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Norton boss guilty

Tuesday, 8 February 2022 at 0:00:00 UTC


Al Suttie

Former Norton boss pleads guilty

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Stuart Garner, the former boss of Norton Motorcycles, has admitted illegally using money from the company’s pension schemes to reinvest in the business.

Garner used an estimated £11 million of pension scheme cash and broke the law by investing more than 5% of assets from three pension schemes, of which he was the sole trustee.

After pleading guilty to three charges of breaching pension scheme regulations, 53-year old Garner will be sentenced on 28 February at Derby Crown Court.

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