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Leeds: 0113 244 6100

Sheffield: 0114 267 5588

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The law on data protection will change on 25 May 2018 when the General Data Protection Regulation comes into force. 

As data controllers, trustees will need to take a number of steps to ensure compliance ahead of the May 2018 deadline. As a first step, they should identify the types of personal data held by the pension scheme and the sorts of data processing carried out on their behalf. From this starting point, trustees should consider whether such processing is lawful and otherwise carried out in accordance with the requirements of the regulation.

GDPR strategic planning

Failure to comply with the GDPR could lead to significant financial penalties being imposed on trustees. As trustees could be liable for the data protection breaches of their scheme administrators and advisers, it is critical that they review their data protection arrangements at a strategic level.

GDPR advice to pension scheme trustees

At Wrigleys we can help trustees with the following:

  • to understand their obligations under the GDPR including trustee training.
  • to design and implement data mapping exercises to identify personal data held by the scheme and third parties and the processing carried out on their behalf.
  • to prepare the documents required to demonstrate their compliance with the new legislation, including:
    • privacy notices
    • data protection policies
    • data protection agreements with scheme advisers. 
  • untangle the knotty issue of consent including when consent to the processing of personal data is required and how it should be obtained.

Further reading 

Article: GDPR – Practical guidance for pension trustees - Data protection is changing significantly from 25 May 2018. We explore the changes to the law and suggest our 'Top 6 Actions for Pension Trustees'.

Podcast: GDPR- what should pension scheme trustees be doing? - In this podcast we will be looking at the new General Data Protection Regulation and its impact on trustees of pension schemes including what trustees should be doing now to get ready for the new regime.

 

 

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Data protection and pension schemes

Rebecca Cooke View Biography

Rebecca Cooke

Solicitor
Leeds

Kate Buckham View Biography

Kate Buckham

Solicitor
Leeds

Meet the team

Rebecca Cooke View Biography

Rebecca Cooke

Solicitor
Leeds

Kate Buckham View Biography

Kate Buckham

Solicitor
Leeds

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Community-led housing: Lancaster gathering

Interested in community-led housing? Join us on Saturday 4 November at the Friend's Meeting House in Lancaster.

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Philanthropy Impact - The role of professional advisers, philanthropists...

Date: 07 Nov 2017

Venue:

Speaker: Fran Hegyi, Executive Director, Hull UK City of Culture 2017; Andrew Dixon, Director, Culture Creativity Place, Bid adviser Leeds 2023; Other speakers TBC

Further information and booking

Schools Breakfast Club: Preparing for GDPR in Schools - 14th November

Date: 14 Nov 2017

Venue: Wrigleys Solicitors, 19 Cookridge Street, Leeds

Speaker: Ibrahim Hassan, solicitor and director of Act Now Training Limited

Further information

Community ownership of land and buildings: lessons and policy implications Scotland & the North

Date: 16 Nov 2017

Venue: Radisson Blu, Leeds

Further information

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