Unregulated introducer appeals High Court judgment; also applies for judge to be recused from case

In late June the High Court ruled in favour of the Financial Conduct Authority (FCA) in a civil action against unregulated introducers Avacade and Alexandra Associates, after pension savers were persuaded to invest millions of pounds into risky, unregulated schemes. The FCA alleged the two companies provided a pension report service and made misleading statements that induced customers to transfer their pensions into self-invested personal pensions (SIPPs) and then to alternative investments, such as tree plantations and Brazilian property developments. The High Court found Avacade's ...