Your super doesn’t automatically form part of your estate when you pass away – different laws apply. If you want your super and insurance benefits to be distributed the way you want, you need to let us know. This process is called nominating a beneficiary.
Types of beneficiaries you can nominate.
There are four types of ‘beneficiaries’ you can nominate to receive your super and insurance payments. You can select one or more from the options below and assign a percentage of the payment you want them to receive.
Spouse/Partner
Includes married and de facto (same or different sex) relationships.
Children
Your children of any age (including steps, adopted, ex-nuptial or children of your spouse).
Interdependent
Someone who lives with you on a long-term or permanent basis, where one or both of you provide financial and domestic support, and personal care of the other.
Financial Dependant
Someone who relies on you (totally or partially) for financial assistance or support. For example, you pay the bills, rent, etc.
What if I want my super to go to someone else?
If you want your super to go to someone who can’t be nominated as a beneficiary, such as a sibling or friend, you can nominate a Legal Personal Representative to receive your death benefit and distribute it. This is the executor of your Will, or the person responsible for administering your estate if you do not have a Will.
There are two ways to nominate a beneficiary: binding and non-binding
Nomination |
Non-binding |
Binding |
| What it means | This is a request only. Ultimately, the Trustee (First Super) decides who gets your super. | A legally binding request we must follow if you die (provided the nomination is valid). |
| Considerations |
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| How to nominate a beneficiary | Log in to your online account and go to ‘My details’ then ‘Beneficiaries’. | Download and complete the Nomination of Beneficiary Form. |