Industry pays tribute as Nucleus chair passes away

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Nucleus chairman and Skandia founder Paul Bradshaw has sadly passed away following a cardiac arrest.

Bradshaw founded Skandia Life Assurance Company in the UK, and has been the chairman of Nucleus for over 10 years. He also had board roles at Sanlam and River and Mercantile, and has been chief executive of J Rothschild International (now St James’s Place) and Abbey National Insurance and Asset Management.

Nucleus chief executive David Ferguson says: “Right from our very beginning, Paul has been a massive inspiration and a huge part of the Nucleus journey. A man of enormous intellect, great passion and with an insatiable hunger for what comes next.

“Nucleus, the other companies he was involved in and the wider industry are lessened by his passing but we will work harder than ever to ensure his legacy here is a positive one.”

SEI Wealth Platform managing director Brett Williams says: “Paul Bradshaw was one of my favourite people in the world. He combined a razor sharp, sparkling intellect with a mischievous sense of fun. He was a joy to be around.

“I had lunch with him on Wednesday and as always he was fascinated by the industry and the world, yet utterly devoted to his wife, children and grandchildren. His premature death is very sad indeed.”

EY senior adviser Malcolm Kerr says: “Paul was a visionary, an architect and an all round great bloke.”

Platforum director of research Heather Hopkins says: “I have a deep personal fondness for Paul. He always had time to offer the history of the sector and the context of business strategy or regulation, and to challenge one’s thinking.

“Paul was intellectually curious and excited by the possibilities of innovation and technology. He was brimming with ideas – not all good ones, by his own admission! I had the good fortune to profile Paul in Money Marketing a couple of months ago. It offers highlights of Paul’s career and attests to his fresh thinking and sharp mind. My thoughts are with Sheila and his family.”

Protection Review co-chairman Peter Le Beau says: “Paul was one of the giants of the unit- linked industry and an incredibly influential actuary and thinker. He was also a mentor and help to so many people around the industry. Above all he was a delightful man, someone I feel privileged to have known.”