Worst-case scenario: How are investors protected if providers fail?

The rise of investment platforms has revolutionised the way individuals access and manage their investments. But as more investors use them, they understandably have questions about how their money is protected and what would happen if their platform failed. For advisers, an important part of their job is reassuring clients and explaining all the industry jargon and protections to make it easier for them to understand. And it's understandable that some investors are confused as there are different layers of protections and rules to keep them safe. So I'm going to unravel the different...