This means Trustees of a standalone Group Life Assurance Scheme (GLA) are classified as ‘Data Controllers’ due to their ownership and control of personal employee data. Trustees are therefore legally bound by the GDPR rulings. Premier can ensure your scheme complies with the new regulation. Download the technical update using the form below to ensure you understand the obligations for trustees of GLA schemes.
Premier’s Life Trust (PLT) takes care of all GDPR requirements enforced by the new legislation. Find out more about this hassle-free option and how it could help you.
The Premier Life Trust (PLT) is a hassle-free option to ensure your Group Life Assurance Scheme remains GDPR compliant. On top of this, the PLT offers a number of on-going benefits that will help ease your workload. These include:
|Registration with HMRC and future reporting||Employer||Premier|
|Setting up/Maintaining Trust Deed and Rules||Employer||Premier|
|Dealing with next of kin and exercising discretion||Trustee (often Employer)||Premier|
|Complying with changes in legislation||Employer||Premier|
|Maintaining a Trustee Bank account||Trustee (often Employer)||Premier|
|GDPR Data Controller requirements||Trustee (often Employer)||Premier|
|Provision of accurate data||Employer||Employer|
|Paying the premium||Employer||Employer|