Who we are
Our website address is: https://qfinancial.ie
What is a privacy notice and why is it important?
We know your personal information is important to you and it is important to Q Financial Advisors. This Privacy Notice tells you what we use your personal information for and explains your rights around how we use it. Please read this Privacy Notice to understand how and why we use your personal information.
If you give us personal information about someone else, please make sure you have their permission and make them aware of this Privacy Notice, as it also applies to them.
What personal information we collect and why
We use personal information to give you financial planning advice and other separate services. If you ask us to provide financial advice, we will assess your financial needs and recommend financial solutions to help meet your identified needs. This includes contacting you to arrange future financial reviews where we believe this is of benefit to you. We will need to collect personal information to provide this service including your name, date of birth and contact details.
Depending on the type of advice you are looking for we will need financial information such as income, expenses, assets, occupation, health and information about your dependents. If we are the appointed financial adviser on any of your plans we will act as your intermediary for those plans. We must have a lawful basis to collect and use personal information. This is explained below:
Required by law:
We use your personal information to comply with law and regulations:
- reporting to regulators;
- keeping proper books and records
We carry out internal reporting, quality checking, compliance controls and audits to help meet these obligations in relation to our regulated activities. We must collect certain personal information to comply with Anti-Money Laundering law. This depends on the type of service we offer you but includes up to date proof of identification and address information.
To give you financial advice we need personal and financial information about you and your dependents to assess your current and future needs. This will include information about your general state of health. We need this to make an appropriate financial recommendation for you. This will involve creating new and inferred personal information about you such as your investment risk profile. We must carry out this analysis using your personal information to comply with regulations.
As a regulated intermediary, we must use your personal information to identify whether a financial product is suitable for you based on the product target market identified by the relevant product provider.
When you give us your personal information we will check to see if we already have a record of you. This helps us to comply with your Data Protection rights. Please see section 9 of this Privacy Notice.
The type of personal information that is required by law may vary in the future and depends on the type of service we provide.
Needed for your contract:
We use your personal information for the performance of contracted services. The terms and conditions of these services will be set out in your contract.
We will use your personal information to verify you in order to provide additional services such as mobile app services and to provide some or all of the features associated with that service.