Each FutureFund Account has a FutureFundGuardian.  Often, the FutureFundGuardian will be the person who sets up the account for the Member.  They may be a parent, guardian, grandparent or other relative or friend.  This is an important role. 

The FutureFundGuardian acts as the "trustee" of the account.  They are responsible for ensuring that the savings are applied for the purpose they were intended (e.g. the Member’s education). 

Until the Member is 25, the FutureFundGuardian’s signature is required for all benefit payments, investment strategy changes and advising nominated beneficiaries.

The FutureFundGuardian may, at any time, appoint an alternative person to be the FutureFundGuardian (with that other person’s consent).  In some cases, the FutureFundGuardian will appoint the Member, once the Member is in a position to make those decisions for themselves.

• Change your FutureFundGuardian

If the FutureFundGuardian dies, a guardian of the Member will be nominated by the SuperLife Trustee to become the FutureFundGuardian.  If the Member has no guardian, the SuperLife Trustee will act as the FutureFundGuardian.

When the Member turns 25, the role of the FutureFundGuardian ceases and the Member takes responsibility for all decisions and the FutureFund Account becomes a normal SuperLife savings account