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The Guardian - UK
The Guardian - UK
Business
Simon Goodley

Victims of Norton Motorcycles pension scandal receive £9.4m compensation

A Norton motorcycle
Norton collapsed in January 2020 and was bought out of administration months later. Photograph: Bloomberg/Getty Images

Victims of the Norton Motorcycles pension scandal have finally been paid £9.4m in compensation more than a decade after they had seemingly lost their life savings.

The move represents some long-awaited good news for more than 200 people who fell victim to what is known as a pensions liberation fraud during 2012 and 2013, when they were tricked into allowing about £11.5m to be transferred out of their retirement plans.

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