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Posted in BDBN

Superannuation Binding Death Benefit Nominations

Posted on 22 June 2013
Following the death of a member of a super fund the trustee is responsible for administering the members balance by way of payout to beneficiaries or by allocating to a reversionary pension. To remove this uncertainty we recommend that members consider a Binding Death Benefit Nomination. Many of our funds have non-binding nominations in place that can be used by the trustee as a guide when distributing death benefits. The problem is that ultimately with a non-binding nominatio...
Posted in: Superannuation SMSF BDBN Binding Death Benefit Nominations Planning 2013 Trustee Member Beneficiary Nomination Admin   0 Comments

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