This Privacy Notice explains how we use, share and otherwise process your Personal Data in connection with your relationship with us. It applies to www.proveninvestments.co.uk and any related websites (the “Website”) and all of the ProVen investment products and in particular the entities set out below.
Beringea
Beringea LLP (“Beringea”) is the manager of the ProVen VCTs and the ProVen Estate Planning Service. Beringea is a limited liability partnership registered in England and Wales with company number OC342919 and whose registered office is Charter House, 55 Drury Lane, London WC2B 5SQ. Beringea is authorised and regulated by the Financial Conduct Authority (reference number 496358).
ProVen VCTs
ProVen VCT plc (“PVN”) and ProVen Growth and Income VCT plc (“PGI” and together the “ProVen VCTs”). PVN is a public limited company registered in England and Wales with company number 3911323 and whose registered office is Charter House, 55 Drury Lane, London WC2B 5SQ. PGI is a public limited company registered in England and Wales with company number 4125326 and whose registered office is 55 Drury Lane, London WC2B 5SQ.
ProVen Estate Planning Service
The ProVen Estate Planning Service (“PEPS”) is a discretionary service managed by Beringea (details for which are above).
Any reference in this policy to “we”, “us”, “our” should be construed as meaning Beringea in the case of the ProVen Estate Planning Service and the PVN and PGI in the case of the ProVen VCTs.
The Website is owned by Beringea. Should you have any questions about this Privacy Notice you can contact us at the address above, by telephone on +44 (0)20 7845 7820 or by email at info@beringea.co.uk.
We may provide supplemental privacy notices on specific occasions when we are collecting or processing Personal Data about you so that you are fully aware of how and why we are using your Personal Data. Those supplemental notices should be read together with this Privacy Notice.
The term “Personal Data” as used in this Privacy Notice means any information which relates to a living individual who can be identified from that data such as name, contact details, bank account details etc. Personal Data does not include data from which you can no longer be identified such as anonymised aggregate data.
The kinds of Personal Data we may collect include your contact details (such as your address, email address and telephone number). This is usually taken when you apply for shares in the ProVen VCTs or invest in PEPS, although we may collect Personal Data you choose to provide to us, e.g. if you contact us by letter, telephone, email or any other means of electronic or personal communication including through the Website. The Website uses cookies to distinguish you from other users of our sites. This helps us to give you the best possible experience when you browse our sites, and also allows us to improve the design, layout and function aspects of our sites. By continuing to browse our sites, you’re agreeing to our use of cookies. For detailed information on the cookies we use and the purposes for which we use them, see our cookie policy.
We will process your Personal Data if and to the extent applicable law provides a lawful basis for us to do so. We will therefore process your Personal Data only:
We will use your Personal Data to deliver our services to you (for example, to confirm your identity and address, to carry out your instructions and administer any service we provide or investment we make on your behalf and comply with regulatory requirements such as anti-money laundering checks), or the company/business you work or act for. We may also use your Personal Data to inform you about our services and our marketing and events.
Please note that we may use or disclose Personal Data if we are required by law to do so or if we reasonably believe that use or disclosure is necessary to protect our rights and/or to comply with judicial or regulatory proceedings, a court order or other legal process.
We may need to request specific information from you to help us confirm your identity and ensure your right to access Personal Data (or to exercise any of your other rights). This is another appropriate security measure to ensure that Personal Data is not disclosed to any person who has no right to receive it.
It is important that the Personal Data we hold about you is accurate and current. Please let us know if your Personal Data changes during your relationship with us.
We implement appropriate technical and organisational measures in order to protect your Personal Data against accidental or unlawful destruction, accidental loss or alteration, unauthorised disclosure or access and any other unlawful forms of processing. We aim to ensure that the level of security and measures adopted to protect your Personal Data are appropriate for the risks presented by the nature and use of your Personal Data. We follow recognised industry practices for protecting our IT environment and physical facilities.
