Wells Fargo & Co. said its subsidiary, Wachovia Bank, has agreed to acquire the proprietary defined contribution plan recordkeeping business of Texas-based Comerica Bank, a subsidiary of Comerica Inc. The … Read →
See more: 401(k)s, acquisitions, Comerica, defined-contribution, TX, Wachovia, Wells Fargo
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.

