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What Happens To Your Superannuation When You Die?

Superannuation is not like other assets as it is held in trust by the trustee of the superannuation fund.

Superannuation is not like other assets as it is held in trust by the trustee of the superannuation fund.

When you die, it does not automatically form part of your estate but instead, is paid to your eligible beneficiaries by the fund trustee according to the rules of fund, superannuation law, and the death nomination you made.

Click link to continue reading: October 2021 Newsletter