This is where we get into the small print about how Kussul Wealth Management Limited is protecting your privacy and information rights.
We are committed to protecting and respecting your privacy and this policy sets out the basis on which any personal data we collect from you, or that you provide to us, will be processed by us.
Kussul Wealth Management Limited
3 Leighton Road, Bristol, BS3 1NS
+44 (0)7787 116005
contact@kussul.co.uk
The type of personal data we collect will depend on the product or service we provide. Here are some examples of the data that we currently collect and process:
Personal details including your name, date of birth, gender, relationshipstatus, family and dependents, employment and contact details
Identification documents such as your passport, driving license, bank statements and utility bills
Financial data including your income, spending, assets, liabilities, source of wealth, plans and goals, tax status, risk profile, and investment preferences
Sensitive data including your health status, any vulnerability, and your nationality
Most of the personal information we process is provided to us directly by you so that we can provide independent wealth management services.
Here are some of the main reasons why we collect your personal information:
To understand your needs and requirements and to make sure that we can help
To ensure that the financial products and services that we recommend are suitable for you
To comply with our legal obligations under the Anti-Money Laundering and Know Your Client regulations
So that we can provide you with appropriate marketing materials
To respond to any potential complaints and queries
We may also receive personal information indirectly from the following sources in the following scenarios:
Third party product providers such as pension and life assurance companies in the course of gathering data to analyse your financial circumstances
Professional partners including lawyers and accountants and other finance professionals in order to understand your financial situation and make suitable recommendations
We share your personal data with our employees and third party providers in order to recommend and deliver suitable wealth management products and services
Under the UK General Data Protection Regulation (UK GDPR), the lawful bases we rely on for processing this information are that we have a contractual obligation.
Your information is securely stored.
The duration for which we retain your personal data will vary depending on the type of personal data and our reason for collecting and processing it.
We will only retain your personal information for as long as necessary to fulfil the purposes we collected it for, including for the purposes of satisfying any legal or reporting requirements.
To determine the appropriate retention period for personal data, we consider: the volume of personal data, the nature, and sensitivity of the personal data, our obligations and legal requirements to retain your personal data, the purpose of processing your personal data and the risk of unauthorised use or disclosure of your personal data
Under data protection law, you have rights including:
Your right of access - You have the right to ask us for copies of your personal information
Your right to rectification - You have the right to ask us to rectify personal information you think is inaccurate
You also have the right to ask us to complete information you think is incomplete
Your right to erasure - You have the right to ask us to erase your personal information in certain circumstances
Your right to restriction of processing - You have the right to ask us to restrict the processing of your personal information in certain circumstances
Your right to object to processing - You have the the right to object to the processing of your personal information in certain circumstances
Your right to data portability - You have the right to ask that we transfer the personal information you gave us to another organisation, or to you, in certain circumstances
You are not required to pay any charge for exercising your rights. If you make a request, we have one month to respond to you. Please contact us at contact@kussul.co.uk if you wish to make a request
If you have any concerns about our use of your personal information, you can make a complaint to us at contact@kussul.co.uk or write to us at Kussul Wealth Management Limited, 3 Leighton Road, Bristol, BS31NS
You can also complain to the ICO if you are unhappy with how we have used your data. The ICO’s address: Information Commissioner’s Office, Wycliffe House, Water Lane, Wilmslow, Cheshire, SK9 5AF
Helpline number: 0303 123 1113
https://www.ico.org.uk
This Privacy Policy was last updated in January 2023