Comparing the basic stats of a pulse rifle and a hand cannon I will always use a pulse rifle, hand cannon wont see much use unless they can actually stand up to other weapon types, my suggestion is to increase (range and accuracy), (fire rate and stability), or just plain damage.
Destiny Issues and Suggestions List
http://www.bungie.net/en/Forum/Post/66494219/0/0
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#feedback
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Hand cannons in my opinion are fine for PvE all it needs is better precision bonuses because right now the scout rifle out class the hand cannon in every way. also if your using the hand cannon in PvP your asking for a challenge eh or to get really annoyed because unless they give them a complete overhaul of stat upgrades it will never stand up to an auto rifle or scout rifle. Especially auto rifles... Cough