The Data (Use and Access) Act 2025 (DUAA) is a new UK law that strengthens how organisations collect, use, and protect your personal and financial information. It gives you more control, more transparency, and more choice over how your data is handled.
This page explains what the changes mean for you and how our firm is preparing.
DUAA updates the UK’s data‑protection laws and introduces new standards for secure data sharing and digital identity verification. It also expands the UK’s “Open Banking” system into a wider Open Finance framework, covering more financial products.
The aim is simple: to give you clearer rights, stronger protections, and better access to your own financial information.
You will have clearer rights to:
You stay in control at all times.
If you choose to share your financial information—for example, with an adviser, lender, or pension provider—DUAA ensures this is done securely and only with your permission.
Open Finance will allow you to securely share information from a wider range of products, including:
This can help us provide more accurate and personalised advice.
Firms must explain in plain English:
DUAA introduces new Digital Verification Services (DVS). This means you may be able to verify your identity digitally-quickly, securely, and without sending physical documents.
Between now and 1 August 2026, we are updating our systems and documents to meet the new requirements. You may notice:
These updates are designed to protect you and improve your experience.
In most cases, no action is required. We will contact you if we need updated permissions or if any changes affect how we provide our services.
We are committed to:
If you have any questions about how your data is used or about the DUAA changes, our team is here to help.
The UK Data (Use and Access) Act has changed data protection rules. As an independent advisory firm, we have updated our processes to give you stronger rights, improved complaint workflows, and clearer visibility over how your information is handled.
We process your data securely under these new statutory frameworks to protect your financial future.
To review the full details, please read our updated Privacy Notice