The U.S. Labor Department has refused requests for exceptions to its rule requiring all businesses with a pension plan and/or a 401(k) to file certain forms electronically, according to a pension consultant, who warns that plan sponsors may choose to terminate their existing plans.
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.