Monthly Archive: July 2011

Jul
25

Binding Death Benefit Nominations for Public Offer Superannuation Funds

What is a Binding Death Benefit Nomination (BDBN)? A valid BDBN binds the trustee of the superannuation fund to pay the deceased’s death benefits to the nominee stated in the BDBN. It should not be confused with a non-binding death benefit nomination which is often made by a member when applying to join a super …

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