Pensions Reform

Not to be outdone by HMRC in terms of creating potentially onerous requirements for payroll software, the Pensions Regulator has published a "guide to software developers".

I've read this and at first glance it seems to have a lot of extra data and transactions that need to incorporated into payroll systems. This is all around the new requirements to automatically enroll employees in a pension scheme in certain circumstances.

Once again, it'll be interesting to see the Oracle response.