New Beneficiary information

Important notes to read when completing this form:

• Complete all sections of this form unless you are cancelling an existing beneficiary nomination (in which case, complete sections 1, 2, 5 and 6 as applicable).

• Ensure total allocation for beneficiaries equals 100%.

• Each beneficiary allocation can be up to 2 decimal places.

• It is mandatory for the applicant and witnesses to sign and date the form on the same day in each other’s presence.

• You can nominate dependant(s), your legal personal representative, or a combination of both. If you nominate your legal personal representative, it is important that you have a valid will and keep it up-to-date, as the Trustee must pay your death benefit to your estate.

• If any of the nominated beneficiaries on this form die before you do or, no longer qualify as your dependant at the time of your death, your nomination will be invalid.

• If you exceed the number of beneficiaries, please provide the same membership details on a separate form with any additional beneficiaries.

• Dependants include the following: - Spouse, including de facto partners and legal same-sex partners - Child, including child of a spouse - Interdependent, including someone who shares with you a close personal relationship, lives together with you, one or each of you provides the other with financial support, and one or each of you provides the other with domestic support and personal care - Any other person who the Trustee considers was financially dependent on you at the date of your death. - Please note that any nominated beneficiaries must fall under one of the above categories.

• We will not accept a binding beneficiary nomination made under a power of attorney.

Forms

NOMINATING A BENEFICIARY
Your account balance is paid to your beneficiaries or your estate
if you die. Generally, it will be paid as a lump sum (unless you
nominate a reversionary beneficiary in relation to a pension
account or your beneficiary requests that payment be made in
the form of a pension).
Generally, the law restricts who can be a beneficiary to either your
dependants or your estate.

WHO CAN YOU NOMINATE?
You can nominate one or more of your dependants or your legal
personal representative (either the executor under your will or
administrator for your estate) to be the recipient of your death
benefit.
A dependant under super law includes:
your spouse (including a de facto spouse whether of the
opposite or same sex)
your children (including an adopted child, a stepchild, or
ex-nuptial child)
any person who is financially dependent on you
any person with whom you have an interdependency
relationship.
If a child beneficiary receives pension payments when you die,
the pension can only continue to be paid while the child is:
under 18,
between 18 and 25 and financially dependent upon you, or
disabled (as defined by law).
If you have nominated a beneficiary on your account, details of
your nomination (including the date your nomination expires,
where applicable) is shown on your annual member statement.
You may revoke or update your beneficiary nomination at any
time by writing to the Trustee.

WHAT TYPES OF NOMINATIONS CAN YOU MAKE?

BINDING BENEFICIARY NOMINATIONS
A binding death benefit nomination is a written direction to the
Trustee that sets out the dependants and/or legal personal
representative, as nominated by a member, to receive his/her
benefit in the event of the member’s death.
When you make a valid binding nomination thatremains valid and
effective at the time of your death, the Trustee will follow your
nomination as to who receives your benefit when you die, and
how much of the benefit they receive. The Trustee cannot pay
your benefit to a person you have nominated if they are not a
dependan