Privacy Policy
Lann Finance privacy policy sets out how we use and protect any information that you provide. Lann Finance adheres to the Data Protection Act 2018. We may change this policy from time to time by updating this page.
Our aim is to provide a secure, user experience. We will endeavour to ensure that the information you submit to us remains private, and is used to help us identify properties that may be of interest to you and offer you a service that you will find refreshing.
As we comply the with the Data Protection Act of 25th May 2018, we do not sell, trade or rent your personal information to others. We may use your personal data to contact you from time to time and provide you with marketing information about us which we think may be of interest to you.
At Lann Finance we respect your privacy and the confidentiality of your personal information.
WHO ARE WE
Lann Finance is direct authorised by the Financial Conduct Authority.
This Privacy Notice explains:
Who we are
What personal information we collect
How we use your personal information
Who we share your information with and why
How we keep your information secure
Your rights
How to contact us
Lann Finance provides financial planning solutions and advice through experienced and qualified advisers based in the UK.
Lann Finance will determine the purposes and means of processing personal client data relating to giving advice. This means we are data controllers for these core advice giving activities and therefore responsible for managing this client data and ensuring compliance. Lann Finance is responsible for some activities, for example any direct marketing that we undertake.
WHAT DATA DO WE COLLECT AND WHY?
We collect personal information about you when you use our website, contact us about products and services, visit a financial adviser or carry out transactions with us. We collect information that is necessary for the provision of financial advice and administration of the products or services you are seeking, and for legal and regulatory purposes. We also collect and use your personal information where necessary to improve our services, our business processes, and to communicate with you. For the provision of advice we need to collect sensitive information, such as information about your health. To do this, we will ask for your consent.
We will always keep your data safe and secure, and where we share your data with other businesses to fulfil the purposes above we make sure they follow our instructions and keep your data secure. We will never sell your data, and we will not send you communications about unrelated services without your consent.
WHAT PERSONAL INFORMATION WE COLLECT
Personal information includes your name, address, or phone number and other information that is not otherwise publicly available. We collect personal information about you when you contact us about products and services, visit a financial adviser, visit a website we may have or register to receive one of our newsletters (if applicable).
The type of personal information we collect will depend on the purpose for which it is collected and includes:
Contact details
Information to verify your identity
Family, lifestyle, health and financial information
Payment details
We collect personal information directly from you. For example, we ask for personal information at the start of our relationship and in subsequent communications in order to check your identity, and protect you from fraud. This is a legal requirement and is important to help safeguard you against potential crime.
SPECIAL CATEGORY INFORMATION
In some instances, it is necessary to collect more sensitive information (such as health or lifestyle information) which is called special category data. If required, this will be done by Lann Finance, who may provide financial advice services to you. We will always obtain your consent during the advice process to gather this data and explain what information we require and why it is needed. Sensitive personal information will always be processed and stored securely. You can withdraw your consent at any time to us processing this data, however, this may mean that you can no longer access the service or product the information was gathered for.
COOKIES
Our Website – www.lannfinance.co.uk does not use cookies -. For further information visit www.aboutcookies.org or www.allaboutcookies.org.
Until you choose to contact us, we do not store any information about you, as we ask you nothing that would identify you in order for you to use the facilities on the site. We DO NOT use “cookies” to find out about you or your computer. Like most web sites, basic information is automatically collected by our Internet Service Provider when someone uses the web site, and these include the IP address (your unique computerised signature at your Service Provider only at the time of that particular connection), and in some cases the operating system and browser type you have.
You can set your browser not to accept cookies and the above websites tell you how to remove cookies from your browser. However, in a few cases some of our website features may not function as a result.
DATA RETENTION
We keep your personal information only as long as is necessary for the purpose for which it was collected and to meet regulatory or legislative requirements. Personal information will be securely disposed of when it is no longer required, in accordance with our Data Retention and disposal Schedule. A copy of this is available from the How to Contact Us address, below.
ON WHAT BASIS DO WE COLLECT DATA
The processing of your personal data is allowed under a number of lawful basis. The data required for the provision of products and services is processed on the basis there is a contract with you to do so. Any relevant marketing activity we undertake is done because as a firm we have a legitimate interest to do so however you have rights, as listed below, which impact how we can use and process your data.
HOW WE USE YOUR PERSONAL INFORMATION
We process your information in order to support and maintain our contractual relationship with you and to comply with legal and regulatory requirements. This includes the following:
Providing our advice, products or services to you
Carrying out transactions you have requested
Confirming and verifying your identity for security purposes
Credit scoring and assessment, and credit management (where applicable)
Detecting and preventing fraud, crime, money laundering or other malpractice
We also process your data for specific business purposes to enable us to give you the best products and services and the best and most secure experience. For example, we process your information to send you marketing that is tailored to your interests.
