pimsner                                        


 /s/ John T. Hull                        Member, Board of Managers of Variable              May 8, 1995
- -----------------------------            Annuity Fund I of Southwestern Life
John T. Hull                                         

 /s/ Lynn Craft                          Member, Board of Managers of Variable              May 8, 1995
- ------------------------------           Annuity Fund I of Southwestern Life
Lynn Craft                                         
 
                                         Member, Board of Managers of Variable              May 8, 1995
- ------------------------------           Annuity Fund I of Southwestern Life
Boone Powell, Jr.                                         

 /s/ Bill J. Priest                      Chairman, Board of Managers of Variable            May 8, 1995
- ------------------------------           Annuity Fund I of Southwestern Life
Bill J. Priest                                         



                               SIGNATURES


     As required by the Securities Act of 1933, this Post-Effective Amendment
No. 1 to this Registration Statement has been signed on behalf of the
registrant, in the City of Dallas, and the State of Texas on the 23rd day of
June, 1995.

                  Registrant:      Variable Annuity Fund I of Southwestern Life

                                  By:   /s/  Alfred W. Kennon
                                        ------------------------------
                                        Alfred W. Kennon,
                                        President and Secretary

                  As required by the Securities Act of 1933,  this  Registration
Statement has been signed by the following  persons in the capacities and on the
dates indicated:


               Signature                Title                                              Date
               ---------                -----                                              ----
                                                                                       
 /s/ Alfred W. Kennon                    President (Chief Executive                         June 23, 1995
- --------------------------               Officer) and Secretary  
Alfred W. Kennon                                        


 /s/ Richard P. Pimsner                  Assistant Vice President (Chief Financial          June 23, 1995
- ---------------------------              and Accounting Officer)
Richard P. Pimsner                                        


 /s/ John T. Hull                        Member, Board of Managers of Variable              June 23, 1995
- -----------------------------            Annuity Fund I of Southwestern Life
John T. Hull                                         

     *                                   Member, Board of Managers of Variable              June 23, 1995
- ------------------------------           Annuity Fund I of Southwestern Life
Lynn Craft                                         
    
                                         Member, Board of Managers of Variable              June 23, 1995
- ------------------------------           Annuity Fund I of Southwestern Life
Boone Powell, Jr.                                         

     *                                   Chairman, Board of Managers of Variable            June 23, 1995
- ------------------------------           Annuity Fund I of Southwestern Life
Bill J. Priest                                         


     * By   /s/ Alfred W. Kennon
          -------------------------
          Alfred W. Kennon, Attorney-in-fact,
          Pursuant to the Powers of Attorney filed as Exhibit 16 to this
          Registration Statement.
    



                           SIGNATURES

     Pursuant  to  the  requirements  of the  Securities  Act of  1933  and  the
Investment Company Act of 1940, the Registrant has duly caused this amendment to
its  Registration  Statement  to be  signed on its  behalf  by the  undersigned,
thereunto  duly  authorized,  in the  City of  Boston  and the  Commonwealth  of
Massachusetts on the 23rd day of June, 1995.

                                       Scudder Variable Life Investment Fund

                                       By: /s/ Daniel Pierce
                                           ---------------------------------- 
                                               Daniel Pierce, Vice President




SIGNATURE                            TITLE                                        DATE
- ----------                           --------                                     -----
                                                                            
     *
- ---------------------
David B. Watts                       President (Principal Executive Officer)      June 23, 1995
                                     and Trustee

     *
- ---------------------
Daniel Pierce                        Trustee                                      June 23, 1995

     *
- ---------------------
Dr. Kenneth Black, Jr.               Trustee                                      June 23, 1995

     *
- ---------------------
Peter B. Freeman                     Trustee                                      June 23, 1995

     *
- ---------------------
Dr. J.D. Hammond                     Trustee                                      June 23, 1995

     *
- ---------------------
Pamela A. McGrath                    Treasurer                                    June 23, 1995
                                     (Principal Financial and Accounting
                                     Officer)

     * By  /s/ Sheldon Jones
          -----------------------
          Pursuant to the Power of Attorney dated May 8, 1995
          and included on the signature page of Scudder Variable Life
          Investment Fund in this Registration Statement