Market value reduction definition
Market value reduction means an adjustment we can apply. It will reduce the value of your account when you make a partial (including regular withdrawals) or total withdrawal.
Market value reduction when you cash it in. So, this means that the amount you might get back may be less or more than the amount we told you on your last bonus statement. (To find out more about this, see the next section ‘What is a Market Value Reduction?’)