TPR reports on action against former Norton Motorcycles owner

Former motorcycle business owner left three schemes with combined £10m shortfall

Jasmine Urquhart
clock • 3 min read
Stuart James Garner was banned from being a trustee
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Stuart James Garner was banned from being a trustee

The Pensions Regulator (TPR) has reported on action taken against a former trustee who left three schemes in his trusteeship with a combined shortfall of £10m.

In a regulatory intervention report published today (27 October), the regulator said the former owner of Norton Motorcycles, Stuart James Garner (54), illegally invested schemes' money into his bus...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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