Divorce makes men the richer sex

06 January,2011 11:21 AM IST |   |  Agencies

Divorce makes men -- particularly fathers -- significantly richer, however, ex-wives are plunged into poverty, according to a new research


Divorce makes men -- particularly fathers -- significantly richer, however, ex-wives are plunged into poverty, according to a new research.
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When a dad separates from the mother of his children, his available income increases by 25 per cent, the research carried out by Professor Stephen Jenkins, a director of the Institute for Social and Economic Research and chair of the Council of the International Association for Research on Income and Wealth, found.

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In stark contrast, women suffer severe financial penalties - regardless of whether she has children.
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The survey, Marital Splits and Income Changes over the Longer Term, which is the first to track the changing wealth levels in Britain associated with a marriage breakdown, revealed that the average woman's income falls by more than a fifth and remains low for many years.

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divorce richer men plunged into poverty ex-wives