Questions to ask about buying client data under GDPR

Phil Young

Phil Young

Clients should be given the right to object to this and their information should not be passed across to the buyer if they do.

What firms need to ensure they have done, before any data is passed across, is pose the questions above to check that relevant consents are in place, something that should become more commonplace under GDPR.

Phil Young is managing partner at Zero Support

Nucleus has teamed up with Mr Young to launch a report on GDPR specifically aimed at financial advisers. It can be downloaded here.