News / 08 May 2018

Technical Update - GDPR Life Assurance Schemes

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About this technical update

GDPR has implications for your Group Life Assurance Scheme(s), and Trustees must take action now.

Our technical update has everything you need to now about the impact on GLA Schemes and how to get in contact to ensure you remain compliant.

Inside

We outline what actions must be completed by the 25th May deadline. These include:

  • Setting up data breech procedures.
  • Create policies for data destruction (i.e. death claim procedure).
  • Issue a privacy notice to all scheme members by 25 May 2018.
  • Update the Trust Deed to reflect GDPR provisions.
  • Consider current or new indemnity insurance for Trustees.
  • Appoint a Lawyer for legal advice and sign-off the above.

An overview of the new HMRC software update is also outlined and how Premier can help your Group Life Assurance stay compliant with GDPR.

Access the Technical Update

Allyson Gayle

Head of Risk & Healthcare

allyson-gale