Facebook Twitter Pinterest Reg Armstrong, winner of the Isle of Man TT in 1952, takes a corner on his Norton. Photograph: World History Archive/AlamyGarner bought the Norton brand in 2008, after it had been under US ownership and had ceased producing bikes. The pensions ombudsman says it has received 31 separate complaints about the conduct of the three Norton pension schemes since 2012. Many of the pension funds of the 228 members that found their way into Norton during 2012 and 2013 were raised by a conman called Simon Colfer. The pension holders – many of whom were financially vulnerable – had been led to believe they would receive a tax-free lump sum for agreeing to the transfer.

Source: The Guardian January 30, 2020 18:00 UTC