It’s important that your super fund has your up-to-date contact details so your annual statements are sent to the right address.
It’s also critical that they have your tax file number so that the correct amount of tax is paid.
Most super funds also encourage you to make a death benefit nomination that guides your super fund’s trustee on how you would like your death benefit to be distributed if you die.
Most super funds allow you to make a binding nomination, but these need to be refreshed every three years or they lapse. If this happens, the trustee of your super fund will be the one deciding who receives your super death benefit.
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