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Binding death benefit nomination - TWUSUPER

WHO WILL GET YOUR benefit IF YOU DIE?In the event that you die without a valid reversionary beneficiary nomination (only applicable for TransPension accounts) or a valid Binding death benefit nomination in place, TWUSUPER (the Trustee) will be required to exercise its discretion and either pay your entire death benefit to your estate or decide on payment of your death benefit to any one or more of your Binding death benefit nomination is a Binding direction from you to the Trustee to pay any death benefit to your estate or to one or more dependants nominated by you and in the proportions that you have you make a Binding death benefit nomination and it is still valid and in effect at the event of your death , the Trustee will be bound to follow it and pay your death benefit to your estate or the Dependants you have nominated and in the proportions specified by OF A DEPENDANTThe persons you nominate must be your dependant or legal personal representative (that is, the executor or administrator of your estate).

A binding death benefit nomination is a binding direction from you to the Trustee to pay any death benefit to your estate or to one or more dependants nominated by you and in the proportions that you have specified. If you make a binding death benefit nomination and it …

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