Client data security to become even more vital in advice industry

Confirmed in the King's Speech on 17 July, the Bill aims to use data "innovatively" to be safely developed and deployed. It will also look to make public services work better by reforming data sharing and standards and ensure data is protected by giving the Information Commissioner's Office "new, stronger powers and a more modern structure". Scottish Widows head of platform propositions Ross Easton thinks the measures look positive for the advice industry and is something that could be beneficial for advisers and consumers.  "We welcome any developments which make client verification ...