Suncorp financial planning head quits

Suncorp Financial Services is searching for a new head following the recent resignation of Matt Lobdell, the group’s general manager of wealth management customer development.

Lobdell will continue to consult to Suncorp’s wealth management division on a part-time basis, Bernadette Inglis, Suncorp general executive wealth management said. “Matt has decided to take a career break for personal reasons,” Inglis said. “While Matt’s resignation is a loss to Suncorp, we do not envisage any impact on the wealth management business or specifically Suncorp’s financial planning channel.” Philip Anthon, the group’s manager of risk management and compliance, has replaced Lobdell as acting head in the interim. “;As Matt did during his tenure with Suncorp, Philip will work closely with Vicki Doyle, general manager of distribution development, to continue to grow Suncorp’s wealth management business,”; Inglis said. Suncorp Financial Services has approximately 230 advisers.

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Suspensions and redemption queues ‘speed bumps’ on private credit road: Blue Owl

Asset owners are right to be concerned about private credit fund suspensions and redemption queues, Blue Owl head of alternative credit Ivan Zinn told the Investment Magazine Fiduciary Investors Symposium, but he thinks that two years from now they’ll be looked back on as nothing more than a “speed bump” on a highway of growth and strong returns.

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