Victims of Norton Motorcycles pension scandal receive £9.4m compensation

Payments finally received into accounts set up for each victim more than a decade after the fraud

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.