Ex-Norton Motorcycles owner in court over DC investments

Former owner is accused of illegally investing money into the business

Holly Roach
clock • 1 min read
Garner is accused of investing more than 5% of assets from each scheme into the business. Photo by mr.throk/Flickr. CC BY-SA 2.0
Image:

Garner is accused of investing more than 5% of assets from each scheme into the business. Photo by mr.throk/Flickr. CC BY-SA 2.0

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...

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Holly Roach
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Holly Roach

Deputy Editor at Professional Pensions

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