Privacy Policy

Your privacy is fundamental to our mission. Learn how Standard Pensions Trust protects and manages your personal information.

Last Updated: January 2025
Version 2.0

Information We Collect

We collect information necessary to provide pension services, ensure regulatory compliance, and improve your experience with Standard Pensions Trust.

Personal Information

  • • Full name and title
  • • Ghana Card number and other ID documents
  • • Date of birth and nationality
  • • Contact details (email, phone, address)
  • • GPS address and hometown
  • • Marital status and gender
  • • Next of kin information

Employment & Financial Data

  • • SSNIT number and employment history
  • • Employer details and salary information
  • • Bank account details
  • • Pension contribution records
  • • Investment preferences
  • • Benefit claim information

Technical Information

  • • IP address and location data
  • • Browser type and device information
  • • Website usage patterns
  • • Session data and cookies
  • • Mobile app usage analytics

Communication Data

  • • Contact form submissions
  • • Survey responses and feedback
  • • Event registration information
  • • Customer service interactions
  • • Newsletter subscription preferences

How We Use Your Information

We use your information to deliver pension services, meet regulatory requirements, and enhance your experience.

Pension Administration

  • Managing your pension accounts
  • Processing contributions and benefits
  • Investment management
  • Generating statements and reports

Regulatory Compliance

  • NPRA reporting requirements
  • Tax obligations
  • Anti-money laundering checks
  • Know Your Customer (KYC) verification

Customer Service

  • Responding to inquiries
  • Providing account support
  • Processing benefit claims
  • Resolving issues and complaints

Communication

  • Sending account updates
  • Regulatory notifications
  • Educational content
  • Marketing (with consent)

Service Improvement

  • Website and app analytics
  • Survey responses analysis
  • User experience optimization
  • Product development

Data Sharing and Disclosure

We Never Sell Your Data

Standard Pensions Trust does not sell, rent, or trade your personal information to third parties for marketing purposes.

We only share your information in the following circumstances:

Regulatory Authorities

National Pensions Regulatory Authority (NPRA), Ghana Revenue Authority, Bank of Ghana, and other regulatory bodies as required by law.

Service Providers

Custodians, fund managers, auditors, actuaries, and technology providers who assist in delivering pension services under strict confidentiality agreements.

Legal Requirements

When required by law, court order, or to protect our rights, property, or safety, or that of our members or the public.

With Your Consent

When you explicitly consent to sharing information for specific purposes, such as employer reporting or benefit transfers.

Data Security

We implement robust security measures to protect your personal information against unauthorized access, alteration, disclosure, or destruction.

Technical Safeguards

  • • SSL/TLS encryption for data transmission
  • • Advanced encryption for data storage
  • • Multi-factor authentication
  • • Regular security monitoring
  • • Firewall and intrusion detection
  • • Secure backup systems

Administrative Safeguards

  • • Role-based access controls
  • • Staff training on data protection
  • • Regular security audits
  • • Incident response procedures
  • • Vendor security assessments
  • • Physical security measures

Data Breach Response

In the unlikely event of a data breach, we will notify affected members and relevant authorities within 72 hours, as required by law.

Your Rights

Under Ghana's Data Protection Act and international best practices, you have the following rights regarding your personal information:

Right to Access

Request a copy of the personal information we hold about you.

Right to Rectification

Request correction of inaccurate or incomplete personal information.

Right to Erasure

Request deletion of your personal information, subject to legal and regulatory requirements.

Right to Restrict Processing

Request limitation of how we process your personal information in certain circumstances.

Right to Data Portability

Request transfer of your personal information to another organization in a structured format.

Right to Object

Object to processing of your personal information for marketing purposes or legitimate interests.

Right to Withdraw Consent

Withdraw consent for processing where we rely on consent as the legal basis.

How to Exercise Your Rights

To exercise any of these rights, contact our Data Protection Officer:

info@standardpensionstrust.com

+233 (0) 302 780 765

Cookies and Tracking

We use cookies and similar technologies to enhance your experience, analyze usage, and improve our services.

Essential Cookies

Cannot be disabled

Required for basic website functionality, security, and user authentication.

Performance Cookies

Can be disabled

Help us understand how visitors interact with our website by collecting anonymous information.

Functional Cookies

Can be disabled

Remember your preferences and provide enhanced, personalized features.

Marketing Cookies

Can be disabled

Track your activity across websites to provide relevant advertisements.

Managing Cookies

You can control cookie settings through your browser preferences. However, disabling certain cookies may affect website functionality and your user experience.

Data Retention

We retain personal information only as long as necessary for the purposes outlined in this policy and as required by law.

Active Members

Duration of membership plus 7 years after termination

Regulatory requirements and potential claims

Pension Records

Permanent retention for active benefits

Ongoing pension obligations and payments

Financial Transactions

7 years from transaction date

Tax and regulatory compliance

Marketing Data

Until consent is withdrawn or 3 years of inactivity

Marketing effectiveness and consent management

Website Analytics

26 months maximum

Service improvement and trend analysis

Secure Disposal

When personal information is no longer needed, we securely delete or anonymize it using industry-standard methods to prevent unauthorized recovery.

International Data Transfers

Your personal information is primarily processed within Ghana. However, some data may be transferred internationally for:

  • • Cloud storage and backup services
  • • Software support and maintenance
  • • Regulatory reporting to international bodies
  • • Investment management services

All international transfers are protected by appropriate safeguards, including adequacy decisions, standard contractual clauses, or certification schemes.

Contact Us

If you have questions about this Privacy Policy or how we handle your personal information, please contact us:

Data Protection Officer

info@standardpensionstrust.com

+233 (0) 302 780 765

42 Nii Nortei Nyanchi Street
Dzorwulu, Accra, Ghana

Complaints Authority

If you're not satisfied with our response, you can lodge a complaint with:

Data Protection Commission

Ghana

dpc.gov.gh

Response Time

We will acknowledge your privacy-related inquiries within 2 business days and provide a complete response within 30 days.

Stay Informed

We may update this Privacy Policy periodically. We'll notify you of significant changes via email or our website.