It is in your sole discretion to provide Personal Data to us. If you do not provide us with all or some of the Personal Data we request, we may not be able to provide all or some of our services, to enter into a contract with you or to send other information to you.
We will only use your Personal Data for the purposes for which we collected it, unless we reasonably consider that we need to use it for another reason which is compatible with the original purpose. If we need to use your Personal Data for an unrelated purpose, we will notify you and we will explain the legal basis which allows us to do so.
In some circumstances we may anonymise your Personal Data so that it can no longer be associated with you, in which case it is no longer Personal Data.
When using your Personal Data for the purposes and on the legal basis described above, we may share your Personal Data with third parties and services providers we work with. In the case of the ProVen VCT’s this may include, but is not limited to, Beringea, the ProVen VCTs registrar, any client account administrator, receiving agent, online application form provider and companies that manage the ProVen VCTs shareholder mailings. We may also share information with investor’s financial adviser (or companies that provide investor reporting services to financial advisers) if requested by them.. For the purpose the ProVen Estate Planning Service, we may also share your information with any custodian and nominee involved with PEPS, the trading companies in which we arrange for investments to be made and our partners, such as Armstrong Capital Management Limited.
We may also have to share your Personal Data with regulators, public institutions, courts or other third parties.
For the purposes described above we may have to transfer your Personal Data from the European Economic Area (EEA) outside of the EEA and in a jurisdiction not being subject to an adequacy decision of the European Commission. We will always ensure that there is a legal basis and a relevant safeguard method for such data transfer so that your Personal Data is treated in a manner that is consistent with, and respects the EU laws and other applicable laws and regulations on data protection.
You have rights as an individual which you can exercise under certain circumstances in relation to your Personal Data that we hold. These rights are to:
If you want to exercise one of these rights please contact us at info@beringea.co.uk.
You also have the right to make a complaint at any time to the Information Commissioner’s Office (ICO), the UK supervisory authority for data protection issues, or, as the case may be, any other competent supervisory authority of an EU member state.
In case you have provided your consent to the collection, processing and transfer of your Personal Data, you have the right to fully or partly withdraw your consent. To withdraw your consent, please contact info@beringea.co.uk. Once we have received notification that you have withdrawn your consent, we will no longer process your information for the purpose(s) to which you originally consented unless there are compelling legitimate grounds for further processing which override your interests, rights and freedoms or for the establishment, exercise or defence of legal claims. In case we processed your Personal Data for direct marketing purposes, you have the right to object at any time, in which case we will no longer process your Personal Data for such marketing purposes.
We will only retain your Personal Data for as long as necessary to fulfil the purposes for which it was collected and processed, including for the purposes of satisfying any legal, regulatory, accounting or reporting requirements.
To determine the appropriate retention period for your Personal Data, we will consider the amount, nature, and sensitivity of the Personal Data, the potential risk of harm from unauthorised use or disclosure of your Personal Data, the purposes for which we process your Personal Data and whether we can achieve those purposes through other means, and the applicable legal requirements.
In some circumstances we may anonymise your Personal Data so that it can no longer be associated with you, in which case it is no longer Personal Data.
Upon expiry of the applicable retention period we will securely destroy your Personal Data in accordance with applicable laws and regulations.
You will in general not have to pay a fee to exercise any of your individual rights mentioned in this Privacy Notice. However, we may charge a reasonable fee if your request to exercise your individual rights is manifestly unfounded or excessive. Alternatively, we may refuse to comply with the request in such circumstances.
We reserve the right to update this Privacy Notice at any time, and we will make an updated copy of such privacy notice available on the Website.
If you have any concerns or require any further information, you can contact us at the address above, by telephone on +44 (0)20 7845 7820 or by email at info@beringea.co.uk.
Privacy is important to us, so you have the option of disabling certain types of storage that may not be necessary for the basic functioning of the website. Blocking categories may impact your experience on the website. More information
