Your super is likely to be one of the largest assets you'll ever own, and it could include an insurance benefit if you pass away. Under Australian law, your super isn’t automatically included in your estate, so making a will isn’t enough. That's why it's important to nominate beneficiaries — it can help ensure your super ends up in the right hands.

Why should I nominate a beneficiary?

Nominating beneficiaries is the only way to have your say on who you'd like your super to go to — your will does not cover super under Australian law. Without a nomination, we'll follow the standard legal procedures to select a beneficiary for you (either one of your dependants or your legal personal representative).

Nominating a beneficiary provides clarity and prevents confusion or hassle for your loved ones in the event of your death. That's why it's important to make your nomination and ensure it's always up to date.

Who can I nominate?

You can generally nominate one or more of the following as your beneficiary:

  • your spouse (legal or de facto)
  • your children (including step, adopted or ex-nuptial children)
  • your estate, to be distributed per your will
  • a person who is financially dependent on you at the date of your death
  • a person with whom you have an interdependency relationship.

For full details and definitions, read our Nominate your beneficiaries fact sheet.

Download fact sheet

How do I nominate my beneficiaries?

First you'll need to decide what type of nomination you're going to make. There are four options:

Option 1 - Binding lapsing

Option 2 - Binding non-lapsing

Option 3 - Non-binding

Option 4 - Reversionary

Keep your nomination up to date

Life is always changing — it's important to make sure your nomination is up to date with your circumstances, so your money goes to the right people. Many life events may prompt you to update your nomination. These include:

  • marriage or moving in with a partner
  • the birth or adoption of a child
  • becoming a step-parent
  • divorce or separation
  • the death of a dependant.

You can change or update your beneficiary nomination at any time by completing a Death benefit nomination form.

Download form

Tax on death benefit payments

Tax may be payable by beneficiaries on some death benefit payments. Usually, no tax is payable if your beneficiary falls under the definition of ‘dependant’ for tax purposes. Dependants for tax purposes include your:

  • spouse or de facto
  • former spouse
  • children under age 18
  • a person who is partially or wholly financially dependent on you at the date of your death.

For more details on tax on death benefits, please read the relevant section in our Death benefit nomination form.

Download form

How do I make a death benefit claim?

Losing a loved one is always difficult. The last thing you need is additional stress, which is why we’re here to help you work through a death benefit claim from start to finish. If you're a beneficiary of a deceased NGS member or the executor of a will, the first step is to call us on 1300 133 177. We'll provide everything you need for the handling of the claim.

Advice services

As a member of NGS, you have access to our dedicated advice services. Our expert advice team can help you make sense of your finances, and guide you to achieving the goals you have, whether big or small.

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