21/08/2026
🚶♀️➡️Before you head out this weekend, take five minutes to check your super — especially your Binding Death Benefit Nomination (BDBN). 🏃➡️
👩💻It’s the easiest “life admin” task you’ll do all week. Log in, look for Nominations or Beneficiaries, and make sure you’ve actually made a BDBN. It should only take 5 minutes to check what you have in place - then take a moment to read on and consider whether you need financial or legal advice about what to do next.
✨Why it matters:
🔹A BDBN tells your super fund exactly who should receive your super if you pass away. Without one, the trustee decides — not your Will, not your family, and not necessarily the person you intended.
☕It takes less time than grabbing your morning coffee, and it gives you certainty that your super will go where you choose.
💼Think Your Super Is Covered by Your Will? It Isn’t.
Superannuation doesn’t automatically form part of your estate.
It sits in a trust and is governed by superannuation law, which means your fund’s trustee decides who receives your superannuation death benefit — unless you have a valid Binding Death Benefit Nomination (BDBN).
❌Don’t be caught out by confusing terminology.
🔹Many people believe they’ve already made a Binding Death Benefit Nomination — but in reality, they’ve only completed a General or Non-Binding Nomination (which often but not always has to be renewed every 3 years).
🔹These General non-binding nominations simply “guide” the trustee and do not compel them to follow your wishes.
🔹Only a valid, correctly executed BDBN removes trustee discretion and ensures your super is paid to the people you intend.
🔹A BDBN must meet strict legal and fund requirements. If it doesn’t, it becomes non-binding — and the trustee has full discretion.
❎Without a valid BDBN:
🔹The trustee may pay your super to your estate or directly to a dependant
🔹They do not have to follow your Will
🔹Your wishes may not be honoured
🔹Disputes can arise
👉Keep It Current
🔹Most BDBNs lapse every three years. If they aren’t renewed, they become non binding. Some funds offer non lapsing nominations — but many don’t!.
🔹If your fund requires renewal every three years, consider whether a different fund may better suit your needs. Renewal can be missed due to oversight, lack of reminders, or loss of capacity.
❗Before switching funds, seek legal and financial advice. Rolling over your super may affect existing entitlements, especially if you have a current or potential income protection or TPD claim.
📌Tips:
✅Review your super fund’s nomination options. There are restrictions upon whom you can nominate. If the nomination you make is not valid, then it becomes non-binding on the Trustee.
✅Get advice on whether your BDBN is valid and appropriate from an estate planning and tax perspective.
✅Seek legal and financial advice before making changes.
✅Set reminders to renew your nomination if your fund requires it.
Disclaimer: General information only, not legal advice for your circumstances.
👉Contact Ward Legal Queensland for Wills and Estate Law - Estate Planning, Pre-Nuptial and During Relationship Binding Financial Agreements, Wills, Enduring Powers of Attorney, Probate, Letters of Administration and Estate Administration.
📨Email: [email protected]
☎️Phone: 07 3134 2796
📲 Mobile: 0424 839 273
🤳Website: https://wardlegal.au/