GDPR: Practical guidance for pension schemes
From 25 May 2018, all pension schemes within the EU will be subject to the new GDPR, which will replace the Data Protection Act 1998 (DPA). Even after Brexit, GDPR will continue to apply as it will be incorporated into UK law supplemented by the Data Protection Bill that will replace the DPA. It is therefore necessary to act as soon as possible to ensure compliance and in order to avoid the new potentially higher fines for breaches.
Helping you to achieve compliance
Key changes under GDPR include the need to demonstrate compliance, changes to the rights of individuals including the right to be forgotten and new rules around obtaining consent and processing data.
To help you to understand the changes and the measures you should be taking now to ensure compliance, we have developed both an ‘at a glance’ guide to GDPR for pension trustees for a high-level summary, as well as a more in-depth guide, both of which are available for download below.