Equity Release Council: govt must take control on policy

Speaking at the Retirement Income Solutions forum today, Waterson (pictured) said the establishment of a departmental home for equity release would address the problem. Waterson said: "The equity release market is growing thanks to better information about the choices people have to fund their retirement and thanks also to innovation in the industry to meet older people's changing needs. "But building on this growth requires decisive action to overcome the knowledge and policy vacuum that continues to linger - despite the progress achieved." His words came after the latest labour m...