Consumers urged to make financial new year's resolutions
22/12/2006

Tax-efficient investments, reviewing wills and investing in children should be some of the top new year's resolutions, it has been suggested.

Considering pensions and tax-efficient methods should also be at the top of the list, according to audit firm PricewaterhouseCoopers.

The company states that while most people are aiming to get fit or lose weight in the new year, many people may want to consider getting their finances into shape.

Leonie Kerswill, tax partner at PricewaterhouseCoopers, said: "The new year is a great opportunity to start getting finances in order.

"January is often a quiet month for expenditure which gives people a chance to review their financial situation."

Bearing all of this in mind, 2007 could be the year to get finances in shape and make money a new year's resolution, she added.

Overall, consumers should make a plan regarding their general financial situation in order to be prepared for the rest of the year, PricewaterhouseCoopers states.

Earlier this year, financial website unbiased.co.uk suggested that 21 per cent of Britons are aiming to tackle their finances in the new year.

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