Swiped right for the last time and off the dating apps for good? If a special someone has come into your life over the last few years, it may be worth reviewing the beneficiaries you’ve nominated to receive your super benefit in the event that you die.
While it’s not exactly the most romantic topic for Valentine’s Day, it’s an important one. There’s a common misconception you can leave your super to anyone but, legally, your super is designed to be passed to your dependants. A dependant could be your spouse, children, financial dependant, or interdependant.
If you die without nominating a beneficiary, Qantas Super will distribute your money between your dependants and/or your estate, via your legal personal representative. Leaving clear instructions about who gets your super, and making sure these instructions are up to date to reflect any big changes in your personal life, is one of the most important things to do.
You can review and update your beneficiaries online.