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Divorced women risk poverty in old age

New research from the Universities of Edinburgh and Glasgow has found that women going through a divorce are risking poverty in retirement because they are giving up their share of the couple’s pension schemes to keep the family home.

Pensions were the most important assets for men to hold on to after divorce, and researchers found that only 11% of survey respondents said pension sharing had been agreed.

”Pension sharing is much discussed, but seldom agreed,” said Dr Jane Mair, Senior Lecturer in Law, University of Glasgow.

“In interviews, 25% of women reported being worse off financially, while all men but one reported their financial situation was either the same or better than when they were married.”

Professor Fran Wasoff, University of Edinburgh said: “Settlement is perhaps always about compromise and the point at which parties will compromise appears in many cases to be gendered. While it was common for men to focus on the preservation of their pension, for women it was about stability, children and the family home.”

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