The topic of security is ever present and as financial advisers make the shift to digital the importance of security cannot be underestimated.

This mini-report on security provides headline trends on the direction platform providers are moving in terms of digital security protocols available to financial advisers using their services. This data is based on information given by 11 platform service providers.

The topic is of critical importance. We estimate that financial advisers are responsible for more than £500bn of UK wealth. Most of those assets are in custody on advisers platforms. A security breach could be ruinous for the adviser and the platform.