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ARTICLE · 23 NOVEMBER 2023

UK Pensions Briefing: The General Data Protection Regulation: Five Years On

May 25, 2023, marked the five-year anniversary of the General Data Protection Regulation (GDPR) coming into force. Post-Brexit, the GDPR was transposed into UK law by way of the European Union (Withdrawal)...

European UnionPrivacy

May 25, 2023, marked the five-year anniversary of the General Data Protection Regulation (GDPR) coming into force. Post-Brexit, the GDPR was transposed into UK law by way of the European Union (Withdrawal) Act 2018 and the European Union (Withdrawal Agreement) Act 2020.

The impact that this piece of legislation has had across all sectors, including the pensions sector, has been significant.

It has required organisations, including trustees, to prioritise the protection of personal data and to increase transparency, security and responsibility.

In the run up to May 25, 2018, many schemes implemented GDPR compliance projects to ensure the correct notices, policies and procedures were in place to meet the many new requirements imposed by the legislation.

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