Divorced Women And Building Society Investments

EDM number 931 in 1995-96, proposed by Helen Jackson on 22/05/1996.

That this House believes that the present rules which entitle only the first name on a building society joint account to share options or other benefits arising out of mergers or takeovers is unfair to the other party; recognises that the one discriminated against is invariably a women and that where separation or divorce has not led to the splitting of a joint account, the woman can lose all rights to her share of the joint investment; and calls on the Government to redress this anomaly at the earliest opportunity so as to ensure that in all cases such rights are divided equally between divorced couples.

This motion has been signed by a total of 65 MPs.