Binding death benefit nomination

Legally-enforceable nomination requiring a fund trustee to pay superannuation death benefits to the dependants nominated on a fund member’s binding death nomination form. With a binding nomination, the fund trustees’ usual absolute discretion regarding the payment of superannuation death benefits is removed.

Members can only make a binding nomination to pay their superannuation death benefits to their dependants (as defined in superannuation law) or to their legal personal representative.

Funds are not legally required to provide members with the ability to make binding death benefit nominations. (See Non-binding death benefit nominations)
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