Ties that bind

It's not the happiest subject - but it's super important...who will get your super when you die? To be more certain it will go to the people you want, you can sign a binding death benefit nomination.

 

It's a good way to make sure your loved ones are looked after, no matter what happens - here's how it works.

 

 

 

Do I have to choose someone?

It's completely up to you — you have three choices.

 

A beneficiary is a person who's entitled to get your super. 

If you don't name a beneficiary, HESTA makes the decision on who gets your super – and that might not be what you want.

 

Naming a preferred beneficiary can help HESTA decide who will get your super, but it doesn’t mean your preferred person will receive it.

A few quick things to know:

  • It is non-binding.
  • You can update or remove your beneficiaries at any time.
  • You may want to consider how the benefit might be taxed when nominating a beneficiary. For more information, read How super is taxed.

 

This means that when you die, HESTA must give your super to the person (or people) you've nominated, as long as your nomination is valid.

A few quick things to know:

  • You need to update your binding nomination every three years to keep it active.
  • You can update or cancel it at any time.
  • You may want to consider how the benefit might be taxed when nominating a beneficiary. For more information, read How super is taxed.

 

 

 

I want to be sure who will get my super — what do I need to do?

Here are three simple steps to making a binding nomination.

 


 
Check who can receive your super
Double check who fits the bill — read the list in How super works
 
 

 
Tell us who you've chosen
 Ready to choose? Fill in this form, sign it in front of two witnesses and post it back to us.
 
 

 
We'll give you a thumbs up (or a call)
Once you've chosen an eligible beneficiary, we'll get in touch to confirm your choice.
 
 

 

 

 

Make sure your loved ones are looked after

Nominate a binding death beneficiary today