A former owner of Norton Motorcycles is set to be prosecuted by The Pensions Regulator (TPR) as he is charged with illegally investing money into the business from three defined contribution (DC) pension schemes.
Stuart James Garner is accused of investing more than 5% of assets from each scheme - for which he was sole trustee - into the motorcycle business. The prosecution comes after an investigation b...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date