Strategic Financial Solutions Pty Ltd is committed to providing you with the highest levels of client service. We recognise that your privacy is very important to you. The Privacy Amendment (Private Sector) Act, 2000 sets out a number of National Privacy Principles (NPPs). The new privacy requirements were introduced to increase the privacy rights of the public. Strategic Financial Solutions Pty Ltd will support the new requirements and comply with them fully. Further information regarding privacy may be obtained by visiting the website of the Office of the Federal Privacy Commissioner at www.privacy.gov.au.
Strategic Financial Solutions Pty Ltd is required to meet particular legislative and regulatory requirements. In order to provide comprehensive financial planning advice to you, we are required to collect certain personal information from you.
Personal information held by Strategic Financial Solutions Pty Ltd may include the following:
If you choose not to provide certain personal information or provide incorrect information, the advice and/or recommendations may be inappropriate or inadequate.
Strategic Financial Solutions Pty Ltd collects personal information in a number of ways, including:
Primarily, your personal information is used in order to provide comprehensive and/or limited financial planning services to you.
From time to time, we may provide you with direct marketing material. This will include articles, questionnaires and newsletters that may be of interest to you. If, at any time, you do not wish to receive this information any further, you may contact us with this request. We will endeavour to meet your request within two (2) weeks.
As a Principal Member of the Financial Planning Association of Australia, we are required to meet a level of professional standards. From time to time, we may need to provide the Association with access to your personal information to ensure that we are meeting our compliance requirements.
The Corporations Act has provided the Australian Securities and Investments Commission with the authority to inspect certain personal information that is kept on our files about you.
For the purposes set out above, we may disclose your personal information to organisations outside Strategic Financial Solutions Pty Ltd. The organisations to which we disclose information may include:
In addition, our employees and the outsourcing companies/contractors are obliged to respect the confidentiality of any personal information held by Strategic Financial Solutions Pty Ltd.
We keep your personal information in your client file. These files are accessible to authorised personnel only and are appropriately secured out of hours.
Your personal information may also be held on our computer database. All computer-based information is protected through the use of access passwords. Data is backed up regularly and stored securely off site.
It is a legislative requirement that we keep all personal information and records for a period of 7 years. Therefore, if you are no longer a client of Strategic Financial Solutions Pty Ltd, we will maintain your personal information on or off site in a secure manner for 7 years. After this, we will ensure it is destroyed in a secure manner.
Strategic Financial Solutions Pty Ltd takes all reasonable precautions to ensure that the personal information we collect, use and disclose is accurate, complete and up-to-date. To ensure we can maintain this level of accuracy and completeness, we recommend that you:
You have a right to access your personal information, subject to certain exceptions allowed by law. We ask that you provide your request for access in writing (for security reasons) and we will (subject to certain exceptions) provide you with access to that personal information. Access to the requested personal information may include:
Please contact our Privacy Officer if you wish to complain about any breach or potential breach of your privacy rights. Your complaint will be responded to within 24 hours. If you are not satisfied with the outcome of your complaint, you are entitled to contact the Office of the Privacy Commissioner.