You may be aware from news reports over recent days that the Chief Financial Officer of Northamptonshire County Council has issued a Section 114 notice, imposing strict spending controls on the Council.

We would like to reassure members and employers that these spending controls will not be applied in relation to the governance and administration of the Northamptonshire Pension Fund, which is carried out by LGSS on behalf of all scheme employers in the Fund.

The Fundโ€™s finances are held separately to those of the Council and are not affected by this recent development.