Paul Feeney, CEO of Old Mutual Wealth (previously Skandia) said: “Paul was a good friend to me and I was terribly sad to hear of his passing. As one of the founders of Skandia in the UK, he was a true innovator for the life and pensions industry and a man of great intellect.
"Without him our business would not be what it is today and I hope we can continue his legacy in Old Mutual Wealth.”
As well as a founder of Skandia Life Assurance Company in the UK, Paul Bradshaw was chief executive of Abbey National Insurance and Asset Management (now Santander) as well as of J Rothschild International Assurance Ltd (now St James’s Place Wealth Management). Most recently he was Chairman of Nucleus.