#10076
Awan Hammad
Participant

    Hi SP

    Given the $ and issues involved the trustee should get professional advice.

    I assumme the surviving member is the spouse of the deceased and is entitled to receive the superannuation as a death benefit.

    Yes a spouse can receive a death benefit as a pension and or lump sum payments under SIS regulation 6.21(2) – (3). If the lump sum payments are more than 2 payments this would technically be a breach of this regulation.

    Thanks

    The Auditors Institute

    LOGIN

    New to this site? Sign Up

    We have upgraded our website for a better experience.

    Because of this upgrade, all members need to change their password to access their account by clicking the Forgot Password button below.

    Thank you and we look forward to your continued support!