Intelliflo has gathered representatives from 11 major advice networks and advice firm customers to form a working group that aims to solve challenges advisers may struggle with in preparing for the incoming General Data Protection Regulation (GDPR).
As well as leaders of advice firms and networks representing around 2,000 advice firms, the working group also includes GDPR experts from cybersecurity specialist NCC Group and legal firm DAC Beachcroft. The working group first met in late July with the aim, Intelliflo said, of "establishing common understanding of the implications of the regulation and to allow firms to share information about how they will look to meet the requirements of the regulation". Last week, the back-office provider revealed two-thirds (67%) of the 270 Intelligent Office (iO) users it canvassed admitted they...
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