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Nomination of beneficiary Superannuation Important information This form may be posted to: Resolution Life, Locked Bag 5075, Parramatta NSW 2124 Contact phone number: 133 731 between 9 am and 5 pm
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Nomination of beneficiaries for a pension plan refers to the process of designating one or more individuals who will receive the pension benefits in the event of the plan holder's death.
Typically, all individuals participating in a pension plan are required to file a nomination of beneficiaries to ensure that their benefits are distributed according to their wishes.
To fill out the nomination of beneficiaries for a pension, one must obtain the appropriate form from the pension provider, provide required personal information, and clearly list the chosen beneficiaries with their details.
The purpose of the nomination of beneficiaries in a pension plan is to ensure that the benefits are passed on to the intended individuals, avoiding complications and disputes after the pension holder's death.
The information typically required includes the names, addresses, and relationship of the beneficiaries to the pension holder, as well as any relevant identification numbers.
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