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

PPI - Too much or not enough? The Pensions Commission's low earners dilemma

PPI - Too much or not enough? The Pensions Commission's low earners dilemma

John Upton says low earners are a group that is particularly vulnerable to undersaving.

John Upton
clock 03 July 2026 • 4 min read
FCA consults on proposals to support stronger SIPP market standards

FCA consults on proposals to support stronger SIPP market standards

Watchdog says it aims to improve consistency and adequacy of due diligence

Jonathan Stapleton
clock 22 June 2026 • 1 min read
Will pension firms become subject to a robot tax?

Will pension firms become subject to a robot tax?

Matthew Giles looks at how taxing the ‘labour’ performed by AI would impact pensions

Matthew Giles
clock 18 June 2026 • 3 min read
Trustpilot