Everything you need to know about investing in wine: the top ten investment brands, top ten traded wines and much more…
Meet my imaginary friend Joe Sixpack. In 2007 he moved up from booze to wine. He plunged into buying at auction. Now he wants to sell there. But Sixpack knows, unhappily, from other investments, that past performance is no guarantee of future results
General questions What exactly is a SIPP? What is A-Day? What is pensions simplification? What will simplification mean for me as an ordinary person? What are some of the main changes? How does it compare to my company pension? I have heard that I can put all sorts of assets, including wine, into a pension in future. Is this true? Do I need to use a financial adviser? How can I find a good adviser? Who sells SIPPs and how much do they cost? Is there a list of SIPP providers? Can I get tax relief on my pension investments? Wine-related questions Is wine free of Capital Gains Tax? What is the benefit of putting wine into a pension fund? What are the drawbacks of putting wine into a pension fund? Can I put wine I already own into a pension? Can I use wine from my pension when it's ready for drinking? Is wine a good investment for a pension fund? Will all SIPPs providers accept wine from A-day? How can I buy wine for a SIPP? Where can I buy wine for a SIPP? If I buy from a merchant not linked to my SIPP provider will there be a charge? How will the wine in my SIPP be valued? I hear that the price of fine wine is currently going through the roof. Is this correct? Which wines should I put into my SIPP? What about en primeur? How will the Inland Revenue define ‘fine wine’? What about investing in a wine fund? So what are the dangers? What should I do before A-Day? Useful websites
