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Fast track your super

Taking a few minutes to get your super sorted can help you move towards a better future. Here’s seven tips to get started.

Tip 6: Update your beneficiaries

Leaving your money in the right hands is an important matter that’s often overlooked. By nominating a beneficiary, you’re helping to ensure where your super will go to when you’re no longer here. There are two options for nominating a beneficiary:

Binding nominations

A valid binding nomination means we’re legally bound to pay out your super benefits according to your instructions. It’s as simple as downloading a form, filling it out, having it witnessed and sending it back to us.

Non-binding nominations

A non-binding nomination tells us who you would prefer to get your super benefits, and we’ll take it into consideration. You can make a non-binding nomination online.

Already nominated a beneficiary?

Your circumstances or the important people in your life may have changed. So, it’s good practice to review your beneficiary nomination, at least every year, to make sure it still reflects your situation today. Log in to check your beneficiary nominations.

Important information

This information has been prepared by NULIS Nominees (Australia) Limited ABN 80 008 515 633, AFSL 236465 (NULIS), as trustee of the MLC Super Fund ABN 70 732 426 024. NULIS is part of the Insignia Financial Group of companies comprising Insignia Financial Ltd ABN 49 100 103 722 and its related bodies corporate (Insignia Financial Group). This information is general in nature and does not take into account your objectives, financial situation and needs. Before acting on any of this information you should consider its appropriateness, having regard to your objectives, financial situation and needs. You should consider obtaining financial advice before making any financial decisions based on this information. It is recommended that you consider the relevant Product Disclosure Statement (PDS) relevant Insurance Guide and Target Market Determination (TMD) before you make any decisions about your superannuation or insurance. You can obtain the latest copy of the PDS (or other disclosure documents) and TMD by calling us on 132 652 or by searching for the applicable product at mlc.com.au. Any general tax information provided is intended as a guide only and is based on our general understanding of taxation laws. It is not intended to be a substitute for specialised taxation advice or an assessment of your liabilities, obligations or claim entitlements that arise, or could arise, under taxation law, and we recommend you consult with a registered tax agent.

Opinions constitute our judgement at the time of issue and are subject to change. Neither NULIS nor any member of the Insignia Financial Group accept responsibility for any loss or liability incurred by you in respect of any error, omission or misrepresentation in the information in this communication.

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