Towers Watson, a professional services company based in New York, is acquiring Extend Health, which operates the largest private Medicare exchange in the U.S., as it seeks to expand its retirement services offerings.

Nearly three-quarters (71%) of mid-sized to large companies intend to keep their health insurance plans in place for 2012, according to a new Towers Watson survey.

Employers are implementing bolder health care program changes in preparation for health care reform and cost challenges, a new survey says.

The floodgates on usage of preventive health care service – a key component of wellness – may open next year, when out-of-pocket cost for these services are removed from many health plans as part of federal health reform.

Federal reform legislation will enable employers that sponsor defined benefit (DB) pension plans to potentially receive billions of dollars in temporary pension funding relief, according to a new analysis.

The Deepwater Horizon oil disaster isn’t big enough to move the property-casualty sector to raise prices or end the soft market in the commercial lines, according to a Towers Watson analysis.

Target-date funds are the most prevalent default investment option for automatic enrollments at large-size companies, according to a Towers Watson survey.

Employers are focusing greater attention on lifetime income options like annuities, according to a new Towers Watson survey.

Chad J. Berhance joined NewOak Capital as managing director and head of New Oak Solutions, a portfolio risk analytics, credit and advisory service provider to institutional investors globally.

The U.S. tort system, seen by many as the best area to focus health care reform, is not as costly a system as some suggest, according to a new analysis by a consumer coalition.