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Cofunds founder Creak sets up own firm

Cofunds co-founder and former business development director Andy Creak has set up his own financial services firm.

The new company is called RPlan and is based in Chelmsford, with Creak as managing director. The firm was incorporated at Companies House in January.

On social networking site LinkedIn, Creak says RPlan will help people to be “better with money”. He describes the firm as “a financial services company that thinks of things in a slightly different way”.

Creak left Cofunds in December last year. He was the original programme manager for the platform when it was set up in 2001 and then took up the role of chief technology officer. Since then he held a number of roles at Cofunds, including chief operating officer. At the time of his departure, he was business development director.

Novia chief executive Bill Vasilieff, who helped launch Cofunds while at M&G, says: “Andy has drive and exper-
ience and it will be interesting to see what he comes up with.”

Finance and Technology Research Centre director Ian McKenna says: “I am not surprised by Andy’s move, the financial services businesses of the future will be very different. Andy has been instrumental in the development of one of the most innovative financial services company’s of the early 21st century, so his new venture sounds a natural progression.”

Creak was unavailable for comment.



Wrap – a journey not a destination

As the financial services community travels toward the implementation of retail distribution review, there are powerful arguments supporting the role that platforms (and in particular, wraps) will play in delivering greater efficiency for advisers and an improved service for their clients.


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There is one comment at the moment, we would love to hear your opinion too.

  1. Anthony Badaloo 3rd March 2010 at 5:26 pm

    So, shares for IFAs then?

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