Reversion revolution?

April this year saw home reversions granted regulatory status - a successful outcome following three years of campaigning to create a level playing field with the lifetime mortgage. It might seem curious for an industry to be active in seeking regulation for its products but the alternative would have been worse. In a market providing two alternative financial solutions, to leave one product unregulated and the other regulated would have resulted in an imbalance leaving the adviser and the customer at risk. Since April advisers have shown increased confidence in recommending home reversio...