Annual financial health check could help to boost savings
Consumers should consider having a review of their financial position in order to make long-term savings.
The Co-operative Insurance Society (CIS) is advising that people start the new year by carrying out a 'health check' on their financial matters and make sure they are getting the best deal on a range of finance products and services such as critical illness and house insurance.
In particular, those wanting to make lifestyle changing decisions over the next 12 months such as moving house, having a child or taking a career break should ensure that their savings are earning the best interest rates and that any loans are offering good value-for-money.
'The start of a new year is the ideal time to take stock of your short and longer term financial needs,' said Charles McKeown, CIS Insurance sales director.
'Too often we are ill equipped to cope financially when changes occur and by then it is often too late to put the necessary provision in place.' | 
