Q: Thanks for your recent valuable information about reversionary pensions. I am aged 52 and my wife is 46. We have our superannuation in AustralianSuper and my balance is $900,000 and hers is $300,000. If I were to pass away, can my wife start a reversionary pension when she turns 60? Is she, for instance, allowed to keep the super balance for 14 years in my name and then start a reversionary pension? Or is she forced to withdraw the amount in full upon my death? Also, there is an insurance policy of another $800,000 inside the super. How will that be paid to my wife? Can that also be transferred to the super fund in her name or kept inside the superannuation fund upon my death? John.

A: The short answer is that “no”, your wife cannot keep your AustralianSuper balance for 14 years in yo

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