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Give access to funds from a pension share after divorce if it can help to house.

Submitted on Saturday 15th August 2015

Published on Tuesday 25th August 2015

Current status: Closed

Closed: Thursday 25th February 2016

Signatures: 11

Tagged with

Miles

Petition Action

Give access to funds from a pension share after divorce if it can help to house.

Petition Details

For a lot of women, the main asset from a divorce is a pension share, which in most cases, can't be touched until age of 55. It would benefit a lot of women, struggling after divorce if there was an arrangement that this could be accessed to help with housing needs.

Additional Information

I personally have been divorced four years. Last year I had to give up a job (keyworker) that I loved, because I could no longer afford to live in that area. I have been living temp with a family member for the past year. I have a new job, 25 miles away in a similar role, still as a key worker, and work shifts. At my age, 51, I'm unable to get a mortgage, but if I could access funds from pension share, I would be able to buy a shared ownership property, and move closer.


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