DWP blames Pension Wise job cuts on 'excess capacity'

Full-time Pension Wise guiders will reduce from about 287 in 2015/16 to 185 in 2016/17 as the government aims to reduce the overall budget for the service by a quarter. The DWP said this is the inevitable result of reducing spare capacity in the service.  A DWP spokesperson said: "We deliberately built extra capacity into the Pension Wise service at the start to ensure that anyone could make an appointment, regardless of where they lived in the UK. "Pension Wise has now been running for nearly a year and we are in a better position to plan capacity. We are actively working with our...