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Whiskey & Wealth Club Ltd
; Wealth Club partners with the world’s leading distilleries to offer premium cask whiskey strategy support”. The ad included a photo of a whiskey cask with the wording “Private investments in Irish cask whiskey. Under the heading “Why you should invest in Irish cask whiskey
, specific details of a customer’s investment history with them and three cask buy-back year, and that certain exit strategies could achieve a return of up to 55 per cent each year on casks detailed case study of a client who had sold casks back to Whiskey & Wealth Club and three other
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Financial products and services: Unregulated investments
– whisky cask gold (physical) wine land 2023, the ASA investigated ads for investment in whisky casks, which stated “Invest your other claims. The ASA considered that the ads had omitted material information that cask whisky
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Alcohol: General
, such as wine or whisky casks, are encouraged to read our guidance on Financial Products and Services: General and our Whisky Cask Enforcement Notice.
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Vintage Associates Fine Wine Merchants Ltd
featured a picture of a wine cask. Text adjacent to the cask stated, “BUILD YOUR COLLECTION
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Advertising a whisky cask investment? Distill our advice to make sure ads reflect both the spirit and letter of the Code
Did you know whisky cask investments are an unregulated financial product? As well as stating the
With the growth of alternative investments, has come interest in buying whisky casks: the simple idea being that the cask is held in storage, for what can be decades, by which time it has matured unlikely to have experience of understanding whisky cask investments, and because the whisky cask
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Enforcement Notice: Advertising of Whisky Cask Investments
This Enforcement Notice provides guidance to advertisers of whisky cask investments. Offers for
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London Cask Co Ltd t/a London Cask Company
Two national newspaper ads, a website and a paid-for Google ad for London Cask Company, a whisky cask investment company: a. The first national newspaper ad, seen on 30 July 2022 in The Guardian whiskey prices have increased by an impressive 586%***. London Cask Company offers investors
misleadingly suggested London Cask Co. had received awards or endorsements from those organisations. 1 % per annum”, London Cask Co. Ltd said that they did not believe the references to different stated, “BC20 cask index [is] reporting an average of 13.09 per cent over the past five years
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Blackford Casks Ltd t/a Whisky Investment Partners
, a whisky cask investment company: a. The online display ad, seen on 24 May 2022, included text that stated, “Cask Investment Get Returns upto [sic] 12% Per Annum”. The ad linked to a page that stated, “WHISKY CASK MARKET RETURNS 8-12% Average return per annum over the last 10 years&rdquo
choice for retirement funds or for investment of savings. 1. Blackford Casks Ltd t/a Whisky Investment Partners said they had a total of 3,990 customers, 63 of whom had sold their casks back to Whisky , including the dates and prices they had bought and sold their whisky casks and the returns they had made
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