Women getting pensions short straw in divorce settlements





Women getting pensions short straw in divorce settlements

According to new research, divorced women are missing out on an estimated £5 billion a year because pension savings are often overlooked during divorce settlements. A study by Scottish Widows has found that seven out of 10 couples do not bring pensions into divorce settlements even though they can potentially be one of the biggest […]

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Older people fast becoming “generation work”

Thinking of staying in work past the official retirement age? Then join the generation steadily pushing back the age of retirement. The employment rate for those between 50 and 64 reached a record high point of 71.2pc this summer. This is only a smidge below the national employment rate across all ages of 75.3pc, itself […]

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A third of over 55s unsure if they can afford to retire on their savings

New research from pension communications company Pension Geeks shows that 83% of people in work wish they were saving more into their pension, with almost a third of over-55s uncertain if they will be able to retire on their current savings. The concerns are backed by recent savings figures: the Scottish Widows Retirement Report shows […]

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Retirement isn’t for everybody…

…so let’s get our heads around flexible working… and self employment. Major shifts in demographics are changing the way we look upon retirement, writes Tony Watts OBE. So what are the implications for our financial plans? I was part of a stimulating two-day gathering recently in London where several hundred people discussed the concept that […]

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