Nomination of Beneficiaries Form

Nomination of Beneficiaries Form
Use this form to nominate who receives your superannuation benefit in the event of your death. Print clearly in
BLOCK LETTERS.
1. Personal details
If you would like more details about how we collect, use and disclose your personal information, you can access the Trustee’s privacy policy at
www.russellinvestments.com/au/privacy or call us on 1800 555 667.
a. Title (please select)
Mr Mrs Miss Ms Dr Other b.Surname
c. First name(s)
e. Member / Investor number
d. Date of birth (DD MM YYYY)
Tick this box if there are NO changes to your personal contact details below.
f.Address
State g. Work telephone
Postcode h. Home telephone
i. Mobile telephone*
j.Email*
k. Secondary email *
*By providing your email address and/or mobile telephone you are confirming that you consent to receive future communications, where practical,
electronically or by SMS. This includes news and updates about superannuation, as well as links to online information, for example personal
information in the online login area.
2. Search for your super
Tick this box to provide consent for us to search for your super.
By ticking this box, you are consenting that the Trustee of the Russell SuperSolution (Russell SuperSolution) Master Trust can use your Tax File Number
(TFN) to search for other superannuation accounts you may have, now and in the future, using a facility provided by the Australian Taxation Office (ATO). If
the ATO search reveals that you have accounts with other funds, we will contact you about consolidating them into your Russell SuperSolution account.
IN PREPARING THIS FORM THE TRUSTEE HAS NOT TAKEN INTO ACCOUNT THE INVESTMENT OBJECTIVES, FINANCIAL SITUATION AND PARTICULAR NEEDS (FINANCIAL
CIRCUMSTANCES) OF ANY PERSON. ACCORDINGLY, BEFORE ACTING ON ANY ADVICE, YOU SHOULD ASSESS WHETHER THE ADVICE IS APPROPRIATE IN LIGHT OF YOUR
OWN FINANCIAL CIRCUMSTANCES.
TOTAL RISK MANAGEMENT PTY LIMITED ABN 62 008 644 353, AFSL NO. 238790, TRUSTEE OF THE RUSSELL SUPERSOLUTION MASTER TRUST ABN 89 384 753 567.
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3. Nomination of beneficiaries
lease specify the type of dependant for each person and indicate the percentage of your benefit you wish to allocate to each person listed. For more
P
information please refer to the back of the form to the Nomination of Beneficiaries section.
The total proportions nominated must equal 100% and only whole percentages may be used.
Types of dependants include spouse, child, financial dependant or person who is interdependant. You may also nominate your estate. It is important to
note that each person you nominate must qualify as a dependant.
My nomination of beneficiaries:
1. Name of beneficiary
Type of dependant
% of benefit
.00 %
2. Name of beneficiary
Type of dependant
% of benefit
.00 %
3. Name of beneficiary
Type of dependant
% of benefit
.00 %
4. Name of beneficiary
Type of dependant
% of benefit
.00 %
5. Name of beneficiary
Type of dependant
% of benefit
.00 %
6. Name of beneficiary
Type of dependant
% of benefit
.00 %
7. Name of beneficiary
Type of dependant
% of benefit
.00 %
8. Name of beneficiary
Type of dependant
% of benefit
.00 %
Total =
1
0
0 .00 %
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3. Nomination of beneficiaries (continued)
Please mark one option only and complete the relevant details.
Type of beneficiary nomination. Please mark one option only and complete the relevant details:
Option 1 – Preferred nomination (non-binding)
The beneficiaries nominated by me on this form are people who I understand may receive my Death Benefit in the event of my
death, but I acknowledge that the Trustee of Russell SuperSolution is not bound by my nomination.
Member/investor signature
Date (DD MM YYYY)
Member/investor name
OR
Option 2 – Binding nomination
The beneficiaries nominated by me on this form are people who I understand will receive my Death Benefit in the event
of my death, because the Trustee is bound by my nomination as long as my nomination remains valid. Note: A binding
nomination must be updated/confirmed at least every three years. I acknowledge that if my nomination becomes invalid or
expires, the Trustee is not bound by my nomination.
You need to sign and date your nomination in the presence of two witnesses.
Member/investor signature
Date (DD MM YYYY)
Member/investor name
Witness 1 signature
Date (DD MM YYYY)
Witness 1 name
Witness 2 signature
Date (DD MM YYYY)
Witness 2 name
By completing the above, your witnesses make the following declarations:
» I am at least 18 years of age.
» I am not a nominated beneficiary.
» I have witnessed the signing and dating of this form by the member.
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4. Additional information
You should nominate how you would prefer your benefit to be paid in the event of your death.
a. Who can you nominate
I. Who can receive your benefit in the event of your death?
You can pay your benefit to:
» your estate, or
» nominated beneficiary(ies), or
» a combination of your estate and your nominated beneficiary(ies).
Any beneficiary you nominate must be either your legal personal representative (i.e. the executor or administrator of your estate) or a dependant at
the date of your death.
If you nominate your estate or legal personal representative, your benefit will be paid according to your Will (or according to the law of your state or
territory if you have no Will).
II. Who qualifies as a dependant?
In terms of superannuation law, the people that you are able to nominate to receive your Death Benefit are:
» your spouse (including de facto of the same or different sex);
» your children (including step, adopted, and ex-nuptial children, or a child of your spouse);
» any person who is financially dependent on you;
» any person with whom you have an interdependency relationship including:
» any person with whom you have a close personal relationship and live with where one or both of you also provide ongoing financial support,
domestic support and personal care; and
» any person with whom you have a close personal relationship where, because of a disability, the above requirements of living together, financial
support, domestic support and personal care are not able to be satisfied.
b.Types of nominations
You can choose to make a preferred nomination (Non-binding) or binding nomination.
I. What is a preferred nomination (non-binding)?
» When you make a preferred nomination (non-binding), the Trustee will take into consideration any nomination you make. However, in this case, the
Trustee has final discretion in deciding who will receive your superannuation benefit when you die.
» It should be updated if your circumstances change.
» It requires no witness signatures.
II. What is a binding nomination?
» When you make a valid binding nomination, you decide who receives your benefit when you die, and how much of the benefit they receive.
» It will be treated as a binding nomination for three years from the date the nomination is made. This nomination reverts to being a preferred
nomination (Non-binding) after the three-year period, if the nomination is not extended by lodging a new binding nomination request.
» It requires two witness signatures. Witnesses must be aged over 18, must not be one of your nominated beneficiaries and must be present when
you sign the form. If the witnesses sign and date the form on a different date to your signature, the nomination will be invalid.
» An invalid binding nomination will be treated as a preferred nomination (Non-binding) by the Trustee and will not revoke or replace an existing,
valid binding nomination.
Note: If you do not make a valid nomination, the Trustee will have final discretion in deciding who will receive your superannuation benefit when you die.
You should refer to the current Product Disclosure Statement for more information about who qualifies as a dependant and how to make a
binding nomination.
It is important to note that each person you nominate must qualify as a dependant.
Please return this form to:
Russell SuperSolution
Locked Bag A4094
Sydney South NSW 1235
1800 555 667
[email protected]
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