Treating advisers fairly

Dear Editor, You can't move in financial circles at the moment without someone (seemingly on auto pilot) quoting strange acronyms at you, MIFID, RDR or TCF. As a relative outsider (I am not an IFA), I can't help feeling sorry for them. On further investigation it would appear that the strategies behind the initials didn't involve them, change is being made for the sake of it or the implications of the changes, reflect what they have been doing all the time anyway. Let's isolate Treating Customers Fairly (TCF). To be perfectly honest, I've met very few IFAs that don't treat their custome...