We are Allsopp Financial Management Limited, sometimes more simply known as Allsopp Financial. You can find out more about us at www.allsoppfianncial.co.uk.
2. How do we use your data?
Primarily, we use your data and data about your family’s circumstances to provide advice to you and complete transactions on your behalf. We analyse and assess your data to maintain and develop our relationship with you.
3. Where will we collect personal data from?
We collect data about you and your family during our initial and other meetings with you. We will also collect data about you and your family from other people. We collect the data through note-taking and filling-in of questionnaires about you and your family’s circumstances.
We may make checks with credit rating agencies to authenticate and verify your identity and credit status. We also make checks with organisations with whom you have policies of insurance and investments and with your mortgage provider. These checks are to help us with our legal obligations and to ensure that we provide you with advice that suits your circumstances. The scope and extent of the gathering of information from third parties depends on what type of service you are taking from us.
4. Who do we share your data with?
Depending on the instructions we receive from you, we may pass your data to other professional advisers to enable us to provide advice most suited to your circumstances. Usually, this would be referrals to local accountants, solicitors, tax advisers and sometimes to specialist advisers in the financial and insurance industry where you may benefit from the expertise of such third parties. We, and any third-party specialist advisers to whom we introduce you will, of course, pass your data to organisations when you agree to purchase or amend policies and products.
We may be required to share your data with our regulator and other third parties including our auditors or insurers.
5. For how long do we retain your data?
We will retain your data according to the statutory requirements for regulated products. For instance, if you are given specialist pension advice, the data will be retained indefinitely. If you want details of the statutory retention periods for various product types please contact us and we will obtain the latest legal position on your behalf.
6. How do we use your data for marketing?
There may be times when we feel that a service or product may be of interest to you. In order to make you aware of these services or products, we, insurers or third parties may wish to contact you so that you can make informed choices about your finances. We will only contact you for marketing purposes if we have obtained your written authorisation for us to do so. You are able to authorise us to contact you via:
telephone
post
email
You can ask us to stop sending you marketing communications by contacting us at any time. Regardless of whether or not you ‘opt-in’ to receive marketing communications from us, we will contact you where necessary to fulfill our contractual obligations to you and also to comply with our regulatory responsibilities.
7. Your right to a copy of your personal data
Under the General Data Protection Regulation, you have a right to obtain a copy of the personal information that we hold about you. If you believe that any information held is incorrect or incomplete, you should contact the Data Protection Officer at our usual address. Any information that is found to be incorrect or incomplete will be amended promptly.
8. How to contact us
If you have any questions or want more details about how we use your personal data, please let us know via:
You also have the right to complain to the Information Commissioner’s Office. You can use the relevant section of the Information Commissioner’s Office website to do this.
