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...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

Is the 'institutional spring' under threat from Gen Z disconnect?

Is the 'institutional spring' under threat from Gen Z disconnect?

Archie Pritchett says unless reform reaches savers, 2026's progress will bloom where nobody is looking

Archie Pritchett
clock 10 April 2026 • 4 min read
Is 3i v Decesare a further move away from Courage?

Is 3i v Decesare a further move away from Courage?

Kate Payne and Archana Gupta say a more robust approach may now be more defensible

Kate Payne and Archana Gupta
clock 09 April 2026 • 5 min read
PMI: Why a new pension system needs a new regulatory approach

PMI: Why a new pension system needs a new regulatory approach

Helen Forrest Hall says the future lies in regulating people rather than process

Helen Forrest Hall
clock 31 March 2026 • 4 min read
Trustpilot