After more than four years of negotiations, the new EU data
protection framework has finally been agreed. Following a two-year
transition period, the General Data Protection Regulation (GDPR)
will apply in all member states from 25 May 2018.
The GDPR will completely overhaul the current data protection
laws in the UK as well as Europe. It has a greater emphasis on
formal compliance processes and imposes substantial new obligations
on trustees in the collection and use of personal data. Trustees
should therefore use the current 24-month transition period to
fully review their existing processes and introduce new policies
and procedures to prepare for the GDPR.
Terminology in a pensions context
As with any specialist area of law there is some basic
terminology to understand. Helpfully this has not changed from the
A "data controller" is a
person or body, which determines the purposes and means of
processing personal data. In the pension scheme context, in the
majority of cases the pension scheme trustee will be the data
A "data processor" is a
third party who process the data on the data controller's
behalf. Data processors will include administrators, advisers and
Please click here to download the key areas of the GDPR
which will have a significant impact on pension trustees.
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The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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The employment landscape is one that is constantly shifting. Employers who fail to keep up with the changes do so at their peril.
This seminar is designed to help in-house counsel and HR practitioners get to grips with key recent and forthcoming developments in employment, pensions and immigration law and practice and what they mean for your workforce.
While companies prepare for the EU General Data Protection Regulation (GDPR) to take effect in May 2018, another highly significant item on the agenda is arguably the current review process of the proposal for a Regulation on Privacy and Electronic Communications (ePrivacy Regulation).
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