Sole trustee handed suspended jail sentence over missing pensions 

Mark Battersby
clock • 3 min read

A former owner of UK-based Norton Motorcycles has been given a suspended prison sentence for illegally investing pension schemes' money into his business.  He was also the sole trustee of the three pensions schemes which invested in Norton Motorcycles. Following a prosecution brought by The Pensions Regulator (TPR), Stuart James Garner, 53, of Park Lane, Castle Donington, Derby was sentenced on 31 March to eight months imprisonment, suspended for two years, for each of three counts of breaching employer-related investment (ERI) rules.  He was also disqualified from acting as a comp...

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