Who we are:

Honan Financial Services
93 O’ Connell Street
Limerick v94r23v

Tel: + 353 87 127 7155

Where do we process personal data:

Honan Financial Services stores and process personal data in Ireland.

Purpose of the processing:

Honan Financial Services process personal data for the following purpose(s):

  • General provision compliance advice (performance of a contract).
  • Disclosure to regulatory bodies for the purposes of monitoring and/or enforcing the firm’s compliance with any regulatory rules/codes.
  • Client administration
  • Direct Marketing
  • Legal obligations
  • Employee administration
  • Monitoring (web history, Apps, Cookies)
  • Processing for a third party
Special Categories of personal data

If we collect any special categories of personal data (e.g. health, religious beliefs, racial, ethnic origin – financial information is not classified as special categories of personal data) – we will ensure the below:

  • We will obtain your explicit consent
  • Ensure the personal data is necessary for employment rights or obligations;
  • Protect the vital interests of the data subject, including the protection of rights and freedoms;
  • Only obtain information that is necessary for the legitimate activities with appropriate safeguards;
The legal basis for this processing is:
  • Express consent from clients. Where you have provided your consent to processing (e.g. to receive information about services which may be of interest to you), you may withdraw your consent at any time by contacting Honan Financial Services at info@Honan Financial Services.com.
  • Performance of a contract to provide you with regulatory compliance advice.
  • Legal obligations: Honan Financial Services may be required through various legislation to retain client information for specified periods. Where Honan Financial Services requires your personal information to comply with legal requirements, failure to provide this information means Honan Financial Services may not be able to provide the services you request.
Recipient(s) of the personal data:

Honan Financial Services may disclose your personal data as follows:

  • To Honan Financial Services affiliates and third-party vendors in order to process the data for the above-mentioned purposes
  • To competent authorities, courts and bodies as required by law
  • Any third parties that we may share your data with are obliged to keep your details securely, and to use them only to fulfil the service they provide on your behalf. When they no longer need your data to fulfil this service, they will dispose of the details in line with their own GDPR compliant procedures. If we wish to pass your sensitive personal data onto a third party we will only do so once we have obtained your consent, unless we are legally required to do otherwise
Details of transfers to third country/countries:

The disclosure of personal information to the affiliates and other third parties set out above may involve the transfer of data to the USA and other jurisdictions outside the European Economic Area (EEA).
By providing your information, you are consenting to the transfer of the information outside of your country to any country (including countries which may not have adequate levels of protection).
Honan Financial Services may disclose information it has collected about you if required to do so by law or when necessary to protect the rights of Honan Financial Services or its employees.

Data Retention period:

Data will not be held for longer than is necessary for the purpose(s) for which they were obtained. Honan Financial Services will process personal data in accordance with our retention schedule.

Your rights:

You have the following rights in respect to the personal data that Honan Financial Services hold on you. Please contact us at the address above in order to exercise any of these rights:

1. The right to be informed: You have the right to receive “fair processing information”.
2. The right of access: You have the right to obtain:
• Confirmation of your personal data being processed
• Access to a copy of your personal data
• And any other supplementary information
3. The right to rectification: You have the right to have your personal data corrected if it is inaccurate or incomplete
4. The right to erasure (includes withdrawal of consent): You have the right to have your personal data erased, in the following circumstances:
• You withdraw consent.
• The personal data has to be deleted to comply with a legal obligation.
• The personal data was unlawfully processed.
• Where the personal data is no longer necessary in relation to the purpose for which it was originally collected.
• Where you object to the processing and there is no superseding legitimate requirement to continue the processing.
• The personal data is processed in relation to the offer of “information society services” to a child.
5. The right to restrict processing: You have the right to ‘block’ or suppress processing of personal data
6. The right to data portability.
7. The right to object: You have the right to object to:
• Processing based on legitimate interests or the performance of a task in the public interest/exercise of official authority (including profiling).
• Direct marketing (including profiling).
• Processing for purposes of scientific/historical research and statistics.
8. Rights in relation to automated decision making and profiling: You have the right not to be subject to a decision when:
• It is based on automated processing.
• It produces a legal effect or a similarly significant effect on the data subject.

The right to complain:

If you feel that Honan Financial Services has not fulfilled its obligations under the General Data Protection Regulation 2016/679, then you have the right to lodge a complaint with the Data Protection Commissioner (DPC) at www.dataprotection.ie

Get in touch with us

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Our Partners

TESTIMONIALS

My initial meeting with Darach was as a Lecturer in LIT who will have less than 40 years- service at retirement.  After a completing a review, I had a clear understanding of how my pension worked and how best to optimize it going forward.

I have found Darach to be very friendly, knowledgeable, no way pushy and quite transparent in his recommendations. I would strongly urge you to have that initial consultation. My experience of Honan Financial Services has been a very positive one both personally and financially.

Tim Galvin , Lecturer, Limerick Institute of Technology

I was looking for alternatives to saving in the bank as there was little to no growth to be had in their savings accounts. Honan FS made it very easy to invest in a multi asset fund which meets my long-term goals. I’d recommend Honan FS to anyone looking for advice on any aspect of their financial planning.

Sean, Business Development Manager

When taking out our mortgage we were offered mortgage protection by the bank. After a review with Darach we found a policy which was more comprehensive and better value for money. We were also able to optimize our savings through a regular savers policy which has achieved far better returns than what was on offer with the bank.

Anthony O’Halloran, Director, Deloitte

At the start of 2021 we both decided to do a health check on our financial status. We both had occupational pensions schemes left from previous employers and we reached out to Darach for assistance and advice on transfer options. Darach was excellent in helping us map out our future financial needs , determining our outlook to risk , providing sound financial advice and discussing best performing options to suit us

Darach dealt on our behalf with the previous pension providers and their associated agencies and the whole process we felt was very professional and a seamless transaction to us. Because of interest rate returns on bank deposits /post office being virtually zero and essentially loosing money on deposit we also seeked advice on alternative investment products for the mid to long term.

We were looking for products that gave a good rate of return and that we could lock away for 10 years plus to help with education funding. Both requirements were met very professionally by Darach and his team. We are both very happy we reached out to Darach . The only regret was we didn’t do this a few years earlier but better late than never.”

Gerard & Niamh O’Grady, Private Clients
Darach has looked after my pension for a number of years and once he setup Honan Financial Services, it was an easy decision to move my pension / financial planning with him. Darach continuously demonstrates a thorough and rigorous approach to customer service and his clients individual’s needs. He is thoroughly professional, exceptionally friendly and the best in the west in my opinion. I would highly recommend him to all.
Shane Murphy, Private Client