Estate planning

Estate planning - Like to change your beneficiaries?

After the family home, super is probably the largest investment you have built up over the years. It can easily be a substantial amount of money. If you have made a will, it does not cover your super under Australian law.

When you joined NGS Super you may have nominated your preferred beneficiaries. It is important to review this regularly and update it if your circumstances change. The Trustee will use your nomination as a guide. However, the Trustee has discretion to decide who is to receive your death benefit. NGS Super also provides a binding nomination option. If you have a valid binding nomination at the time of death, the Trustees must pay your benefit according to your nomination.

How to do it

It’s simple. Update your preferred beneficiaries by completing and returning a Beneficiary nomination form.

To make a binding nomination, complete and return the Binding Nomination form.

Are you an executor of a will?

The first thing to do is call NGS Super on 1300 133 177.

We'll take you through the steps you need to complete and send you the right form for handling the deceased person's super.