Blackadders Wealth Management LLP Privacy Notice

This privacy notice explains how Blackadders Wealth Management LLP use any personal information we collect about you.

What information do we collect about you?

We collect information about you when you engage us for any Independent Financial advice and Financial Planning and also our Advisory and Discretionary Investment Management Services. This information will relate to your personal and financial circumstances. It may also include special categories of personal data such as data about your health, if this is necessary for the provision of our services.

We may also collect information when you voluntarily complete client surveys or provide feedback to us.

Information relating to usage of our website is collected using cookies. These are text files placed on your computer to collect standard internet log information and visitor behaviour information. We’ll use your information collected from the website to personalise your repeat visits to the site

Why do we need to collect and use your personal data?

The primary legal basis that we intend to use for the processing of your data is for the performance of our contract with you. The information that we collect about you is essential for us to be able to carry out the services that you require from us effectively. Without collecting your personal data we’d also be unable to fulfil our legal and regulatory obligations.

Where special category data is required we’ll obtain your explicit consent in order to collect and process this information.

  • Special categories of personal data: there are certain categories of personal data that are sensitive by nature. The categories include: data revealing racial or ethnic origin, political opinions, religious or philosophical beliefs, trade union membership and data concerning health. Depending on the nature of the products and services that you engage us for we may need to obtain your sensitive personal data, particularly in relation to health. Our policy is that should we require any special category of personal data we will only gather this with your explicit consent.

How will we use the information about you?

We collect information about you in order to provide you with the services for which you engage us.

How we communicate with you?

We will communicate with you by your preferred method, Email, Post or Telephone. This will always be with the appropriate security methods available.  We have a secure Client Portal Access which we will use for the issue of all sensitive documents. 

Information about connected individuals

We may need to gather personal information about your close family members and dependants in order to provide our service to you effectively. In such cases it will be your responsibility to ensure that you have the consent of the people concerned to pass their information on to us. We’ll provide a copy of this privacy notice for them or, where appropriate, and ask you to pass the privacy information to them.

Who might we share your information with?

In order to deliver our services to you effectively we may send your details to third parties such as those that we engage for professional compliance, accountancy or legal services as well as product and platform providers that we use to arrange financial products for you.

Where third parties are involved in processing your data we’ll have a contract in place with them to ensure that the nature and purpose of the processing is clear, that they are subject to a duty of confidence in processing your data and that they’ll only act in accordance with our written instructions.    

Where it’s necessary for your personal data to be forwarded to a third party we’ll use appropriate security measures to protect your personal data in transit.

To fulfil our obligations in respect of prevention of money-laundering and other financial crime we may send your details to third party agencies for identity verification purposes.

We may also share your information with Blackadders LLP where such consent is given.

How long do we keep hold of your information?

In principle, your personal data shouldn’t be held for longer than is required under the terms of our contract for services with you. However, we are subject to regulatory requirements to retain data for specified minimum periods. These periods are

    • Five years for investment business
    • Three years for mortgage business
    • Indefinitely for pension transfers and opt-out business
    • Three years for insurance business 

These are minimum periods, during which we have a legal obligation to retain your records.

We reserve the right to retain data for longer where we believe it's in our legitimate interests to do so. In any case, except in the case of Pension Transfer Business, we’ll not keep your personal data for longer than 10 years after our relationship with you has ended. 

You have the right to request deletion of your personal data. We’ll comply with this request, subject to the restrictions of our regulatory obligations and legitimate interests as noted above. 

How can I access the information you hold about me?

You have the right to request a copy of the information that we hold about you. If you’d like a copy of some or all of your personal information please email or write to us using the contact details noted below.

When your personal data is processed by automated means you have the right to ask us to move your personal data to another organisation for their use.

We have an obligation to ensure that your personal information is accurate and up to date. Please ask us to correct or remove any information that you think is incorrect.

Marketing 

We’d like to send you information about our products and services and those of Blackadders LLP, which may be of interest to you. If you agree to receive marketing information, you may opt out at a later date. We will not sell or pass your data to any other external party for any marketing purposes at any time.

You have a right at any time to stop us from contacting you for marketing purposes. If you no longer wish to be contacted for marketing purposes, please contact us by email at GDPRcompliance@blackadderswm.co.uk, by post, or by clicking here.

Cookies

We use cookies to track visitor use of the website and to compile statistical reports on website activity.

For further information visit http://www.allaboutcookies.org

You can set your browser not to accept cookies and the above website tells you how to remove cookies from your browser. However in a few cases some of our website features may not function as a result.

Other websites

Our website contains links to other websites. This privacy policy only applies to the Blackadders Wealth Management LLP website so when you link to other websites you should read their own privacy policies.

What can you do if you are unhappy with how your personal data is processed?

You also have a right to lodge a complaint with the supervisory authority for data protection. In the UK this is:

Information Commissioner's Office Wycliffe House Water Lane Wilmslow Cheshire SK9 5AF    

0303 123 1113 (local rate)                                                                                                           

Pillar 3 Disclosure                                                                           

Changes to our privacy policy

We keep our privacy policy under regular review and we’ll place any updates on our web page and/or inform you of any changes when they occur.  This privacy policy was last updated on 11th May 2018.

How to contact us

Please contact us if you have any questions about our privacy policy or information we hold about you: by email at gdprcompliance@blackadderswm.co.uk

Or write to us at Blackadders Wealth Management LLP, 30-34 Reform Street, Dundee, DD1 1RJ