Advisers uncertain how to prove TCF

The firm says the findings are concerning, particularly with the FSA’s deadline for full implementation just seven months away. A poll of financial advisers found 46% were confused or uncertain of what evidence they must give the FSA following the December deadline, while the remaining 54% said they were confident they knew how to show evidence of TCF. The poll also found 51% of firms were confident they are already able to produce the required data, while 41% felt it was ‘possible’. The remaining 8% felt it was unlikely they could produce the evidence needed. David Child, managing di...