Client Privacy Notice
Introduction
We understand that you are aware of and care about your own personal privacy interests, and we take that seriously. This Privacy Policy explains how Oakglen Wealth Planning (Jersey) Limited (“Oakglen Wealth Planning”, “We”, “Us”, “Our”) collects, uses and discloses your personal data, and sets forth your rights in relation to the personal data it holds.
We ask that you read this Privacy Policy carefully as it contains important information on who we are, how and why we collect, store, use and share personal information, your rights in relation to your personal information and on how to contact us, and supervisory authorities, in the event you have a complaint. This notice serves to inform you of the changes to data protection law under the Data Protection (Jersey) Law, 2018 (“DP Law”), as amended to incorporate legislation equivalent to EU Regulation 2016/679 (the “GDPR”).
Oakglen Wealth Planning aims to protect the privacy of our clients (“you”) as far as possible.
Where your details are provided to Oakglen Wealth Planning as a consequence of your enlisting their services, then Oakglen Wealth Planning, acting as a Data Controller may itself (or through a third party such as your chosen custodian (an “Administrator”) process any personal information we hold about you as our client. When processing your personal information, there may also be times where an Administrator will act as a data controller.
We recognise that information privacy is an ongoing responsibility, and so we will from time to time update this Privacy Policy as we undertake new personal data practices or adopt new privacy policies. Where we do so, we will take appropriate steps to bring the amendment to your attention by publishing it on our website at www.oakglenwealth.com/planning.
Privacy Policy
This privacy policy sets out how Oakglen Wealth Planning uses and protects any information that you give Oakglen Wealth Planning when you use this website.
Oakglen Wealth Planning is committed to ensuring that your privacy is protected. Should we ask you to provide certain information by which you can be identified when using this website, then you can be assured that it will only be used in accordance with this privacy statement.
Oakglen Wealth Planning may change this policy from time to time by updating this page. You should check this page from time to time to ensure that you are happy with any changes. This policy is effective from 24/09/2020.
About Us
Oakglen Wealth Planning offers independent and impartial wealth management and financial planning to private clients.
Authorisation and Regulation
Oakglen Wealth Planning is a Jersey registered company regulated by the Jersey Financial Services Commission under the Financial Services (Jersey) Law 1998 for the conduct of Investment Business Class D.
Its registered address is 1 IFC, St Helier, Jersey JE2 3BX and its IB licence number is IB0024.
Professional Indemnity Insurance Cover
Oakglen Wealth Planning maintains professional indemnity insurance cover, details of which can be made available to you on request.
Call Monitoring
Please note that we reserve the right to record calls for monitoring and training purposes.
Your Data and How We Use It
Data Protection and Privacy Notice
In order to provide you with financial planning and wealth management services it will be necessary to collect personal data from you. Oakglen Wealth Planning must comply with the General Data Protection Regulation (GDPR) (Regulation (EU) 2016/679) and Data Protection (Jersey) Law 2018. The personal data we collect and hold (electronic and/or paper based) will be used to assess your financial circumstances and assist us in assessing and providing advice on suitable investment policies and products.
In order to ensure that we provide suitable advice it is necessary and for a legitimate interest that we collect and process this data.
By signing the Terms of Business you are consenting to this privacy notice. You, as data subject, are giving us permission to process your personal data specifically for the purposes identified. Consent is required for Oakglen Wealth Planning to process your personal data, but consent must be explicitly given. Where we are asking you for sensitive personal data we will always tell you why and how the information will be used.
Oakglen Wealth Planning will not transfer your personal data to third parties without first obtaining your consent, save where such data is required to be provided to a third party pursuant to legal or regulatory obligations.
Oakglen Wealth Planning will retain your personal data for the entire period of the relationship and for a period of 10 years from the cessation of the relationship (as per current regulatory requirements). It may be necessary for us to retain this personal data in connection with certain products i.e. underwriting risk for life or health insurance.
At any point while we are in possession of or processing your personal data, you, the data subject, have the following rights:
• Right of access – you have the right to request a copy of the information that we hold about you.
• Right of rectification – you have a right to correct data that we hold about you that is inaccurate or incomplete.
• Right to be forgotten – in certain circumstances you can ask for the data we hold about you to be erased from our records.
• Right to restriction of processing – where certain conditions apply to have a right to restrict the processing.
• Right of portability – you have the right to have the data we hold about you transferred to another organisation.
• Right to object – you have the right to object to certain types of processing such as direct marketing.
• Right to object to automated processing, including profiling – you also have the right to be subject to the legal effects of automated processing or profiling.
• Right to judicial review – in the event that Oakglen Wealth Planning refuses your request under rights of access, we will provide you with a reason why. You have the right to complain as outlined in our Complaints Policy – click here.
Where you have made any application in respect of the above rights, Oakglen Wealth Planning will undertake to ensure any such applications are forwarded to any third party who has been granted access to your data.
To contact us
Contact details for each of these contacts are:
The Office of the Information Commissioner
5 Castle Street
St Helier
Jersey
JE2 3BT
Brunel House
Old Street
St Helier
Jersey
JE2 3RG
The Compliance Manager
Oakglen Wealth Planning (Jersey) Limited
1 IFC
St Helier
Jersey
JE2 3BX