In a published notice from the Australian Securities and Investments Commission (ASIC) last week, it was revealed that start-up superannuation fund GigSuper has entered voluntary liquidation.
At a general meeting on 24 June, it was resolved that the company would be wound up and that principal at DW Advisory, Paul Gerard Weston, would be appointed liquidator.
The fund was first launched in 2017 by two former staffers of IG Australia, Peter Stanhope and Martin Batur, and aimed at self-employed people.
At the time, Stanhope emphasised his and Batur’s understanding of the importance of flexibility and ease of use.
“Working job-to-job means your income fluctuates through the year, and the ability to access your money if needed is…