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.
The $34 billion Brighter Super is set to shift a significant proportion of equities assets in MySuper from passive to active management. Chief investment officer Mark Rider says the move is possible because of the scale created by mergers, and the fund will be looking to its newly appointed active managers to generate performance through the cycle by taking idiosyncratic risks.
Darcy SongJanuary 21, 2025
