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If you pass away, who gets your super?

Your super is your money, even when you pass away, but it doesn’t automatically end up in your will. You need to nominate a beneficiary - instructions for who gets your super savings, along with any insurance benefits that come your way.

It only takes a minute to nominate a beneficiary online.

With a plan in place, your money goes to the person or people you nominate.*

*If your situation is complicated, consider specialised advice for your personal circumstances.

How to nominate a beneficiary online

Here’s how to nominate a beneficiary. All you need is online access to your account. Once that’s set up with a username and password, you can follow these three easy steps.

Log into Member Online

Member Online allows you to access everything you need to take control of your super, including nominating a beneficiary.

Go to Activities and inbox

Once you’re logged into Member Online, make your way to 'Activities and inbox'.

Nominate a beneficiary

Nominating should only take a minute, so do it now so everything’s in order for you and your loved ones.

Who can be a beneficiary?

You get to choose who you want to be your beneficiary.

It can be:
 

  • Your spouse or de facto spouse
  • Your children, including step-children and adopted children of your spouse
  • A person who lives with you in a close personal relationship and depends on you financially
  • A legal personal representative

Your beneficiary nomination options

There are a few different ways you can nominate a beneficiary, depending on what’s best for your personal situation.

Here at Aware Super, we offer:
 

  • Binding non-lapsing nomination (online)
  • Binding lapsing nomination
  • Reversionary nomination
Binding: Non-Lapsing (online)

Make a binding non-lapsing nomination online

Time estimate: 1 minute

When you make a non-lapsing nomination, it remains in place unless you decide to change it with a new nomination.

  • A non-lapsing nomination is a permanent nomination unless you revoke it
  • You can make a new nomination any time you need


Non-binding nomination

Non-binding nominations are no longer available with Aware Super, as they aren’t legally binding. If you still have a non-binding nomination with us, you should upgrade to a stronger binding nomination.

Make a binding lapsing nomination

A lapsing nomination has an expiry date, so you need to re-confirm your nomination before it expires.

  • A lapsing nomination expires three years after you make it
  • You need to reconfirm your beneficiary every three years before the expiration date
  • We’ll let you know when it’s about to expire so you can reconfirm it, unless you wish to change or revoke it


Non-binding nomination

Non-binding nominations are no longer available with Aware Super, as they aren’t legally binding. If you still have a non-binding nomination with us, you should upgrade to a stronger binding nomination.

Make a reversionary beneficiary nomination

When you have set up an income stream from a retirement account, a reversionary beneficiary nomination ensures the person you’ve nominated receives your pension payments.

You can only nominate:

  • Your spouse, or
  •  De facto spouse


Your pension payments will go to your beneficiary, paying the same amount and with the same frequency until the balance runs out. There is a transfer balance cap that applies to reversionary beneficiary nominations

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