Sales director Paul Holden says it’s not too late for brokers who are yet to engage with TCF to meet the deadline.
The recent FSA update revealed that only 13 per cent of firms met the March deadline for management information.
Holden says: “It would be easy for some firms to believe that having missed the March deadline that they cannot catch-up and this is simply not the case.
“I believe the greatest danger for successful TCF implementation is if firms think they’ve left it too late and believe that there is no point starting the process now. This cannot be allowed to happen; it’s simply too important an issue.”