My parents were in their eighties and wanted to add a considerable amount to their savings.

The "investment" expert at Wescom tried to sell them an annuity which would have penalized them for taking any money out for TEN YEARS.

When I questioned a manager about this attempt to dupe my parents, she said that that was the recommendations their "investment" staff made, in spite of the fact that my parents would have to live well into their nineties to avoid being penalized for the bad advice.

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