The federal government yesterday named former Goldman Sachs banker James Shipton as the new chair of the Australian Investments and Securities Commission (ASIC).

The Australian Securities and Investments Commission (ASIC) has banned Drew Crosskreutz from providing financial advice for three years after ruling he had broken the law by not acting in his clients’ best interests.

The Actuaries Institute has announced the resignation of its chief executive, David Bell, who will step down at the end of the year.

DomaCom is in the final stages of implementing the required legal infrastructure to create a mechanism for its sub-funds to hold debt, which will facilitate the launch of a wider product suite leveraging residential property.

BGL Corporate Solutions last week announced it had passed 100,000 in paid SMSFs on Simple Fund 360.

The theme for next year’s SMSF Association National Conference to be held in Sydney has been officially announced as “beyond”.

The SMSF industry should not become complacent but instead prepare for more superannuation reforms to be added on top of the current changes practitioners and trustees are already challenged by.

Almost one in five advisers have changed jobs since they originally registered with the Tax Practitioners Board (TPB), meaning they are at risk of letting their registration lapse as the year draws to a close, the board has said.