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Superannuation fund collapses after seven years of operation The holding company of a superannuation fund created seven years ago to service ‘gig economy’ and self-employed workers has entered voluntary liquidation The GigSuper Group collapsed just over two years ago, reportedly owing creditors $2 7 million
GigSuper goes into liquidation | Financial Standard GigSuper, the superannuation fund designed for the self-employed, has entered voluntary liquidation GigSuper launched in 2017 in the hope of helping those working in the gig economy save better for retirement It partnered with the likes of Deliveroo, whose Australian operations collapsed in 2022
Inside GigSuper’s collapse - Financial Review The super fund for self-employed savers, GigSuper, embarked on a crowdfunding capital raise two weeks after its trustee warned it was closing the fund It then breached all its members’ privacy
GigSuper co-founder says big not always best after fund collapse GigSuper, a four-year-old fintech jostling for a foothold in the $3 4 trillion superannuation sector appointed administrators on December 10 last year and informed members on Christmas eve that the fund would likely close by the end of January
Grieving Australians are suffering because of super fund failure: ASIC The corporate watchdog has blasted top executives and board directors at Australia’s $4 1 trillion superannuation industry for failing to prioritise grieving families when paying out their members’ death benefits