IFAs offered insight into fine wine investments

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Fine wine house Premier Cru has launched an IFA consultancy division designed specifically to support financial intermediaries whose clients may be interested in turning to wines as an alternative investment.

Following calls for such a service by the IFA community, Premier Cru Fine Wine Investments has created a consultancy division to help clients seek out high growth returns within Sipps and other tax wrapper products targeted at the high net worth. In recent months, asset managers and fund of fund providers have been looking on occasions at using alternatives to equity investments, and higher earners have used products such as art to boost their investment portfolios. Given the search for stability and diversification of investments, consumers may not be looking for the actual purchase ...

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