Guide on how to deliver suitable advice launches

"Great financial planning firms will already be doing this, but it is important to keep delivering positive client outcomes for all involved in the advice process."

He added: "As such, I wrote the guide specifically with financial advisers in mind, and added some examples based on my own experience with the regulator and advice firms. It includes a lot of practical help on the changes you need to make."

Mr Neilson said: "We are delighted to be partnering with someone of Rory’s calibre and expertise to provide this guide to suitability for advisers.

"This comprehensive white paper aims to help advisers make sense of the various requirements suitability brings, how they apply to their business and we hope they find it useful in helping in their advice processes."