Former company director, Nicholas Marks, has denied allegations he defrauded his workers’ pensions, pleading not guilty to both charges at Southwark Crown Court yesterday (8 May).
Marks was charged with one count of fraud by abuse of position in respect of employees of Clarity Products Ltd, and a further count in respect of employees of Lunar Automotive Ltd.
The charges were brought under Section 4 of the Fraud Act 2006, in a prosecution brought by The Pensions Regulator.
Marks previously appeared at Westminster Magistrates’ Court on the 10 April for the same charges.
A trial has been fixed for Monday 18 May 2026 at Southwark Crown Court.
Latest News
-
Over-taxation concerns persist as repayments exceed £1.4bn
-
PA Spring Conference: BBB to establish investment vehicle to attract pension fund investment in venture capital
-
Employers urged to step up on social mobility amid 'diversity-washing' concerns
-
News in brief - 25 April 2025
-
This week in pensions: 21-25 April 2025
-
Govt confirms plans to include small pots solution in Pension Schemes Bill
Being retirement ready
Gavin Lewis, Head of UK and Ireland Institutional at BlackRock, talks to Francesca Fabrizi about the BlackRock 2024 UK Read on Retirement report, 'Ready or not. How are we feeling about retirement?’
Time for CDI
Laura Blows speaks to AXA Investment Managers (AXA IM) senior portfolio manager for fixed income, Rob Price, about cashflow-driven investing (CDI) in Pensions Age’s latest video interview
The role of CDC
In the latest Pensions Age podcast, Laura Blows speaks to TPT Retirement Solutions Chief Client Strategy Officer, Andy O’Regan, about the role of collective DC (CDC) within the UK pensions space
Keeping on track
In the latest Pensions Age podcast, Sophie Smith talks to Pensions Dashboards Programme (PDP) principal, Chris Curry, about the latest pensions dashboards developments, and the work still needed to stay on track
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories