Budget 2015: Pension Wise gets £20m funding boost

These funds could provide a significant boost to the £20m initially set aside in last year's Budget to fund the guidance service during its first year of operation. Background documents reveal the money will be used to extend the availability of state pension statement and pension tracing services as well as providing extra delivery capacity for Pension Wise. Earlier this year it was announced staffing at The Pensions Tracing Service would triple following a spike in demand. The documents also state the government has put plans in place in case there is a need to draw on Department...