Get the free BINDING NOMINATION OF BENEFICIARIES FORM

Issued 1 July 2023 Fund ABN 45 960 194 277 | USI 45 960 194 277 010NONBINDING NOMINATION OF BENEFICIARIES FORM Complete this form to make a nonbinding nomination in relation to your Future Super account.

How to fill out binding nomination of beneficiaries

How to fill out binding nomination of beneficiaries

1. Obtain the necessary form for binding nomination of beneficiaries from your superannuation fund.
2. Fill in your personal details including your full name, address, date of birth, and member number.
3. List the beneficiaries you wish to nominate, including their full names, relationship to you, and their percentage share of your benefit.
4. Sign and date the form in the presence of two witnesses who are over the age of 18 and not listed as beneficiaries.
5. Return the completed form to your superannuation fund to have it processed and added to your account.

Who needs binding nomination of beneficiaries?

1. Individuals who want to ensure that their superannuation benefits are distributed according to their wishes after their passing.
2. People with specific family members or dependents that they want to provide for using their superannuation funds.

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What is binding nomination of beneficiaries?

Binding nomination of beneficiaries is a legal document that allows a superannuation fund member to specify who will receive their superannuation benefits in the event of their death.

Who is required to file binding nomination of beneficiaries?

Superannuation fund members are required to file a binding nomination of beneficiaries if they want to ensure that their superannuation benefits are distributed according to their wishes.

How to fill out binding nomination of beneficiaries?

To fill out a binding nomination of beneficiaries, the superannuation fund member must complete the necessary form provided by their superannuation fund and include the details of the nominated beneficiaries.

What is the purpose of binding nomination of beneficiaries?

The purpose of binding nomination of beneficiaries is to provide clarity and certainty regarding the distribution of a superannuation fund member's benefits upon their death.

What information must be reported on binding nomination of beneficiaries?

Binding nomination of beneficiaries must include the full names, dates of birth, and relationship to the superannuation fund member of the nominated beneficiaries.