Women ‘fare worse in divorce’

family law

Women typically earn less than men following a divorce, a new report suggests.

Researchers from the National Centre for Social and Economic Modelling (NATSEM) at the University of Canberra in Australia found that divorced women earn around ten per cent less than their married peers. By contrast, divorced men earn an average of 26 per cent more than married men.

The number of women who go to work is 14 per cent higher among those who have divorced than married women, but the end of a marriage has very little effect on the employment rate of men.

Newly divorced mothers spent more than 66 per cent of their household budget on ‘essential’ items the researchers found. These include food, utility bills and clothing. Around 20 per cent also struggle to afford things like school uniforms and 30 per cent find the cost of childcare difficult to manage.

The report, titled For Richer, For Poorer, was jointly published by NATSEM and financial management firm AMP. Paul Sainsbury is the Chief Customer Officer for the latter. He said that “most couples don’t plan for divorce” and this “often means finances are a lower priority and mishandled during a separation”. As people are divorcing later in life “the long-term financial impacts can be considerable” he explained.

In 2014, a study by investment service Nutmeg found that more than half of women worried about how they would cope financially if they divorced. This research also revealed that as many as a third of women have no retirement savings and 18 per cent of divorced women had to rent a place to live as they could not afford to buy a house.

Read For Richer, For Poorer here.

Photo courtesy of Ken Teegardin via SeniorLiving.org.

Stowe Family Law Web Team

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6 comments

Andy - December 13, 2016 at 7:20pm

Utter crap….Just talk to any kicked out father how much his finances are hit by imposed agencies who decimate salaries only to be given to the ex mother at a will..One example is Spoucal maintenance for life…and CMS payments up till age 20…

So the Golddigger law supporting mother can have a life style as was once was..As for the father nothing…
Utter crap…

Andrew - December 13, 2016 at 7:34pm

I think you should at the beginning have pointed out that this survey is not from Britain.

spinner - December 13, 2016 at 9:22pm

lol what is this nonsense. Any level of analysis of the use of the figures presented here would show that they do not match the stated “women fare worse in divorce”. It’s this kind of interpretation that gives women’s rights activists such as the person who’s written this article a bad name.

JamesB - December 13, 2016 at 9:28pm

18 per cent of divorced women had to rent , the rest get the house. I know hmlr has issues getting men to do the dirty work as do csa / cmec / cms / cmoptions taking from the men to give to the women as reward for treating their men with complete contempt. While we are on the subject the sooner the current immoral system is scrapped and back to poor / work houses the better. Stop encouraging women to dump their men by rewarding it.

JamesB - December 13, 2016 at 9:40pm

Come to think of it there seem to be a lot more female staff and assistants in cafcass and family law county court including assistants as well.

Andy - December 14, 2016 at 6:36pm

I know this is stupid but where is any comment of support for fathers in such demanding financial situations..
Support such as Dads net or F4J…
or are they the quiet and silent group…..

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