Nine out of 10 advisers affected in first year of GDPR - Intelliflo

Rules introduced on 25 May 2018

Julian Marr
clock • 2 min read

Nine out of 10 advice firms have been affected by the introduction of the General Data Protection Regulation (GDPR) this time last year, according to research by Intelliflo, although just one in five said it had had 'a major impact'.

A survey by the financial services IT provider to mark the introduction of the GDPR on 25 May 2018 found 20% of the 170 users of Intelligent Office canvassed reported that preparing for GDPR had a major impact on their daily business. Almost three-quarters (70%) said the rules had had some impact while just 8% felt it had no impact and 2% were unable to say. Asked about the number of breaches their firm has had to report to clients, prospects or the regulator, the survey found 83% of those canvassed had reported no breaches, 13% had reported between one and five breaches and 4% did not k...

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