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GigSuper Holdings - Voluntary Liquidation

GigSuper Holdings, the holding company of GigSuper, a superannuation fund servicing ‘gig economy’ food delivery riders and self-employed workers, entered voluntary liquidation on 24 June.
The fund was created in 2017 to cater to the increase in independent contractors. In 2018, the company partnered with the since collapsed Deliveroo to allow food delivery drivers to make their own retirement contributions instead of Deliveroo having to do it.
Both GigSuper Holdings and GigSuper entered voluntary administration in 2022. GigSuper reportedly owed creditors debts of $2.7million, which were compromised as part of a DOCA in 2022.
Following a general meeting of company members, GigSuper Holdings, which is not believed to have any creditors, entered voluntary liquidation.
Paul Weston of DW Advisory was appointed liquidator.