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                                                                EXHIBIT 99.14(a)


                         CONSENT OF INDEPENDENT AUDITORS

We consent to the reference to our firm under the caption "Financial Statements"
in the Proxy/Prospectus Statement included in the Registration Statement on Form
N-14 of the Touchstone Variable Series Trust to be filed on or about August 22,
2003 and to the use our report dated February 18, 2003 on the financial
statements incorporated by reference therein.


                                                 /s/ ERNST & YOUNG LLP


Cincinnati, Ohio
August 20, 2003