Section D – Nomination of beneficiary (non–binding)
Please (✔) tick the appropriate box, complete details and sign in Section H.
Indicate how you would like your benefit to be paid
I wish to nominate a beneficiary on my account (please read the section ‘Important information about beneficiary
nominations’ and then complete ‘Indicate how you would like your benefit to be paid’ below) and/or
I wish to revoke any previous beneficiary nomination made in respect of my account
Who is a dependant?
Under the Fund Trust Deed, a dependant includes:
• a spouse, including a person (whether of the same or a different sex) with whom you are living on a genuine domestic basis in a
relationship as a couple and a person with whom you are in a relationship registered under State or Territory law
• a child of any age (including an adopted child, step child or an ex-nuptial child, a child of your spouse and your child within the
meaning of the Family Law Act 1975)
• a person with whom you have an interdependency relationship
• a person financially dependent on you.
Under superannuation law, an ‘interdependency relationship’ will exist where two people (whether or not related by family) meet
all of the following conditions:
• they have a close personal relationship
• they live together
• one or each of them provides the other with financial support, and
• one or each of them provides the other with domestic support and personal care.
There may also be an interdependency relationship where two people have a close personal relationship and either or both of
them suffer from a physical, intellectual or psychiatric disability. In this circumstance, there is no requirement for cohabitation or
for provision of financial or domestic support.
Important information about beneficiary nominations
Do not complete this section if you have a reversionary beneficiary (binding) in place. This information is available on your
Annual Statement or simply call 13 2015, between 8.30am and 6pm (Sydney time), Monday to Friday.
Please note: Upon notification of your death, we will move your whole account balance to the Commonwealth Savings
investment option. Your benefit will remain in this investment option until such time as the Trustee makes a decision as to who
will receive your benefits.
The Trustee has absolute discretion when distributing death benefits but will take your nomination into account. You may
nominate anyone who is a ‘dependant’ as defined in the Trust Deed and/or your estate (i.e. your legal personal representative).
If the person whose name is specified below differs from a previous appointment made by you, the previous appointment(s) will
be automatically revoked.
Lump sum nomination
Full name
Relationship to your (spouse, child,
interdependant, financial dependant) Date of birth
Share of
benefit
%
%
%
%
My Estate (i.e. legal personal representative) %
100%
Pension nomination (a pension cannot be paid to your Legal Personal Representative)
Full name
Relationship to your (spouse, child,
interdependant, financial dependant) Date of birth
Share of
benefit
100%
Although children generally qualify as dependants, a child aged 18 or over can only receive a pension if the child is financially
dependent on you at your death and under age 25, or suffers from certain types of disability. Where a child aged 18 or over receives a
pension, unless the child suffers from a relevant disability, the pension must be cashed as a lump sum when the child turns 25.
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