Death still remains to be a taboo subject and people avoid talking about it. Whether that’s discussing what they want to happen when they die with their family, or speaking to a professional (such as a Financial Adviser or Will Writer) about plans to protect their legacy when the time comes. People typically still find talking about death uncomfortable and struggle to bring it up as a topic of conversation. Almost 60% of people do not have a Will in place, which makes you wonder whether that is due to this stigma surrounding death.

There is a key opportunity in the financial services industry as trillions of pounds are expected to be handed down from the rich to their children in the coming years. Independent financial advisers (IFAs) could more frequently be called upon for financial advice as heirs inherit large sums of money.

Our first blog post about the GDPR looked at what it is, how it impacts your business and shared some actionable steps for you to take. Now, our second article goes into more detail about data including what information the GDPR applies to, how data can be used for Marketing and three of the biggest changes which you need to act upon as soon as possible.

GDPR is certainly an important topic of conversation which shouldn’t be ignored. The new data regulations could result in tougher fines so now’s the time to get to grips with the GDPR. This blog post covers what it is, how it differs from the Data Protection Act, why you should pay attention and the first steps you can take towards being compliant.