Women Being Shortchanged Over Pensions During Divorce
A recent report on women and retirement from Scottish Widows reveals that over two thirds of divorcing couples fail to discuss pensions during settlements and, as a result, women are often left worse off when it comes to finances post-separation. The study suggests that women are less likely to prepare adequately for retirement, with 52% of women surveyed having plans in place compared to 59% of men. Additionally, one out of four women have a smaller pension pot than their husband. When it comes to divorce and separation, 48% of women reported that they did not know how pensions might be divided or distributed when a couple split, and ...