Our business purposes include the following:
Enhancing, modifying, and personalizing our services for the benefit of our customers
Providing communications which we think will be of interest to you
Market or customer satisfaction research or statistical analysis
Audit and record keeping purposes
Enhancing the security of our network and information systems
You have the right to object to this processing if you wish, please see “YOUR RIGHTS” section below. Please bear in mind that if you object this may affect our ability to carry out the tasks above for your benefit.
We may also process your personal data as part of an acquisition or sale. Should this happen, you will notified about any change to processing or data controller arising as a result of this activity.
WHO WE SHARE YOUR INFORMATION WITH AND WHY
We share your information with trusted third parties who perform tasks for us and help us to provide the services you require these include:
Lann Finance
Via Lann Finance – Other adviser firms within the Lann Finance network for the purpose of providing you with advice (with your knowledge)
Third parties to verify your identity, in line with money laundering or other requirements (this may involve carrying out checks with credit reference databases)
Third parties who perform tasks for us to help us set up or service your plan (these third parties may be based in countries outside the European Economic
Area (EEA) but where they are, we will undertake an assessment of safeguards in place)
Other organizations, including regulatory bodies, the police and fraud prevention agencies, to prevent and detect fraud
Third parties where required by law, court order or regulation
Third parties as part of an acquisition or sale
HOW WE KEEP YOUR INFORMATION SECURE
We are committed to ensuring the confidentiality of the personal information that we hold and we continue to review our security controls and related policies and procedures to ensure that your personal information remains secure.
When we contract with third parties, we impose appropriate security, privacy and confidentiality obligations on them to ensure that personal information is kept secure.
If we work with third parties in countries outside the EU we ensure these are countries that the European Commission has confirmed have an adequate level of protection for personal information, or the organization receiving the personal data has provided adequate safeguards. In limited circumstances data may be accessed outside of the EEA ie by employees when they travel. In these circumstances we ensure there are appropriate information security measures in place to safeguard your information.
YOUR RIGHTS
Lann Finance tries to be as open as it can be in terms of giving people access to their personal information and therefore have outlined your rights below. This privacy notice was drafted with brevity and clarity in mind, therefore further information can be gathered by contacting us using the details below, or more information about your data protection rights can be found here: https://ico.org.uk/for-organisations/guide-to-thegeneral- data-protection-regulation-gdpr/individual-rights/
GDPR Your Rights
The GDPR provides the following rights for individuals:
The right to be informed
The right of access
The right to rectification
The right to erasure
The right to restrict processing
The right to data portability
The right to object
The right to complain
INDIVIDUAL DATA RIGHTS AND REQUESTS
The purposes of the processing
The right to be informed – You can request that we provide ‘fair processing information’, typically through this privacy notice
The right of access – You may request a copy of the personal information we hold about you using the contact details found on the end of this policy
The right to rectification – The accuracy of your personal information is important to us. You have the right to ask us to update or correct your personal information
The right to erasure – You may request the deletion or removal of personal data where there is no compelling reason for its continued processing
The right to object – You may object to the processing of your data based on legitimate interests
The right to restrict processing – You have a right to request we ‘block’ or suppress processing of your personal data
The right to data portability – You may request to obtain and reuse your data
The right not to be subject to automated decision-making including profiling
Security
Wherever your Personal Information may be held within Lann Finance, we intend to take reasonable and appropriate steps to protect the Personal Information that you share with us from unauthorised access or disclosure.
Children
As a property site we do not specifically collect information about children. We believe that children should get their parents’ consent before giving out personal information. We encourage you to use Web filtering technology to supervise your child’s access to the site.
If you wish to correct, restrict, delete or make changes to your personal information, or any of the data subject rights listed above, please contact us at the number/address listed below.
HOW TO CONTACT US
If you have questions about this notice, need further information about our privacy practices, or wish to give or withdraw consent, exercise preferences or correct your personal information, please contact us using the following details.
Lann Finance
Suite 6, Pegaxis House
61 Victoria Road
Surbiton
Surrey
KT6 4JX
Telephone: 020 8339 7900
HOW TO COMPLAIN
If you wish to raise a complaint about how we have handled your personal data, you can contact The Office of Data Protection who will investigate the matter.
If you are not satisfied with our response or believe we are not processing your personal data in accordance with the law you can complain to our regulator:
Information Governance department
Information Commissioner’s Office
Wycliffe House
Water Lane
Wilmslow
Cheshire
SK9 5AF
+44 (0) 303 123 1113
www.ico.org.uk/concerns
Last updated on 06/05/2019.