A recent study has found that 19% of women stop paying into pension funds after they divorce and 25% reduce their levels of savings. It also found that only one in six divorced women had rights to a pension through their ex-husband.
Further findings by the Phoenix Group were;
- 66% of female divorcees over 40 rely on the state pension in retirement;
- 38% of women have no idea what settlement they received following their divorce;
- 20% of women have no idea about their pension provision since their divorce.
For advice on your rights on pension settlement in divorce proceedings call our specialist team now on 0845 548 1007.