Investors have been urged to make three New Year resolutions for their finances .
Fidelity Investment Managers said that savers must take control of their income and focus on generating wealth in 2011.
The organisation called on investors to make the most of their tax-free allowances in the New Year, after its research showed that just 11 per cent want to maximise this area.
'Know your goals' is the second of the investment expert's key tips for next year and 'start now' is the third.
Rob Fisher, head of UK personal investments at Fidelity, said: "There are many things that people tend to add to their list of New Year resolutions but in the current climate it is more important than ever to move your financial resolutions up the priority list."
He added: "It has been a tough financial year for many and we owe it to ourselves to keep as much of our hard earned money as we can. Make it a 'New Year's resolution' to have a good understanding of your own financial position and get your savings in order."




