Women’s wealth is rising, and the autonomy and sense of ownership women feel over their wealth is also growing.
Yet there are also daunting realities: 42% of marriages now end in divorce¹. And while divorce is harrowing for everyone, women can experience an outsized effect of the financial consequences.
To better understand the attitudes and implications of women’s growing wealth we undertook a survey Me, my money and I: the growing financial autonomy of UK women – which you can read in full here.
And while this article noted a behavioural shift in the way women manage their wealth – and the potential arising from that independence – we also identified the impact divorce can have on women’s finances if they are not prepared.
Among the five key findings: