Well done APRA with yr statistics!! Now how about doing another study on what percentage of Death Benefits goes to the person nominated by the deceased. That would be very interesting. Having had my son's Superannuation and Death benefit paid contrary to his nomination and his Will I have spoken to a lot of people who have had the same outcome as we have with REST. Doesn't do much good for the family when dealing with the death of their child, brother, uncle and having to find the money for a funeral, burial plot, pay off his car, credit card etc when it is given to some young girl who has known him only a short time (there is no minimum time under Superannuation Legislation as there is in family law) and Industry Super Funds don't pay anything towards the funeral and the earliest the Super Funds finalize the distribution of the deceased's Super and Death Benefit is 6 months. (In our case 12 months). We need this info APRA and we need to know what percentage the Insurance Companies refuse to pay out on. How about APRA doing a comparison with Retail Funds (Colonial First State pay to the nomination and if no nomination pay to the Will. No Trustee in put) and Insurance outside Superannuation. Real Insurance , outside Superannuation Insurance, pay to the nomination (not allowed to pay elsewhere AND no tax to pay if beneficiary is not dependent. Unlike Superannuation Insurance where 30% tax is payable by any beneficiary who is not dependent) . I know where I would rather pay my premiums!