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Showing 1 - 10 of 11 results for "GigSuper"

Millennial super fund fails to GROW

JAMIE WILLIAMSON  |  TUESDAY, 19 APR 2022
... low-cost, passive solutions. As other 'millennial' funds failed to gain ground and ultimately closed, like Zuper and GigSuper, GROW Super appeared to be withstanding the test of time. In 2021, GROW Super rebranded to GROW Inc. and began winning ...

More Diversa super products to wind up

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... and transferred to the ATO commencing April 11. The decision to close Brightday, MYONESUPER and Super Prophets follows GigSuper - also a Diversa product - going into administration with about $2.8 million in FUM. Another sub-plan Diversa oversaw, Zuper ...

GigSuper folds, administrator takes over

KARREN VERGARA  |  MONDAY, 21 FEB 2022
Startup superannuation fund GigSuper is now in administration less than five years after it launched. DW Advisory was appointed as administrator on 10 December 2021. DW Advisory held a creditors' meeting on January 22 online, detailing the financial ...

GigSuper eyes $1.5m raise

KANIKA SOOD  |  FRIDAY, 30 JUL 2021
... geared at self-employed workers is looking to raise $1.5 million, as it sets it sights on 60,000 members in five years. GigSuper this week opened a crowd-funded raise for $1.5 million based on pre-money valuation of $8.1 million. It follows a similar ...

Superannuation startup launches raise

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
A superannuation startup is pushing ahead with a retail raise to be followed by an institutional one next month. GigSuper is aiming to raise $100,000 to $400,000 from retail investors, in a crowdfunded equity campaign launched yesterday. The fund is ...

Super fund warns self-employed of early release risks

ELIZABETH MCARTHUR  |  THURSDAY, 26 MAR 2020
The newly launched superannuation fund targeting the self-employed, GigSuper, has warned its members about the downside of accessing super early if they are left unemployed as a result of COVID-19. ASFA research shows that 20% of self-employed people ...

Grow Super signs first admin client

KANIKA SOOD  |  FRIDAY, 7 FEB 2020
... its superannuation administration platform which is based on distributed ledger technology. Startup superannuation fund GigSuper came onboard in late December, Grow Super deputy chief executive Adam Gee said. Grow is also participating in tenders for ...

Millennial super products still just hype

KANIKA SOOD  |  WEDNESDAY, 12 JUN 2019
... ($220 million) and Spaceship ($215 million). The remaining 13 millennial products have $60 million or less in assets. GigSuper, Tomorrow Super, Sprout Super and Kogan Super have made announcements but are yet to launch a product. Majority of millennial ...

FSC calls for inquiry into gig economy and its impact on super

EMMA RAPAPORT  |  THURSDAY, 11 JAN 2018
... work on a regular basis, or around 0.8% of the Australian workforce - and the numbers are set to grow. Related story: gigSuper reaches out to self-employed Speaking to Financial Standard last year, ASFA chief executive Martin Fahy placed the impact of ...

Industry association targets super gaps

EMMA RAPAPORT  |  MONDAY, 8 JAN 2018
... without superannuation are also likely to be missing out on insurance coverage through their superannuation. Related story: gigSuper reaches out to self-employed In its recommendations to Treasury, the AIST recommends the removal of the $450 per month ...
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