Ex-owner of Norton Motorcycles faces jail over breaches of pensions rules

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Ex-owner of Norton Motorcycles faces jail over breaches of pensions rules
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  • 📰 The Guardian
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Stuart Garner admitted three offences of illegally investing millions of pounds of pension savings into his business

, the prime minister’s new chief of staff since Saturday, admitted three offences at Derby magistrates court on Monday.maximum of two years in prison or an unlimited fineThe admission comes after pension holders had been complaining for years that the businessman had repeatedly ignored their requests to return their retirement savings. It also follows a 2020that showed how more than 200 “ordinary working people” had had their entire pension pots invested into Norton shares.

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