Bulletin - October 2021

4 min read 13 Oct 21

Terms of business, privacy policies and firm application forms updated

We’ve made some changes to the adviser terms of business and the new firm/individual user application forms:

We’re introducing some Brexit-related changes

We’ve updated our email address and privacy policy links

We’ve also updated our adviser and client privacy policies.

Please make sure you're using the latest version of any documents and forms. You can access them when you're logged into the platform under the 'Documents and Forms' section.

Terms changes in detail

If you’d like more detail on what’s changed, here’s a comparison of the old and new wording:

Terms of Business

	Old wording	New wording
Section 8 introduction	The expressions “data controller”, “processing”, “data processor”, “data subject”, and “personal data breach” shall bear their respective meanings given in the Data Protection Legislation and any other grammatical forms of those expressions shall be interpreted accordingly.	The expressions “controller”, “processing”, “processor”, “data subject”, and “personal data breach” shall bear their respective meanings given in the Data Protection Legislation and any other grammatical forms of those expressions shall be interpreted accordingly.
8.2	Please see our Adviser Privacy Policy (which we will update from time to time) at www.ascentric. co.uk/privacy-policy for more information.	Please see our Adviser Privacy Policy (which we will update from time to time) at Ifdl.info/adviserprivacypolicy for more information
8.5	To provide the services under these Terms of Business it may be necessary to transfer your Personal Data to countries that provide a different level of data protection from the UK…	To provide the services under these Terms of Business it may be necessary to transfer your Personal Data to countries that provide a different level of data protection from the EEA and/or UK…
8.7	IFDL’s Client Privacy Policy, which is available at www. ascentric.co.uk/privacy-policy confirms how we may use the Client Personal Data provided to us by you under these Terms of Business.	IFDL’s Client Privacy Policy, which is available at Ifdl.info/privacypolicy confirms how we may use the Client Personal Data provided to us by you under these Terms of Business.
8.8	The Parties both acknowledge that each Party acts as a data controller in respect of any Personal Data processed in respect of the Client under these Terms of Business and to the extent that both Parties are data controllers, each Party agrees that it shall: …	The Parties both acknowledge that each Party acts as a controller in respect of any Personal Data processed in respect of the Client under these Terms of Business and to the extent that both Parties are controllers, each Party agrees that it shall: …
8.9	You will comply with your obligations under the Data Protection Legislation in respect of all Personal Data for which you are a data controller or data processor…	You will comply with your obligations under the Data Protection Legislation in respect of all Personal Data for which you are controller or processor…
Back page	adoption@ascentric.co.uk	platformadoption@mandg.com

Firm Application form

	Old wording	New wording
Front page	adoption@ascentric.co.uk	platformadoption@mandg.com
Section 8 introduction	The expressions “data controller”, “processing”, “data processor”, “data subject”, and “personal data breach” shall bear their respective meanings given in the Data Protection Legislation and any other grammatical forms of those expressions shall be interpreted accordingly.	The expressions “controller”, “processing”, “processor”, “data subject”, and “personal data breach” shall bear their respective meanings given in the Data Protection Legislation and any other grammatical forms of those expressions shall be interpreted accordingly.
8.2	…Please see our Adviser Privacy Policy (which we will update from time to time) at www.ascentric. co.uk/privacy-policy for more information.	…Please see our Adviser Privacy Policy (which we will update from time to time) at Ifdl.info/adviserprivacypolicy for more information
8.5	To provide the services under these Terms of Business it may be necessary to transfer your Personal Data to countries that provide a different level of data protection from the UK…	To provide the services under these Terms of Business it may be necessary to transfer your Personal Data to countries that provide a different level of data protection from the EEA and/or UK…
8.7	IFDL’s Client Privacy Policy, which is available at www. ascentric.co.uk/privacy-policy confirms how we may use the Client Personal Data provided to us by you under these Terms of Business.	IFDL’s Client Privacy Policy, which is available at Ifdl.info/privacypolicy confirms how we may use the Client Personal Data provided to us by you under these Terms of Business.
8.8	The Parties both acknowledge that each Party acts as a data controller in respect of any Personal Data processed in respect of the Client under these Terms of Business and to the extent that both Parties are data controllers, each Party agrees that it shall: …	The Parties both acknowledge that each Party acts as a controller in respect of any Personal Data processed in respect of the Client under these Terms of Business and to the extent that both Parties are controllers, each Party agrees that it shall: …
8.9	You will comply with your obligations under the Data Protection Legislation in respect of all Personal Data for which you are a data controller or data processor…	You will comply with your obligations under the Data Protection Legislation in respect of all Personal Data for which you are controller or processor…
Data Protection	…this is available at www. ascentric.co.uk/privacy-policy	…this is available at Ifdl.info/privacypolicy

Network Application form

	Old wording	New wording
Front page	adoption@ascentric.co.uk	platformadoption@mandg.com
Section 8 introduction	The expressions “data controller”, “processing”, “data processor”, “data subject”, and “personal data breach” shall bear their respective meanings given in the Data Protection Legislation and any other grammatical forms of those expressions shall be interpreted accordingly.	The expressions “controller”, “processing”, “processor”, “data subject”, and “personal data breach” shall bear their respective meanings given in the Data Protection Legislation and any other grammatical forms of those expressions shall be interpreted accordingly.
8.2	…Please see our Adviser Privacy Policy (which we will update from time to time) at www.ascentric. co.uk/privacy-policy for more information.	…Please see our Adviser Privacy Policy (which we will update from time to time) at Ifdl.info/adviserprivacypolicy for more information
8.5	To provide the services under these Terms of Business it may be necessary to transfer your Personal Data to countries that provide a different level of data protection from the UK…	To provide the services under these Terms of Business it may be necessary to transfer your Personal Data to countries that provide a different level of data protection from the EEA and/or UK…
8.7	IFDL’s Client Privacy Policy, which is available at www. ascentric.co.uk/privacy-policy confirms how we may use the Client Personal Data provided to us by you under these Terms of Business.	IFDL’s Client Privacy Policy, which is available at Ifdl.info/privacypolicy confirms how we may use the Client Personal Data provided to us by you under these Terms of Business.
8.8	The Parties both acknowledge that each Party acts as a data controller in respect of any Personal Data processed in respect of the Client under these Terms of Business and to the extent that both Parties are data controllers, each Party agrees that it shall: …	The Parties both acknowledge that each Party acts as a controller in respect of any Personal Data processed in respect of the Client under these Terms of Business and to the extent that both Parties are controllers, each Party agrees that it shall: …
8.9	You will comply with your obligations under the Data Protection Legislation in respect of all Personal Data for which you are a data controller or data processor…	You will comply with your obligations under the Data Protection Legislation in respect of all Personal Data for which you are controller or processor…
Data Protection	…this is available at www. ascentric.co.uk/privacy-policy	…this is available at Ifdl.info/privacypolicy

The information contained in this page is for professional Financial Adviser use only. If you are a private investor, please visit the Private Investor section or contact your Financial Adviser for more information.

The M&G Wealth Platform is provided by Investment Funds Direct Limited, registered in England and Wales No. 1610781. Registered Office: 10 Fenchurch Avenue, London EC3M 5AG. Authorised and regulated by the Financial Conduct Authority: 114432.

Investment Funds Direct Limited is a subsidiary of M&G plc, incorporated and registered in England and Wales. Registered office: 10 Fenchurch Avenue, London EC3M 5AG. Registered number 11444019. M&G plc is a holding company, some of whose subsidiaries are authorised and regulated, as applicable, by the Prudential Regulation Authority and the Financial Conduct Authority.