She said: "Today’s Treasury announcement on home reversion plans is a victory for common sense.
"The government has recognised the unarguable case for all equity release plans to be sheltered under the same regulatory umbrella.
"What matters now is that the next steps towards regulation are swift and sure. Parliamentary time to introduce necessary legislation must be found without delay. The sooner the Financial Services Authority (FSA) is given responsibility for home reversion schemes the better for everyone.’
