Former business owner admits illegal investing

Stuart Garner pleaded guilty yesterday to three charges of breaching ERI rules

Holly Roach
clock • 1 min read
The offences were in relation to three DC schemes which had a total of 227 members
Image:

The offences were in relation to three DC schemes which had a total of 227 members

A former owner of Norton Motorcycles has admitted illegally investing money into the business from three pension schemes for which he was the sole trustee.

Stuart Garner pleaded guilty at a court hearing yesterday (7 February) to three charges of breaching employer-related investment (ERI) rules by investing more than 5% of assets from each scheme int...

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