A recent study by the University of Manchester has revealed that there is a wide disparity in pension wealth between divorced men and women. The study found that in married couples aged 55-65, men had over three times the pension wealth of women. Research has also shown that following financial settlements upon divorce men are still left with a much higher pension wealth than women. When it comes to divorce, women are far more likely to prioritise keeping the family home whilst men are … [Read more...]
Pensions on Divorce – How to make sure you have a fair deal?
In many marriages, a pension can be a substantial asset. Unfortunately however, it is often overlooked meaning that many couples are not receiving their fair share of the marital finances on divorce. Pensions are a complex area and this is often the reason why they are left out, there is usually very little information available that can be easily understood, or one person has a strong emotional attachment to keeping their pension as something they have worked their whole lives for. A new … [Read more...]