Nominating beneficiaries

Nominating beneficiaries

Make sure your super goes where you want it to

Nominating a beneficiary lets you have your say about who receives your super if you pass away. We look at the pros and cons of nomination choices.

Binding nomination

A binding nomination means no surprises. As long as it’s valid at the time of your death, your super fund has to do exactly what it says.

There’s a bit more paperwork involved as you’ll need to complete the binding beneficiary nomination form and have it witnessed.

A binding nomination is only valid for three years. This might seem frustrating if your beneficiaries never change but could be a blessing in disguise if something happens to make you reconsider.

If you change your mind at any time, you’ll need to fill out a new form to update us.

Make a binding nomination >

Non-binding nomination

You can make a non-binding nomination quickly and easily through MemberOnline.

This type of nomination acts as a guide only, so there’s a chance your super and insurance benefit could end up going to someone other than who you nominated.

A non-binding nomination is indefinite, so if you change your mind for any reason, you’ll need to change your nomination too.


Choosing your beneficiaries

There are some rules about who can receive your super – and therefore be nominated as your beneficiary.

The person you choose must be:

  • Your dependant, such as a spouse (of any sex)
  • Your child or someone you have an interdependent relationship with
  • Your legal personal representative, such as the executor of your will or administrator of your estate.

These rules apply for both binding and non-binding nominations.