Let's make friends: Industry pushes for AE data standard

Data have been a sticking point for many schemes and employers. Who can blame them? Of all the areas of pensions, data isn’t the most inspiring and engaging to newcomers. 

However, as many employers are coming to find out, it is an extremely important subject. A new group called Friends of Auto-Enrolment, the brainchild of the Chartered Institute of Payroll Professionals, is attempting to create a data standard to help employers auto-enrol more easily.

Friends of AE and Pensions BIB – an informal collaboration between BCS Payroll Group, IReeN, which is a user group for online electronic exchange between employers and HM Revenue & Customs, and BASDA HR & Payroll Special Interest Group – are working to achieve a free-to-use, open, unlicensed data standard for auto-enrolment.

(Note: BIB is just the first initial of each organisation’s name).  

The group published the first draft of its pensions and payroll data standard this month.  

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