.Whilst your vow to go to the gym every day is beginning to falter, it’s a good lesson to set realistic goals for yourself.
.The same applies to financial goals and the start of a new year is a good time to review your current arrangements to make sure you’re making the most of your money. With so many products available it can be daunting to identify what you need and it’s easy to make the mistake of thinking that your investments, pensions and savings do not need to be reviewed once they’re set up.
.Reviewing your policies regularly allows you to check if the charges you are paying remain competitive or if they are actually eating away at your cash. It also allows you to review your investment performance and establish if there should be a change to your desired risk approach. It may be that you’ve just recently had a baby or had an unexpected job change and that high risk investment needs to change to suit your new capacity for loss.
.Having an advisor on hand to take care of this for you can be very valuable.