TCF

Dominic Fraser-Smith discusses the implications of the new FSA Treating Customers Fairly (TCF) deadlines for equity release

Outlook 2008

Many people are being advised to use equity release before they retire in order to consolidate their debts in what could be a serious breach of TCF, warns Duncan Young, managing director of equity release provider Retirement Plus.

PMI

Firmer clarity on TCF would be a stronger deterrent than qualifications against cases of mis-selling and poor practice in the mortgage arena, say advisers.

regulation

Following the recently published finding of the FSA's Insurance Conduct of Business (ICOB) review , brokers are being urged to ensure they adhere to FSA policies on TCF when offering payment protection insurance (PPI) products.

As advisers get to grips with the principles-led legislation of TCF Kristen Paech takes a look at the challenges they have to face