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Binding death benefit nomination fact sheet For Super and Pension members A binding death benefit nomination is a written direction to Australian Ethical Superannuation Pty Ltd as the Trustee outlining

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How to fill out binding death benefit nomination

01

Obtain the required form for binding death benefit nomination from your superannuation fund.

02

Fill in your personal details including full name, date of birth, and address.

03

Nominate the beneficiaries who will receive your superannuation benefits in the event of your death.

04

Specify the percentage of your superannuation benefit that each beneficiary will receive.

05

Sign and date the form in the presence of two witnesses who are over 18 years old and not nominated as beneficiaries.

Who needs binding death benefit nomination?

01

Anyone who wants to ensure that their superannuation benefits are distributed according to their wishes upon their death.

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What is binding death benefit nomination?

A binding death benefit nomination is a written direction given by a superannuation fund member to the trustee of the fund, specifying who should receive their superannuation benefit in the event of their death.

Who is required to file binding death benefit nomination?

Any superannuation fund member who wishes to have control over who receives their superannuation benefit upon their death is required to file a binding death benefit nomination.

How to fill out binding death benefit nomination?

To fill out a binding death benefit nomination, a superannuation fund member must complete the relevant form provided by their fund, select their preferred beneficiaries, and submit the form to the fund trustee.

What is the purpose of binding death benefit nomination?

The purpose of a binding death benefit nomination is to ensure that a superannuation fund member's wishes regarding the distribution of their superannuation benefit are followed in the event of their death.

What information must be reported on binding death benefit nomination?

A binding death benefit nomination must include the full names, dates of birth, and relationship to the member of each nominated beneficiary.

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