Riordan Financial is committed to protecting and respecting your privacy.
It is the intention of this privacy statement to explain to you the information practices of Riordan Financial in relation to the information we collect about you and other users.
For the purposes of the GDPR the data controller is:
Please read this Statement carefully as this sets out the basis on which any personal data we collect from you, or that you provide to us, will be processed by us.
Riordan Financial is regulated by the Central Bank of Ireland. We are Financial Brokers who help clients make decisions now that will benefit them in the long term. We give you a choice of providers and provide advice on a fair analysis of the market on the following products and services:
Pre/Post Retirement Planning Protection Planning Mortgage Protection Investment & Savings Corporate Investments and Protection
Our Data Protection Officer / GDPR Owner and data protection representatives can be contacted directly here:
Purpose for processing your data:
Why do Riordan Financial need to collect and store personal data?
In order for us to provide you with financial advice both now and into the future we need to collect personal data for the recommendation of the appropriate financial product/services. In any event, we are committed to ensuring that the information we collect and use is appropriate for this purpose, and does not constitute an invasion of your privacy. In terms of being contacted for marketing purposes Riordan Financial would contact you for additional consent.
How will Riordan Financial use the personal data it collects about me?
Riordan Financial will process (collect, store and use) the information you provide in a manner compatible with the EU’s General Data Protection Regulation (GDPR). We will endeavour to keep your information accurate and up to date, and not keep it for longer than is necessary. Riordan Financial is required to retain information in accordance with the law, such as information needed for income tax and audit purposes. How long certain kinds of personal data should be kept may also be governed by specific business-sector requirements and agreed practices. Personal data may be held in addition to these periods depending on individual business needs.
Under what circumstances will Riordan Financial contact me?
Our aim is not to be intrusive, and we undertake not to ask irrelevant or unnecessary questions. Moreover, the information you provide will be subject to rigorous measures and procedures to minimise the risk of unauthorised access or disclosure.
Why we are processing your data? Our legal basis.
Our reason and purpose for processing your personal data is:
Special Categories of personal data
If we collect any special categories of personal data (e.g. health, religious beliefs, racial, ethic origin – financial information is not classified as special categories of personal data) – we will ensure the below
Who are we sharing your data with? **
We may pass your personal data on to third-party service providers contracted to Riordan Financial in the course of dealing with you. Any third parties that we may share your data with are obliged to keep your details securely, and to use them only to fulfill the service they provide on your behalf. When they no longer need your data to fulfil this service, they will dispose of the details in line with the relevant legislation. If we wish to pass your sensitive personal data onto a third party we will only do so once we have obtained your consent, unless we are legally required to do otherwise.
If we transfer personal data to a third party or outside the EU we as the data controller will ensure the recipient (processor or another controller) has provided the appropriate safeguards and on condition that enforceable data subject rights and effective legal remedies for you the data subject are available.
In the event that you wish to make a complaint about how your personal data is being processed by Riordan Financial (or third parties as described in the paragraph above marked **), or how your complaint has been handled, you have the right to lodge a complaint directly with the supervisory authority and Riordan Financial data protection representatives Data Protection Officer / GDPR Owner -Bernard Butler
Data Subjects Rights:
We, Riordan Financial facilitate the data subject’s rights in line with the data protection policy and the subject access request procedure. This is available on request.
Your rights as a data subject
At any point while we are in possession of or processing your personal data, you, the data subject, have the following rights:
All of the above requests will be forwarded on should there be a third party involved as we have indicated in the processing of your personal data.
Additional information we are providing you with to ensure we are transparent and fair with our processing:
Retention of your personal data
Data will not be held for longer than is necessary for the purpose(s) for which they were obtained. Riordan Financial will process personal data in accordance with our retention schedule. This retention schedule has been governed by our regulatory body (Central Bank, Revenue ) and our internal governance.
If we are relying on your consent to process your data you can withdraw this at any time – this does not affect the lawfulness of processing based on your consent before its withdrawal.
Failure to provide further information
If we are collecting your data for a statutory requirement (payroll) or to fulfill a Life policy contract and you cannot provide this data the consequences of this could mean the contract cannot be completed or details are incorrect.
Profiling – automatic decision making
If your data is being processed for the purposes of Life/Serious Illness or Permanent Health Insurance (PHI) you may be subject to automatic profiling depending on the level of cover requested and age profile. This automatic profiling may result in additional underwriting requirements being sought after. If you do not wish to be subject to this auto profiling, Riordan Financial can request an individual review of your application.
If we intend to further process your personal data for a purpose other than for which the data was collected, we will provide this information prior to processing this data.
If we have received your personal data from another source:
Riordan Financial have collected your personal data from –
Third party introducer
Riordan Financial is committed to protecting and respecting your privacy.
It is the intention of this privacy statement (“Privacy Statement”) to explain to you the information practices of Riordan Financial in relation to the information we collect about you and other users.
We want to share any other information required to demonstrate that the processing is fair and transparent.
The Categories of personal data we have collected are:
Who we are sharing this data with?
If we have received your personal data from another source we will endeavour to share with you:
The above will not apply when:
The Data Protection Officer/GDPR Owner Bernard Butler is responsible for ensuring that the privacy notice(s) is correct and that mechanisms exist such as having the Privacy Notice(s) on Riordan Financial website to make all data subjects aware of the contents of this notice prior to Riordan Financial commencing collection of their data. All staff that need to collect personal data are required to follow this procedure.
Questions Regarding the Privacy Statement and Conditions of Use
If you have any questions about our Privacy Statement and Conditions of Use, or any concern about privacy at the IAPP or the use of this Site in general, please contact us by e-mail at [email protected]
Under the EU’s General Data Protection Regulation (GDPR) personal data is defined as:
“ any information relating to an identified or identifiable natural person (‘data subject’); an identifiable natural person is one who can be identified, directly or indirectly, in particular by reference to an identifier such as a name, an identification number, location data, an online identifier or to one or more factors specific to the physical, physiological, genetic, mental, economic, cultural or social identity of that natural person”.
This Privacy Statement is valid from 25th May 2018 until further notice.