I'm male, aged 54, and last year I was diagnosed as having type 2 diabetes and my cholesterol being a little high - it was 5.6. My weight at the time was 15 stone and the practice nurse wanted my doctor to prescribe statins to help reduce my cholesterol. My doctor refused, preferring instead to see if I could get it down myself by changing my diet. Apparently, once you're prescibed statins you have to take them for the rest of your life. To be honest, I was relieved that my doctor decided not to, I feel I take enough meds already.
Needless to say, I had to change to a sugar-free diet anyway with having diabetes, which I found really difficult at first, due to having a very sweet tooth but of course it was a case of having to. :(
In order to reduce my cholesterol I've started using semi-skimmed milk and having Quaker Oats for breakfast, and I now use Flora margarine. A month after my first cholesterol result, I managed to get my level down to 4.8 - which both my doctor and nurse were really pleased with -and I've also managed to get my weight down to 13.5 stone (although the latter is probably more down to my sugar-free diet).