IFAC Ltd. takes the privacy of personal data seriously and the legal and compliant treatment of this data is at the core of our operations.
We therefore ask you to please read the following important information which explains how we collect, store and use your personal data.
1. Who are we?
IFAC Ltd is a financial services compliance firm, offering compliance and support activities to restricted/independent Financial Advisers who themselves advise individuals, trustees and their businesses on financial products and wealth management.
IFAC Ltd. (Company No. 05386389) has its registered office at Andoversford Business Park, Cheltenham, Gloucestershire, GL54 4LB, United Kingdom.
2. What do we mean by Personal Data?
By personal data (or personal information), we mean information that relates to you and is used to identify you, either directly or in conjunction with other material we hold.
3. How do we collect information from you?
We collect personal information about you as and when you consent to us doing so by signing our Data Consent forms, or by indicating consent on our online forms. We gather your consent in writing before entering into business relations with you.
4. What type of information do we collect?
The information we collect may include your name, address, email address and phone number. Furthermore, information about your health, lifestyle and finances can be collected depending whether it is necessary for the advice we are providing.
We may also ask for evidence of your identity, for example your passport, driving license, proof of residence or income.
5. Why do we collect information from you?
We use your personal information for the following:
6. How do we protect your personal information?
Any personal information we collect, record, or use in any way, be it on computer, hard copy or in any other form, is secured through our safeguarding processes to ensure that we meet our obligations under the Data Protection Act 1998.
7. What are your rights surrounding your personal information?
The GDPR enhances your rights surrounding your personal data. This includes:
8. Who do we share your personal information with?
We will only share your personal data with third parties when it is necessary for the service you have asked us to provide, and we will have contracts/safeguards in place to ensure that they treat the privacy of your personal data with the same importance as we do. You will be advised of the specific third parties with whom we may share your data.
These third parties, amongst others, may include:
9. Updates to this Policy
This policy was last updated in July 2018.