Profile: Carl Melvin, Affluent Financial Planning

Carl Melvin’s office in Paisley, slightly south of Glasgow, is about 400 miles away from the financial regulator’s imposing glass empire in London’s Canary Wharf, where officials are busily putting the final touches to a blueprint that will transform the intermediary market. But the geographical distance is not the reason why Melvin feels disconnected to the regulatory powers that be. “There is a lot of backlash among the IFA community about various aspects of the RDR and other proposals, such as capital adequacy rules and qualifications,” he observes. “I happen to agree with what ...