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Retirement Savings Accounts Act 1997
14What capital guaranteed means
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#### 14 What capital guaranteed means
(1) An RSA that is an account is capital guaranteed if the balance of the account may not be reduced by the crediting of any negative interest.
(2) An RSA that is a policy is capital guaranteed if the contributions and accumulated earnings may not be reduced by negative investment returns or any reduction in the value of assets in which the policy is invested.