Making sure your loved ones are taken care of

ESSSuper - 15 May 2024

It can be tough to think about, but it's important to understand what can happen to our super when we die.

Because of the way super legislation works, even if you have a will, your super may be distributed in ways you didn't plan for in the event of your death.

It's much better for everyone if you make clear what your plans are in the event that something happens to you. Nominating beneficiaries is a formal way of telling your super fund how your benefits should be distributed, and there are some complexities involved in the process.

In this Exploring Super podcast, we talk to Member Education Consultant Matt Cervetto about what you can do to help make sure your loved ones are supported.

Benefits in ESSSuper's Accumulation Plan, Income Streams and Beneficiary Account products are not guaranteed or underwritten by the Victorian Government or ESSSuper, and ESSSuper does not come under the jurisdiction of the Australian Financial Complaints Authority.

Emergency Services Superannuation Board (ABN 28 161 296 741) (ESSB), the Trustee of the Emergency Services Superannuation Scheme (ABN 85 894 637 037) (ESSSuper).

The information contained in this article and podcast is of a general nature only. It should not be considered as a substitute for reading ESSSuper's Product Disclosure Statement (PDS) that contains detailed information about ESSSuper products, services and features. Before making a decision about an ESSSuper product, you should consider the appropriateness of the product to your personal objectives, financial situation and needs. It may also be beneficial to seek professional advice from a licensed financial planner or adviser. An ESSSuper PDS is available at esssuper.com.au/pds or by calling 1300 650 161.