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Paul Feeney pays tribute to Paul Bradshaw

14/01/2017

Founder of Skandia in the UK, Paul Bradshaw, has passed away following a cardiac arrest.

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.

For more information contact

Tim Skelton-SmithOld Mutual Wealth02380 916 99807824 145 076tim.skelton-smith@omwealth.com

Notes to editors:

About Quilter plc:

Quilter plc is a leading wealth management business in the UK and internationally, helping to create prosperity for the generations of today and tomorrow.

Quilter plc oversees £118.1 billion in customer investments (as at 30 September 2018).

It has an adviser and customer offering spanning: financial advice; investment platforms; multi-asset investment solutions and discretionary fund management.

The business is comprised of two segments: Wealth Platforms and Advice and Wealth Management.

Wealth Platforms includes the Old Mutual Wealth UK Platform; Old Mutual International, including AAM Advisory in Singapore; and the Old Mutual Wealth Heritage life assurance business.

Advice and Wealth Management encompasses the financial planning network, Intrinsic; Quilter Private Client Advisers; discretionary fund management business, Quilter Cheviot; and Quilter Investors, the Multi-asset investment solutions business.

The Quilter plc businesses are being re-branded to Quilter over a period of approximately two years:

• The Multi-asset business is now Quilter Investors

• Intrinsic to Quilter Financial Planning

• The private client advisers business is now Quilter Private Client Advisers

• The UK Platform to Quilter Wealth Solutions

• The International business to Quilter International

• The Heritage life assurance business to Quilter Life Assurance

• Quilter Cheviot will retain its name

This press release is for journalists only and should not be relied upon by financial advisers or customers.

Please remember that past performance is not a guide to future performance. The value of investments and the income from them can go down as well as up and investors may not get back any of the amount originally invested. Exchange rate changes may cause the value of overseas investments to rise or fall.

This communication is issued by Quilter plc.  Registered office: Millennium Bridge House, 2 Lambeth Hill, London EC4V 4AJ, United Kingdom. Registered number: 6404270.  Registered in England.